All recommended hotels in Madrid: $100 - $200
14 cheap hotels in Madrid reviewed by EuroCheapo (See more hotels in Madrid by doing a CheapoSearch)
Address Calle del Carmen 4 (Puerta del Sol)
Rooms at the Hotel Europa boast beautiful furnishings, fresh fabrics, marble baths, and tons of amenities from sofas to satellite TVs.
No online booking
Address Maestro Victoria, 5 (Puerta del Sol)
This centrally situated, reliable hotel is a dream come true for risk-averse travelers ... You can get shuttle service to and from the airport, and it's located in a popular shopping area, just off the pedestrian-only Preciados.