Glamorous Penelope Cruz displays plenty of cleavage in elegant off-shoulder dress as she hits the red carpet for the premiere of new movie Ma Ma in Madrid

She's got one of the best bodies in Hollywood, and doesn't mind showing it off.

And Penelope Cruz cut a typically gorgeous figure as she attended the premiere of her latest film Ma Ma in Madrid, Spain on Wednesday evening.

Turning heads as she walked down the red carpet, the 41-year-old beauty showed off her perfect figure in a striking off-shoulder dress.

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Hollywood glamour: Penelope Cruz cut a typically gorgeous figure as she attended the premiere of her latest film Ma Ma in Madrid, Spain on Wednesday evening

Hollywood glamour: Penelope Cruz cut a typically gorgeous figure as she attended the premiere of her latest film Ma Ma in Madrid, Spain on Wednesday evening

The sizzling black number, complete with a central thigh-high split and plunging neckline, drew heaps off attention to her ample assets and toned curves.

She added an envy-inducing pair of black heels with a peep toe to her ensemble, which was otherwise fuss-free.

Her brunette tresses were swept into a chic updo, and she finished her evening look with a light smattering of make-up and a statement pair of diamond earrings.

Picture perfect: Turning heads as she walked down the red carpet, the 41-year-old beauty showed off her perfect figure in a striking off-shoulder dress

Picture perfect: Turning heads as she walked down the red carpet, the 41-year-old beauty showed off her perfect figure in a striking off-shoulder dress

Leggy: The sizzling black number, complete with a central thigh-high split and plunging neckline, drew heaps off attention to her ample assets and toned curves
Leggy: The sizzling black number, complete with a central thigh-high split and plunging neckline, drew heaps off attention to her ample assets and toned curves

Leggy: The sizzling black number, complete with a central thigh-high split and plunging neckline, drew heaps off attention to her ample assets and toned curves

Show off your shoulders in a Chanel Couture dress like Penelope

Being an A-list celeb has its benefits, and couture creations is one of them. Penelope Cruz chose a chic cocktail dress from the Chanel Fall 2015 Couture colection for her red carpet appearance and we've fallen hard for its incredible embellished details. We love the classic cut of the knee length skirt, the off shoulder neckline highlighting the collarbones, but it's thigh high slit that makes it super sexy.

There's something almost Audrey Hepburn-esque about the bodice and white embroidered shoulder line. Styled peep toes and a perfect updo, it's the kind of dress Breakfast at Tiffany dreams are made of.

Sadly, couture is never available online, but check out the runway show to the right. But let's make do and recreate this look with the edit below. The one from Boohoo is only $10, what are you waiting for! When can you get a cocktail dress for less than a cocktail!

* PRICES MAY NOT BE AS ADVERTISED

Penelope – who is married to fellow Oscar winner Javier Bardem, with whom she has two children – radiated a gorgeous glow as she stopped to sign autographs for fans.

Meanwhile, in the film, the Spanish actress plays Magda, a woman who has to overcome tragedy in her life, though the film is also infused with scenes of humour and happiness.

She also produced the film, in what is only her second turn as a producer following her debut in 2012 movie Twice Born.

Standing tall: She added an envy-inducing pair of black heels with a peep toe to her ensemble, which was otherwise fuss-free

Standing tall: She added an envy-inducing pair of black heels with a peep toe to her ensemble, which was otherwise fuss-free

Attention to detail: Her brunette tresses were swept into a chic updo, and she finished her evening look with a light smattering of make-up and a statement pair of diamond earrings

Attention to detail: Her brunette tresses were swept into a chic updo, and she finished her evening look with a light smattering of make-up and a statement pair of diamond earrings

Striking display: Penelope's impressive figure looked absolutely flawless during the outing

Striking display: Penelope's impressive figure looked absolutely flawless during the outing

Stand-out: The brunette stunner is no stranger to the limelight and was clearly enjoying having all eyes on her during the event

Stand-out: The brunette stunner is no stranger to the limelight and was clearly enjoying having all eyes on her during the event

Not solo: The Hollywood star was also joined by the film's director Julio Medem

Not solo: The Hollywood star was also joined by the film's director Julio Medem

Ready for my close-up: The star looked flawless as she posed up a storm on the red carpet
Ready for my close-up: The star looked flawless as she posed up a storm on the red carpet

Ready for my close-up: The star looked flawless as she posed up a storm on the red carpet

The plot: In the film, the Spanish actress plays Magda, a woman who has to overcome tragedy in her life, though the film is also infused with scenes of humour and happiness

The plot: In the film, the Spanish actress plays Magda, a woman who has to overcome tragedy in her life, though the film is also infused with scenes of humour and happiness

The Vanilla Sky actress is already busy working on new movie La reina de España, which she will also star in and produce.

Intriguingly, Penelope recently admitted that she is planning to move away from acting and into production.

Speaking to Variety in Cannes earlier this year, she dished: 'I want to build what could be my future in cinema, not always being in front of the camera.

'I'd also like to direct a feature, maybe 10 years from now. For now, I’m directing commercial and video-clips; I love that.'

Support: Penelope's movie star husband Javier Bardem also attended the premiere alongside his mother Pilar Bardem

Support: Penelope's movie star husband Javier Bardem also attended the premiere alongside his mother Pilar Bardem

Affectionate: The tough guy actor showed off his soft side as he planted a kiss on his beloved mum's cheek

Affectionate: The tough guy actor showed off his soft side as he planted a kiss on his beloved mum's cheek

Talented: She also produced the film, in what is only her second turn as a producer following her debut in 2012 movie Twice Born

Talented: She also produced the film, in what is only her second turn as a producer following her debut in 2012 movie Twice Born

Popular: Penelope – who is married to fellow Oscar winner Javier Bardem, with whom she has two children – radiated a gorgeous glow as she stopped to sign autographs for fans

Popular: Penelope – who is married to fellow Oscar winner Javier Bardem, with whom she has two children – radiated a gorgeous glow as she stopped to sign autographs for fans

Buzzing crowd: She also happily took selfies with her loyal fans

Buzzing crowd: She also happily took selfies with her loyal fans

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