Find your hostel in Gran Vía: cheap accommodation in central Madrid, Spain

There is an increasing tendency for tourists to choose Gran Vía as their place to stay when they visit the Spanish capital city. Without a doubt, the proximity of landmarks such as Puerta del Sol, Plaza Mayor, the Royal Palace, the Prado Museum and El Retiro Park is one of its biggest perks, not to mention that the best restaurants, traditional churrerías, cinemas, theatre venues and shops are concentrated in this area.

When it comes to travelling on a budget, though, there are many other factors to be taken into account: it is only 13 kilometres away from Adolfo Suárez – Madrid Barajas airport and it boasts the widest array of cheap hotels in Madrid which can perfectly meet any traveller’s needs and expectations.

Aside from being cosy and conveniently located, most of these guest houses and hostels in Spain overlook the vibrant life at Gran Vía, enhancing your stay with beautiful views. Below are some of our suggestions.

Regio Hostel in Madrid, Spain

“Hostal Regio” is a 2-star establishment surrounded by metro and bus stations, and within walking distance to Puerta del Sol. It provides airport transfer service for an additional cost, and gives you the chance to experience the most purely cultural and social side of this town. Just around the corner, the second largest Primark store in Europe awaits you, along with other brands like H&M and Zara. “Chocolatería San Ginés”, where you can try the best “churros con chocolate” in Madrid stays open 24 hours a day.

The rooms in Regio Hostel can accommodate up to four guests and have a balcony, air conditioning, TV, complimentary WiFi and safety deposit box. The staff will kindly assist you with any tourist information you may need, and snacks can be purchased from their vending machines at any time of the day or night.

Hostal San Martín near Callao underground station

This budget accommodation in Madrid is located 50 metres away from the popular Callao square and provides guests with comfortable rooms with WiFi, featuring individual, double or twin beds, with the possibility of adding an extra one for higher occupancy. Most are equipped with a private bathroom, otherwise you can share one with other guests for an even lower nightly rate.

This hostel offers extra services like left-luggage and payment parking, and ensures you step out to Gran Vía every single time you go out. From this point, commuting to and from Madrid airport by either bus or taxi is fast and inexpensive.

Three-star hostel in Gran Vía: Hostal Josefina

Choosing the “Josefina” guest house guarantees that you will sleep a stroll away from El Prado and other must-see art galleries in Madrid, the Plaza Mayor, the Royal Palace and many typical Spanish tapas restaurants and bars. Their rooms can accommodate up to four people and include an ensuite bathroom with shower. Safes are available for customers, and the staff on site will help you with bike rental and parking options. Check availability and rates for your stay at the Josefina hostel in Madrid.

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