New management and a top-to-bottom renovation have given fresh vigor to this bargain hotel adjacent to the Cine Ideal and the Teatro Nuevo Apolo. Decor tends toward the gentleman’s club boutique look with white linens, dark wooden headboards, and brushed stainless steel trim. Masterful photography of Madrid architectural details may inspire some of your own shots. The rooftop terrace is small but fitted with a few lounge chairs, teak strip decking, and an outdoor shower to cool off and wash off the tanning lotion. It’s very popular with Scandinavian tourists. Guests are encouraged to bring their own wine to the roof for spectacular sunsets over La Latina. Part of what makes Cortezo so welcoming is its ready-to-please staff.