Where to Stay in Madrid: My Selection of the Best Accommodations

You’re planning a trip to Madrid and you’re looking for the best place to stay?

You’re at the right place!

Choosing the perfect accommodation in Madrid can be tricky, especially if you have never been to Spain’s capital.

As I know Madrid very well, I have compiled a list of the best hotels in Madrid for you, sorted by neighborhood.

Whether you’re looking for a hostel, a budget hotel in the city center, or a more upscale hotel (with a swimming pool, for example!), you’ll find what you’re looking for in this article.

For each area, I will also tell you more about the best places to visit and nearby attractions.

With my recommendations, you can book your dream hotel in Madrid right now and ensure an unforgettable trip!

And at the end of this article, you will also find my selection of budget hotels in Madrid as well as my list of the best places to stay in Madrid if you’re travelling with kids.

So, where to stay in Madrid as a tourist? (or for business!)

Let’s find out!

My Favorite Hotels in Madrid

Here’s a quick summary of my favorite hotels to stay in Madrid, if you don’t have the time to read my detailed article.

Simply click on the hotel’s name for details and pricing:

• Where to stay in Madrid to visit on foot: Hotel Liabeny located just next to Puerta del Sol, in the heart of Madrid
• Best Hotel in Madrid for shopping: Boutique Hotel H10 Villa de la Reina
• Best 5-star hotel in Madrid: Palacio de los Duques Gran Melia, for a stay in a 19th-century palace
• Where to stay in Madrid on a budget: Generator Madrid
• Best hotel for a family stay in Madrid: BYPILLOW Crosstown
• Best place to stay in Madrid for a romantic getaway: Vincci Capitol, for its romantic vibe!

In Los Austrias District

Los Austrias is Old Madrid, a historic neighborhood of the Habsburg dynasty. Centered around Plaza Mayor, one of Madrid’s landmarks, it extends from Puerta del Sol to Calle Mayor.

With its numerous baroque churches, ancient palaces and monasteries from the 16th and 17th centuries, and classic and traditional architecture, this neighborhood is not short on charm: it’s actually one of the most touristy areas of the city.

I recommend this neighborhood for your stay in Madrid:

• If you are passionate about classic architecture
• If you love history
• For a true journey back in time

The area is the perfect place to discover:

• Plaza Mayor and Plaza de la Villa
• The Royal Palace, official residence of the King of Spain, and the Santa Cruz Palace (headquarters of the Ministry of Foreign Affairs)
• Almudena Cathedral, the most important in the region and the first church in Spain to have been consecrated by the Pope, and San Isidro Collegiate Church (which was Madrid’s Cathedral until 1993)
• The Royal Monastery of the Incarnation, now a convent for nuns
• The Royal Theatre

Here is my selection of the best hotels in Los Austrias district of Madrid

Oriente Palace Apartments – from 89€

Oriente Palace Apartments is ideally located right in the heart of Los Austrias, just a minute’s walk from the Royal Palace and 400 m from Plaza Mayor. You can visit all the neighborhood’s attractions on foot.

It offers clean and spacious rooms with very careful decoration. And if you prefer sleeping in an apartment in Madrid, Oriente also has a few, fully equipped with a small kitchen and microwave, very convenient if you don’t always feel like going out in the evening.

Advance booking highly recommended!

You will find numerous tapas bars and restaurants within a 5-minute walk. With the Opera metro station 300 m away, it is an ideal location to explore the rest of the city.

Dúplex Unico en Ópera – Palacio – from 115€

If you’re looking for an apartment to be more autonomous and immerse yourself in local life, the Dúplex Unico en Ópera – Palacio is an excellent choice.

500 m from Plaza Mayor and 700 m from Puerta del Sol, this duplex, very functional, has a bedroom with a double bed as well as a sofa bed. If you’re wondering where to stay in Madrid with family, this is one of the best choices!

