Maria de las Mercedes de Baviera y Borbón (Madrid, October 3, 1911 - Madrid, September 11, 1953) was the third child of the marriage of infante Ferdinand Maria of Bavaria and Maria Teresa of Bourbon. Although birth was considered Bavarian Princess, her proximity to the Spanish royal family allowed her to hold the title of Infanta of Spain.

Maria de las Mercedes was born in Madrid in 1911, during the reign of her maternal uncle, Alfonso XIII. At her baptism, she received the names Maria de las Mercedes Teresa María de la Paz Fernanda Adalberta Cristina Antonia Isidra Raimunda Josefa Jesusa Fausta Francisca de Borja and All Saints. Her father, Ferdinand Maria of Bavaria, had married in 1906 his cousin, the Infanta Maria Teresa of Bourbon, second daughter of the late Alfonso XII and the Regent Maria Cristina. Rather than settle in his Bavarian home, Fernando and María Teresa went to live in a mansion located on the Cuesta de la Vega, near the Royal Palace in Madrid. There would be born four children: Luis Alfonso, José Eugenio Maria de las Mercedes and María del Pilar.

Maria de las Mercedes lost her mother when she was only one year old, her father remarried in 1914 with one of the ladies of her mother, Dona Maria Luisa Silva and Fernandez de Henestrosa (1870 - 1955) which received the title of Duchess of Talavera de la Reina. There were offspring of this marriage.

After the proclamation of the Second Spanish Republic in 1931, Maria de las Mercedes and her family went into exile in Germany, it was precisely during this period that would begin a book of poetry entitled Love. It would not be until Francisco Franco came to power that returned to Spain . Maria de las Mercedes belonged to the Order of Malta.

On August 29 of 1946 married in San Sebastián with Prince Irakli Bagration-Mukhrani (1909 - 1977), who was widowed in 1944 his second wife, the prince belonged to an ancient family which had ruled in the late Kingdom of Georgia until its annexation to the Russian Empire in the eighteenth century. His sister Leonida (1914 - 2010) would marry a few years later with the Grand Duke Vladimir of Russia (1917 - 199 ).

Irakli and María de las Mercedes family resided in the palace that had her family in Madrid. In the same city would be born two children:

 Her Highness Doña María de la Paz Victoria Elena Antoinette Tamara Bagration-Mukhranskaya and Bavaria (b. 1947 ), married with issue.
 His Highness Don Juan Maria de Bagration-Mukhransky and Bavaria (b. 1949 ), married with issue. 

The Infanta Maria de las Mercedes died in Madrid in 1953 because of a heart condition which had suffered for years. Her body was buried in the Monastery of San Lorenzo de El Escorial.
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