The Best Budget Hotels In Madrid

Madrid is a fantastic city, whether for a weekend break with friends or a longer stay exploring the city’s legendary history, art and nightlife. Best of all, your trip doesn’t have to be expensive. There are ample accommodation options that are easy on the wallet but don’t scrimp on location or comfort. Here are some of the best budget hotels in Madrid, Spain – bookable on Culture Trip.

1. Room Mate Alicia

Boutique Hotel, Budget Hotel

This cheap Madrid hotel, part of a chain in which each hotel matches a different kind of traveller personality, is located in the heart of Madrid, on the beautiful Plaza Santa Ana. It is in the Las Letras neighbourhood, Madrid’s literary quarter, home to some of the capital’s best restaurants and bars. The hotel’s 34 rooms and suites are modern and bright and include designer touches. The hotel’s incredible suites include a terrace with its own plunge pool.

2. Praktik Metropol

Budget Hotel, Boutique Hotel

A budget friendly hotel room in Madrid has modern design and a large bed

This stylish hotel right on Madrid’s bustling Gran Vía describes itself as having ‘vintage style with Scandinavian touches’. The decor is simple but hip and the rooms are comfortable. You can choose between interior rooms, facing onto a central courtyard, which tends to be quieter, or exterior rooms, which look out over Madrid.

3. Sleep’N Atocha

Budget Hotel

A twin room in a Madrid hotel has compact design and a shared headboard

This budget hotel in Madrid might be cheap, but it doesn’t scrimp on style. The Nordic-inspired rooms are light and airy and feature en-suite bathrooms, free wifi, TVs and bluetooth speakers. Downstairs, there is a bar and mini-market, where you can stock up on essentials. This is a great option for those who are looking for more privacy than you can get in a hostel, but a similar, friendly atmosphere.

5. Hotel One Shot Prado 23

Budget Hotel

Photography and art are the themes running through this design hotel, part of a hip Spanish chain with other locations in Valencia and Seville. Rooms are modern and stylish and come with all the expected comforts: TV, en-suite bathroom and free wifi. It is located in Barrio de Las Letras, Madrid’s literary quarter, which is full of quirky bars and restaurants.

6. Suites Viena

Budget Hotel

A budget friendly hotel room in Madrid has simple design and wall lights

Suites Viena offers serviced apartments in central Madrid, close to Plaza de España and Gran Via. They are ideal if you are looking for somewhere with kitchen facilities, as all rooms come complete with a kitchenette, as well as free wifi and a work area.

7. Hostal Oriente

Budget Hotel

A hotel room in Madrid has playful wallpaper design and a wooden bed

Hostal Oriente is more a pension or guesthouse than a hostel, which means rooms are private and come with a small bathroom. Located next to Madrid’s Opera House, the location is fantastic. Rooms are simple and clean and include free wifi.

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