It also boasts great amenities, like a dishwasher and a washing machine (a good choice for the ladies if you don’t want to spend your time doing mundane tasks on vacation). And in the bathroom, you can relax in the bathtub!

It’s an excellent choice for accommodation in Madrid!

Gran Meliá Palacio de los Duques – from 350€

The Gran Meliá Palacio de los Duques is part of the Leading Hotels of the World: it is ideal for a luxurious stay, 300 m from the Royal Palace, the Opera, and the Cathedral.

Set in a 19th-century palace, this 5-star hotel has undeniable charm, with its design inspired by the paintings of Velázquez, its historic private garden, and its gourmet restaurants serving French and Spanish cuisine.

It also includes free private parking, a rooftop pool with panoramic terrace and stunning views of the city, as well as a Thai Room wellness center.

The rooms are luxurious, equipped with Nespresso coffee machines, and Clarins toiletries are even provided for your use.

If you’re looking for a hotel in Madrid with a pool, this is the best choice. So naturally, it’s my recommendation for a luxury stay in Los Austrias neighborhood of Madrid.

In Salamanca District

Built during the second half of the 19th century to house the aristocratic and bourgeois classes of Madrid, Salamanca is known as the most upscale neighborhood in Madrid.

Its old-world charm will appeal to those who appreciate elegance, and its numerous luxury boutiques and refined restaurants are perfect for an upscale stay. If you’re seeking a calm and peaceful neighborhood for your accommodation, this is the ideal area. However, the prices for accommodation here are higher than in the rest of the city.

This district is ideal for staying in Madrid:

• If you’re looking for peace and quiet
• If you have a high budget
• If you love refinement and elegance
• For your luxury shopping and dining in Michelin-starred gourmet restaurants

Culture enthusiasts will be charmed by Salamanca with its many museums to discover:

• The Prado Museum
• The National Library Museum
• The Thyssen Museum
• The National Archaeological Museum

Where to Stay in Salamanca District?

ICON Casona 1900 by Petit Palace – from 160€

ICON Casona 1900 by Petit Palace is a boutique hotel housed in a magnificent 19th-century building, with elegant and upscale decor combining Art Nouveau and Art Deco styles.

Featuring rooms with home automation systems, a minibar, and a Nespresso machine, in addition to basic amenities, and a rooftop terrace with panoramic city views, it will appeal to luxury enthusiasts.

Situated just 500m from Ruben Dario metro station, it offers easy access to explore the entire city. The famous Retiro Park is only a 15-minute walk away.

This is my top pick for excellent value for money in Salamanca district.

Heritage Madrid Hotel – from 270€

This 5-star hotel is set in a listed 20th-century building and possesses an undeniable charm with its 1920s decoration, inspired by the Belle Époque era.

The rooms offer all the comfort and luxury you could dream of, in a very cozy atmosphere.

And you can also enjoy a delicious cocktail while contemplating Madrid from the rooftop terrace.

Located next to Paseo de la Castellana, it is close to numerous gourmet restaurants. Or you might prefer to dine in the hotel’s restaurant run by Michelin-starred Chef Mario Sandoval, which serves local and Mediterranean cuisine.

I highly recommend it for a romantic weekend in Madrid!

Hotel Villa Magna – from 440€

For those in love with luxury who want to be pampered during their holidays, Hotel Villa Magna is the perfect place to stay in Madrid.

It offers exclusive rooms and suites with views over Paseo de la Castellana or Serrano Street, furnished with an antique style and featuring marble bathrooms.

The hotel has everything you need for relaxation: a wellness club, gym, gourmet restaurants serving local or exotic cuisine, bars, and a lounge.

It is located near the Golden Mile, where you can shop in numerous luxury boutiques.

It’s my top choice for a 100% relaxing luxury stay in Madrid.

In Malasaña District

The Malasaña district is the youthful, dynamic, and alternative area of Madrid. Here, you will find thrift stores and art galleries, colorful walls covered in graffiti, and a joyful, multicultural vibe.

