Spain's new King Felipe VI fans: 'New values for new times'
19 June 2014 Last updated at 15:02 BST
King Felipe VI has called for "a new Spain that we will build together" after being proclaimed head of state in a ceremony in parliament.
Earlier, King Felipe received the royal sash from his father, Juan Carlos, at the Zarzuela Palace near Madrid.
The BBC's Pascale Harter heard from group of fans who were wearing inflatable crowns and had gathered in support of the new king outside the parliament building.