This elegant property served as the first American embassy in Madrid and years later was converted into a luxury hotel. That conversion in 2001 did retain some of the nicer features of this National Heritage building, including crown moldings, an anachronistic wooden elevator, and vast expanses of marble on the floors. In keeping with the late-19th-century origins, the rooms are furnished with antique reproductions in a vaguely Modernista style and feature rich carpets on the floors. Most double rooms can be fitted with an extra bed for children.