The best way to soak up the bohemian and underground atmosphere of Malasaña is to wander through its labyrinth of narrow streets and take the time to stop for a drink or some quick tapas.

Looking for where to stay in Madrid for a weekend? I recommend the Malasaña district!

Indeed, the area is packed with cafes, bars, and clubs: it’s the perfect place to go out and party.

Accommodation prices are very affordable in this popular neighborhood, making it an excellent choice for those seeking a lively atmosphere.

This district is ideal for accommodation if:

• You’re looking for a lively area
• You enjoy going out and partying
• You’re a hipster, fan of underground culture and always on the lookout for alternative artworks
• It’s also one of the best choices if you’re wondering where to stay in Madrid for exploring on foot.

You can discover:

• Plaza del Dos de Mayo, the central hub of Malasaña
• TriBall, the sustainable quarter with its organic product markets

The Best Hotels in Malasaña District of Madrid

The Walt Madrid – from 99€

Just 150m from Gran Via, and minutes away from the main tourist attractions (Puerta del Sol, Plaza Mayor, Royal Palace…), The Walt Madrid offers modern rooms, or family suites with an added kitchen.

Some rooms also come with a private terrace.

It’s an excellent compromise for those who want to stay in the lively Malasaña district while being right in the heart of Madrid.

Malasana Urban – MADFlats Collection – from 130€

Here’s one of the best options if you’re looking for a place to stay in Madrid during a romantic weekend.

Malasana Urban – MADFlats Collection offers luxurious and modern 60m² apartments. Decorated in contemporary style, they are very well equipped with an oven, dishwasher, washing machine, and more.

Designed for two guests, these apartments can also accommodate a family of 4 if you’re visiting Madrid with your children.

Couples will be delighted in this spacious and cozy apartment: I recommend it for a romantic stay in Madrid.

They also provide excellent value for money!

Vipstaymadrid Malasaña – from 200€

This 80m² apartment is perfect if you’re traveling with friends or family: with 3 bedrooms, a living room, and a bathroom, it can accommodate up to 8 people.

Ideally located 700m from Calle Princesa, 1.3km from Puerta del Sol, and 1.4km from Plaza Mayor.

Clean and featuring a modern design, with exposed brick walls and minimalist decor, it provides exceptional value for money.

This is undoubtedly the best apartment choice for a trip to Madrid with friends. Plus, you’ll just need to step outside to be at the center of the neighborhood’s trendy nightlife.

This apartment is also perfect if you’re wondering where to stay in Madrid with family.

In Lavapiés District

The Lavapiés district is the popular and multicultural heart of Madrid. Once considered a notorious neighborhood, it has since been rehabilitated and is now a must-visit during your stay in Madrid.

Set apart from the city center, it feels like a whole different city, with its African and Asian communities, small squares lined with café terraces, and local shops.

In the evenings, small concerts are organized in the bars, for the enjoyment of both locals and tourists.

As the area is somewhat outlying, it still benefits from low accommodation prices.

You should stay in Lavapiés:

• If you want to immerse yourself in a multicultural atmosphere
• To get to know the locals
• If you are on a tight budget
• To discover the bohemian and popular side of Madrid, far from the tourists and upscale districts

In this neighborhood, you will discover:

• Lavapiés Square, the neighborhood’s epicenter
• The San Fernando covered market and its fresh products typical of Madrid’s cuisine
• Argumosa Street, bustling at all hours of the day and night
• The Tabacalera, a former tobacco factory turned into a collective exhibition space

The Best Accommodations in Madrid’s Lavapiés District

Hotel Mediodia – from 70€

Ideally located in Lavapiés district, 100 meters from Atocha station and the Reina Sofia Museum, Hotel Mediodia offers good value for money.

The hotel itself is a magnificent building dating back to the early 20^th century, featuring original stained glass windows and a beautiful staircase in the entrance.

