Europe / Spain / Madrid / Best Hotels

Central Palace Madrid

If you’re aiming to do royal Madrid on a budget, this charming guesthouse directly opposite the palace is a great choice. Exclusively located in an old building on the crescent of Plaza de Oriente, it offers accommodation in a style that would make the Bourbons feel at home. You’ll find a little complimentary bottle of cava in the fridge. Rooms have been recently renovated to a high standard, with gilt-accented faux antique furniture, flocked wallpaper, and a hint of irony. Everything is light and airy, and the bathrooms are reassuringly 21st-century. If you can get one, it’s worth the extra outlay for a room with views of the royal palace and the mountains beyond. Breakfast is served downstairs at the elegant Café de Oriente, a bargain at 10€.