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Unlike other Western European capitals, a visit to Madrid can be thoroughly enjoyed at different price points. There’s just no need to hit the Ritz and go into debt to have a good time, especially if you’re not looking to spend 24/7 in your hotel! On the other hand, there’s no need to share a room with ten backpackers, either.
If you’re the kind of traveler who simply wants a comfortable place to sleep without sacrificing your privacy or your next year’s salary, then you will be glad to know that Madrid’s budget-minded hotels are some of the best value in Western Europe.
In fact, you can find reasonably-priced hotels throughoutMadrid, including in some of the most central neighborhoods and sought-after areas, like nearMadrid’s Golden Triangle of Art, near the Puerta del Sol and near Gran Via.
Then while there are simply fewer lodging choices inMadrid’s more residential neighborhoods (the farther you get away from the Puerta del Sol), there are still some budget-priced hotels to be had there if you do prefer to be out of the center of the action and where many of the locals live.
Another thing to keep in mind is that while a few of Madrid’s bigger hotels may have some good deals, the most consistent bargains are to be found at Madrid’s smaller and typically more budget-minded hotels called hostales in Spanish.