Its rooms are basic but very comfortable with good bedding and impeccable cleanliness.

Artrip Hotel – from 115€

Artrip Hotel features bright and comfortable rooms with a minimalist design, and some even come with a balcony.

Decorated with many works of art, and located close to major Madrid museums (Reina Sofía Museum at 500m and the Prado Museum a 15-minute walk away), it will captivate culture enthusiasts.

The staff is very welcoming and will happily share visiting tips. Plus, as a pleasant rarity, drinks are available on a complimentary basis.

It’s located 10 minutes walk from Atocha metro station, allowing you to visit the entire city despite the district’s peripheral location.

An excellent choice for staying in Madrid’s Lavapiés district.

Tryp Madrid Atocha Hotel – from 160€

Ideally situated near the Prado and Reina Sofia museums, and right next to the Anton Martin metro station.

Tryp Madrid Atocha Hotel welcomes you with spacious and stylish rooms featuring wooden floors, modern amenities, and air conditioning.

The service is impeccable: clean, welcoming, and everything you need for a pleasant stay in Madrid.

The breakfast is varied and of good quality. And in the evening, you can enjoy one of the numerous restaurants or tapas bars located nearby.

In La Latina District

An old Moorish quarter, La Latina is the traditional district of Madrid.

It’s a very picturesque area, with narrow medieval alleys, romantic small plazas, and numerous green spaces.

This district is home to many tapas bars and café terraces.

It’s also where you’ll find the famous El Rastro flea market, bustling and with a unique atmosphere. Take the time to wander among the stalls and immerse yourself in the local life.

This district is ideal for staying in Madrid:

• If you’re a party-goer
• If you’re looking for an animated place
• If you’re a history enthusiast

The main points of interest in La Latina district are:

• El Rastro flea market
• The squares: Plaza de la Cebada, Plaza de los Carros, Plaza de la Paja…
• Jardín de Las Vistillas and its amazing views of the city
• Cava Baja Street, very lively in the evening with numerous bars.

This might not be the most popular district among tourists, but it’s definitely a cool area to stay in Madrid.

Accommodations in Madrid’s La Latina District

L&H La Latina – from 70€

At L&H La Latina, you can find affordable apartments and studios in a tranquil part of the La Latina district.

Equipped with a bedroom featuring a large double bed for the apartments, a kitchen with a microwave and stove, and some with a terrace or balcony, the interior is spacious and modern. Everything is tastefully furnished.

It is ideally located 350 meters from the Puerta de Toledo metro station, and 800 meters from the Almudena Cathedral and the Royal Palace.

The location is perfect for exploring Madrid on foot, with many tourist sites nearby.

Posada del Dragón Boutique Hotel – from 150 €

The Boutique Hotel Posada del Dragón is situated 200 meters from La Latina metro station, 100 meters from Plaza Mayor, and a 5-minute walk from the San Miguel Market.

The rooms, with a colorful and ultra-modern decor, are comfortable, soundproofed and air-conditioned. The decoration is trendy, in the boutique hotel style, and the hotel’s restaurant offers an excellent modern regional cuisine.

The hotel also offers a bike rental service, and the staff, always available, will gladly provide you with tips for your visit to Madrid.

Apartamentos El Rastro – starting from €200

Very clean and comfortable self-catering apartments, Apartamentos El Rastro is ideal for a family stay or a trip with friends.

Able to accommodate up to 12 people, thanks to 3 bedrooms and a large living room, the apartments are well laid out, with a kitchen equipped with an oven and a dishwasher, and large communal areas to share moments with friends.

You’ll appreciate the warm welcome from Carmen, the owner, and the thoughtful touches like pastries for breakfast.

Plaza Mayor is 800 m away and Puerta del Sol is 1 km away.

This apartment is my favorite pick for a friends’ getaway in Madrid.

