Built in 1966 and still going strong, the reasonably priced Ayre Gran Hotel Colón (tel. 91-573-59-00) is west of Retiro Park in a relatively safe area of Madrid that's easily connected to the center by subway. It's well maintained and kept up-to-date, offering well-designed bedrooms with comfortably traditional furnishings.
Ideally located in a popular tiny square close the Plaza Mayor the 19th century Hostal Persal (tel. 91-369-46-43) offers particularly good value, family-size rooms as well as fine on-the-spot meals.
If the prospect of a peaceful setting within easy reach of the center tickles your fancy then the Residencia El Viso (tel. 91-564-03-70) is the place for you. Comfortable rooms, friendly atmosphere, and a leafy patio where you can enjoy home-cooked meals are all part of the deal.
Note: This information was accurate when it was published, but can change without
notice. Please be sure to confirm all rates and details directly with the companies in question before
planning your trip.