Free Magento Themes / Templates Download: updated list

Magento is an open-source ecommerce web application launched on March 31, 2008. It was created by Varien, building on components of the Zend Framework. Magento is available under the Open Software License version 3.0. Since version 1.1.7 some parts are licensed under the Academic Free License version 3.0.
Magento Enterprise Edition, a paid for version of Magento aimed at larger companies, was launched on April 15, 2009
Below is a compilation of FREE magento themes ready for download
Updated post with more 80 magento templates to download – Dont forget to check that too!!

Free Magento Templates

Modern Theme | Live Demo | Download
This is an alternative to the default theme created by the Magento core team. It brings a more corporate look and feel, with a clean and simple design.

Magento Classic Theme | Live Demo | Download
Templates-Master’s first free professional Magento theme, the Classic Theme is available in 10 colors, all available for free download. This is CSS3-powered theme, easy to customize and coming with free updates.

Telescope Theme | Live Demo | Download
Created by MagThemes, this theme is very popular in the Magento community. It is freely available for download and has already been downloaded over 6,000 times.

Pet Store Theme | Full Preview | Download
This is the first free Magento theme from Template Monster. Very simple and light design, and easy to customize according to your needs.

Computer Store Theme | Live Demo | Download
When you download this ready-made Web page design, you can practice editing it to gain experience working with this type of theme.

Blue Skin | Live Demo | Download
Another alternative to the Magento default interface, this one with a very minimal design that focuses on the shopping cart.

Electronics Store Theme | Full Preview | Download
This theme has a rugged, mechanical appearance. The strong color and font would show off electronic devices well. To download this theme, just go to the store checkout and pay nothing; you’ll receive the theme by email within 24 hours.

Linen Theme | Live Demo | Download
Another free theme from MagThemes. Linen Theme is very flexible. It has a stretch design (can stretch to fit 90% of your browser window) and a clean and simple layout that draws your customer’s attention to the products.

Eco Fashion | Full Preview | Download
The Eco Fashion e-commerce template is very easy to customize. With minor changes to the CSS and images, you can transform this into your own personal theme. It comes loaded with some key SEO tools, such as lightweight CSS menus and main page content that appears before the column, footer and header blocks.

Girly Store Theme | Live Demo | Download
A free pink theme for stores targeted at girls. Includes theme files, the PSD source file for the logo and fonts. It has the same power as the default Magento template; only some minor changes were made to the CSS, images and theme code, but not the core files. So, you can update to new releases of Magento with no problem.

Refresh | Full Preview | Download
Refresh is a free W3C-compliant, CSS-based template based on the original HTML/CSS template by StyleShout.com. This work is distributed under the Creative Commons Attribution 2.5 License, which means you are free to use and modify it for any purpose.

iPhone Optimized Theme | Full Preview | Download
One more alternative skin to the default Magento interface. The very clean layout was created mainly with the iPhone in mind. It includes automatic detection and delivery of packages and themes (templates, skins, CSS, layout) based on the user-agent (client) that can be configured to global, website and store views. This video shows a preview of how Magento looks on the iPhone.

Thanks to smashingmagazine.com which was referred for the selected themes
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