In Retiro District

The Retiro district is somewhat of the “green lung” of Madrid, with Retiro Park, spanning 118 hectares, where locals enjoy spending time as soon as the good weather returns.

It’s a relatively quiet, pleasant neighborhood, very residential, where you’ll find more middle-class residents than in the adjacent upscale neighborhood of Salamanca, north of Retiro.

The Retiro district is ideal for staying in Madrid:

• If you’re looking for a peaceful neighborhood
• For nature lovers

Places to visit in Retiro district:

• Retiro Park
• Palacio de Velazquez and the Crystal Palace (within the park)

Where to stay in Madrid in Retiro district?

Claridge Madrid – starting from €90

Located close to the Conde de Casal metro station and a 10-minute walk from Retiro Park, Claridge Hotel Madrid is spacious, modern, and stylish.

It offers well-equipped rooms; suites with breathtaking city views, a lounge, and a hydromassage bathtub; as well as various amenities (gym, restaurant, snack bar, room service).

You can also rent bikes or cars here.

One of the top choices for staying in Madrid and moving around easily for sightseeing.

Only YOU Hotel Atocha – starting from €200

Only YOU Hotel Atocha, housed in a stunning 19th-century building, is located 150 m from Atocha station and a 10-minute walk from the metro.

It’s a comfortable hotel offering views over Paseo Infanta Isabel and Calle Alfonso XII.

The atmosphere is youthful and energetic, with a weekly rooftop party taking place on the 7th-floor terrace.

Breakfast is served on the same terrace with a panoramic view of the city, and the hotel’s restaurant delivers simply delicious cuisine.

Hotel Palacio del Retiro – starting from €310

This exceptional hotel is located right opposite Retiro Park.

Set within a listed building, the 5-star hotel offers luxurious and ultra-modern rooms and suites, along with amenities such as a gym or sauna.

It’s excellently situated, 500 m from the Prado Museum and 600 m from the Thyssen-Bornemisza Museum. The Retiro metro station is only 350 m away: making it easy to explore the rest of the city and its surroundings.

This is my top pick for a luxury hotel in Retiro district.

In Sol and Gran Vía District

The Sol and Gran Vía districts are the city’s shopping neighborhoods.

Located in this central area, close to everything, you’ll find the kilometer zero marker and the starting point for many of the city’s tourist circuits, as well as those throughout Spain. Wondering where to stay in Madrid for sightseeing? Along with Malasaña and Chueca, they are among the best neighborhoods.

They are thus the prime areas for tourists and are constantly bustling and lively.

From local shops to big brand stores, there’s something for everyone, and shopping enthusiasts will be in heaven, especially on Gran Vía, the city’s emblematic street.

In the evening, it’s the place to go out to see a concert, a theater performance, or a typical show.

I recommend this neighborhood for staying in Madrid:

• If you’re looking for a lively neighborhood
• If you have a budget, as it is a more expensive area than the rest of the city (although prices remain affordable)
• If you are addicted to shopping
• As a starting point for a city tour or a trip around Spain

Don’t miss in the neighborhood:

• Plaza Mayor and Puerta del Sol, the city’s bustling hubs
• The famous Gran Vía, the main thoroughfare of the city where you’ll find most of Madrid’s large shopping brands
• Casino de Madrid
• The numerous statues: the statue of the bear and strawberry tree, the equestrian statue of Charles III of Spain, the Mariblanca statue
• The stunning façades (the Metropolis, the Carrión, or the Real Oratorio del Caballero de Gracia)

Here’s my selection of the best hotels in Madrid’s Sol and Gran Vía districts

Guestped – starting from €70

Guestped is situated 100 m from Gran Vía and a 2-minute walk from the metro station of the same name, 4 minutes from Puerta del Sol, and 15 minutes from the Royal Palace.

For the location and the quality of the rooms (clean, comfortable, with a city view), the price is really reasonable.

The welcome is exceptional, and you can get tourist advice at the reception. This is clearly the hotel with the best value for money if you’re searching for where to stay in the city center of Madrid without spending too much!

Be sure to book in advance, because at this price, the rooms sell out very fast and availability is limited.

VP Plaza Espana Design – from 200€

The VP Plaza España Design is located on Plaza de España in the vibrant Gran Vía district.

It offers 5-star accommodations, with beautiful and quiet rooms, most of which come with a terrace, as well as numerous luxury amenities such as an indoor pool, a wellness center, and parking.

The Botania restaurant serves Mediterranean cuisine and the Ginkgo Sky Bar offers drinks with a stunning view over the city.

The Plaza de España metro station is just a 1-minute walk away, and all the main tourist attractions are only a few hundred meters away (the Royal Palace, Almudena Cathedral, etc.).

If you want to treat yourselves and are looking for where to stay in Madrid as a couple, spend a night at the VP Plaza!

Le Casagrand Madrid – from 300€

Le Casagrand Madrid offers several luxury apartments.

They are spacious, modern and offer utmost comfort with a fully equipped kitchen featuring an oven, dishwasher, and microwave. The apartments range from 1 to 4 bedrooms and can therefore accommodate from 2 to 8 people.

They are located right in the center of Madrid, 500 m from Puerta de Alcalá and 900 m from Paseo del Prado. The area is great with plenty of restaurants.

A perfect choice if you want the freedom to explore Madrid at your own pace.

In Chueca District

Love partying and wondering where to stay during your trip to Madrid?

The Chueca district is Madrid’s party hub: always lively, day and night, it’s a hotspot for party-goers. It’s also known as the gay neighborhood.

Much like the Malasaña district, it was once considered an area to avoid, but has been rehabilitated, notably due to the numerous bars and clubs that make it the epicenter of Madrid’s nightlife.

Tourists from all over the world come to experience the “crazy nights of Chueca”.

The district is also attractive during daytime, with its numerous cutting-edge restaurants and shops, and its rich cultural and historical heritage.

For accommodations, you will find many apartments rather than hotels, which adds to the charm of the district and allows you to immerse yourself in the local life.

Why stay in Chueca district?

• To experience the crazy nights of Chueca
• To have unique culinary experiences

It’s also an excellent choice for a stay that allows you to easily explore Madrid on foot.

What to see and do in Chueca district:

• Madrid History Museum and its collection of baroque art
• The Museum of Romanticism, housed in an 18th-century palace and containing a magnificent collection of decorative artworks from Madrid’s romantic period
• Longoria Palace, a splendid modernist building, with its elegant iron and glass dome
• Casa de las Siete Chimeneas, seat of the Ministry of Culture

Where to stay in Chueca district, Madrid?

B&B Hotel Fuencarral 52 – from 77€

Set in a 19th-century building, the B&B Hotel Fuencarral 52 offers spacious rooms with elegant decor.

Featuring a rooftop terrace with city views, it’s ideal for a relaxing stay in the bustling Chueca district and recharging after wild nights out in the surrounding nightclubs.

The hotel is right opposite the Fuencarral market, a 10-minute walk from Puerta del Sol, and only 300 m from the Chueca metro station.

If you’re on a tight budget, it’s a great choice for staying in Chueca.

Room Mate Oscar – from 125€

The Room Mate Oscar hotel boasts an ideal location, between Gran Vía and Chueca.

The brightly colored decor immediately sets the tone: young, festive, and friendly, this hotel will make you feel right at home.

The hotel features a rooftop terrace with an indoor pool and city views, where you can have a drink or enjoy breakfast.

A 5-minute walk away is the Gran Vía metro, and 800 m away you’ll find Plaza Mayor and Puerta del Sol. It’s an excellent compromise to enjoy both the tourist attractions of Gran Vía-Sol and the nightlife of Chueca.

For its decoration and value for money, it’s one of my top favorites for staying in Madrid!

URSO Hotel & Spa – from 180€

A member of the Small Luxury Hotels of the World, the URSO Hotel & Spa is set in a restored palace, with an interior that’s elegant, design-focused, and upscale.

The rooms in this 5-star hotel are modern, well-equipped, and very quiet. Perfect for a restful night after a day roaming Madrid.

To unwind, you can also enjoy its Natura Bissé Spa. It’s quite renowned, with massages, a gym, and a water area.

And, on Saturday evenings, you can come to listen to jazz in the hotel’s lobby. It’s one of the best places to stay in Madrid.

Its location is ideal, a 5-minute walk from Alonso Martinez metro station.

In Literary Quarter

The Barrio de las Letras or Literary Quarter was once Madrid’s cultural epicenter: the former residence of numerous writers in the past (including Cervantes and Lope de Vega), it has retained its charm with its small alleyways and cobblestones, some engraved with famous poems (especially around Calle de las Huertas).

While today the neighborhood has lost its bohemian atmosphere to tourists, a visit remains a must-do during your stay in Madrid.

This quarter is perfect for:

• Culture enthusiasts, especially those interested in literature
• History buffs

It’s the ideal place to discover:

• Plaza Santa Anna and its statue of the writer Federico Garcia Lorca
• The Teatro Español, formerly Teatro del Príncipe, which enjoyed its golden age during the Spanish literature’s golden era
• The Teatro de la Cruz, which hosted masterpieces like Rossini’s opera The Barber of Seville

My Top Picks for the Best Hotels in Madrid’s Literary Quarter

Catalonia Puerta del Sol – From 95€

Located just a few minutes from Puerta del Sol and next to Plaza Santa Anna, this hotel is set in a stunning 18th-century building and offers elegant rooms with parquet floors and all the amenities for a pleasant stay.

The decor tastefully blends classic and modern elements.

The interior courtyard topped with a glass dome is perfect for relaxing, just like the very quiet rooms.

You’ll even enjoy a complimentary “tea time” with tapas every day around 5 PM!

DoubleTree by Hilton Madrid-Prado – From 190€

Situated 300 meters from Paseo del Prado and 400 meters from the museum of the same name, this hotel offers elegant, spacious, and modern rooms, some with balconies, as well as multiple facilities (gym, business center, Asian restaurant and more).

The staff is always available, attentive, and can guide you on things to do and restaurants to try during your vacation in Madrid.

The location is perfect for staying in the heart of Madrid!

Gran Hotel Inglés – From 274€

Housed in a 19th-century building and located 300 meters from Puerta del Sol and 600 meters from Madrid’s main museums, the hotel offers an excellent location for exploring Madrid on foot.

The rooms in this 5-star hotel are luxurious and decorated in an Art Deco style. They all feature a lounge area, and the beds are extremely comfortable, ensuring you a good night’s rest!

This luxury property also boasts a high-end Mediterranean restaurant, a cocktail bar, and a wellness center.

All the ingredients for a dream stay in Madrid.

I highly recommend it if you want to indulge in a quality establishment.

Where to Stay in Madrid on a Budget

Great news: overall, Madrid isn’t a very expensive city when it comes to accommodation. There are plenty of budget-friendly options, especially around Chueca where everything is within walking distance.

I have selected a few places that offer excellent value for money to stay in Madrid on a budget:

• Woohoo Hostal Madrid: This guesthouse offers dormitory beds or private rooms right in the heart of Madrid (60 meters from Gran Vía and 450 meters from Puerta del Sol), starting at only 11€. The common lounge and kitchen are handy for those looking to prepare meals on a tight budget! A bonus: the establishment organizes activities and excursions. A great choice for budget accommodation in central Madrid.
• Motion Chueca: Located in the heart of Chueca, just 250 meters from Gran Vía, this hostel is very clean, quiet, and comfortable for just 19€ a night, breakfast included. It’s the best accommodation deal for staying cheaply in Madrid.
• Safestay Madrid: Situated in the city center, 5 minutes from the lively Chueca district, this guesthouse is in a magnificent building and offers modern and airy rooms (dormitories with en suite bathrooms start at 20€).
• Ibis Budget Madrid Centro Las Ventas is a practical choice if you don’t want to stay in a hostel but have a limited budget. Located in Ciudad Lineal, close to Central Madrid and next to El Carmen metro station, it offers equipped and air-conditioned rooms for 39€. It’s one of the most affordable accommodations in Madrid.
• The apartment hotelAvenida De America Tijcal (in Salamanca district) is a good compromise if you want to be independent while enjoying hotel services, starting from 49€. If you’re traveling alone, the common lounge is a great place to meet other travelers!
• For those looking for apartment stays, Apartamentos El Capricho de Madrid are ideal, starting at 50€ and located in La Latina district. The apartments are well-equipped, stylish, and modern, with balconies for some.
• If you’re looking for a cheap hotel in a quiet location, the Senator Castellana is for you: Situated in the Tetuan district (Madrid’s financial center), close to transport, it offers well-equipped rooms and facilities like a swimming pool and private parking from 60€.
• Hotel Vía Castellana: This is one of the best choices if you’re seeking a high-end (4-star) but affordable hotel. Located in Chamartin district (Madrid’s business area), a bit out of the city center, it boasts an advantageous location near the train station, with trains to the city center in just 10 minutes.

Which is the Best Hotel in Madrid?

If you’re looking to stay in the best hotel in Madrid, I highly recommend Gran Meliá Palacio de los Duques, located in the historic Los Austrias district. It’s clearly the top luxury hotel in Madrid. Plus, you can enjoy a delicious meal at one of its three restaurants.

Where to Stay in Madrid: A Summary Table of the Best Hotels

To give you a better idea of where to stay in Madrid, whether in the city center or elsewhere, I’ve compiled a table summarizing all the hotels mentioned in this article. You can sort them by price or by district!

Hotel	District	Price
Oriente Palace Apartments	Los Austrias	89€
Duplex Unico en Opera-Palacio	Los Austrias	115€
Gran Melia Palacio de los Duques	Los Austrias	350€
ICON Casona 1900	Salamanca	160€
Heritage Madrid Hotel	Salamanca	270€
Hotel Villa Magna	Salamanca	440€
The Walt Madrid	Malasana	99€
Malasana Urban - Madflats Collection	Malasana	130€
Vipstaymadrid Malasana	Malasana	200€
Hotel Mediodia	Lavapiès	70€
Artrip Hotel	Lavapiès	115€
Tryp Madrid Atocha Hotel	Lavapiès	160€
L&H La Latina	La Latina	70€
Posada del Dragon Boutique Hotel	La Latina	150€
Apartamentos El Rastro	La Latina	200€
Claridge Madrid	Retiro	90€
Only YOU Hotel Atocha	Retiro	200€
Hotel Palacio del Retiro	Retiro	310€
Le Guestped	Gran Via	70€
VP Plaza Espana Design	Gran Via	200€
Le Casagrand Madrid	Gran Via	300€
B&B Hotel Fuencarral 52	Chueca	77€
Room Mate Oscar	Chueca	125€
URSO Hotel & SPA	Chueca	180€
Le Catalonia Puerta del Sol	Des Lettres	95€
DoubleTree by Hilton Madrid-Prado	Des Lettres	190€
Gran Hotel Inglès	Des Lettres	274€
Woohoo Hostal Madrid	Cheap Hotel	11€
Motion Chueca	Cheap Hotel	19€
Safestay Madrid	Cheap Hotel	20€
Ibis Budget Madrid Centro Las Ventas	Cheap Hotel	39€
Avenida de America Tijcal Madrid	Cheap Hotel	49€
Apartamentos El Capricho de Madrid	Cheap Hotel	50€
Senator Castellana	Cheap Hotel	60€

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