Top 5 Budget and Economic Accommodations in Madrid

1. 8ROOMS ***
The 8Rooms Hotel is a small, modest hotel right by Retiro Park. It is perfect those who would like to stay in a quiet neighbourhood.

CONTACT
Tel.: +34915513126
Address: Reina Cristina Promenade, 8, 28014, Madrid
http://8roomsmadrid.com

2. U HOSTELS **
This establishment is located in a 19th-century palace, making it a truly unique place to stay. As long as you do not mind sharing a room with other guests, you get to stay in one of the liveliest neighbourhoods of the capital.

CONTACT
Tel.: +34 914450300
Address: Sagasta, 22, 28004, Madrid
http://www.uhostels.com

3. LA PEPA CHIC
This B&B is tastefully decorated in a colourful, urban style. It’s only a short walk from places of interest including several museums, and plenty of restaurants.

CONTACT
Tel.: +34 648474742
Address: Plaza de las Cortes Square, 4
http://www.lapepa-bnb.com

4. LAS MUSAS HOSTEL
Las Musas Hostel in the La Latina neighbourhood caters mainly to young people. This hostel has common rooms where you can share your experiences with other travellers, as well as private and shared rooms available for rent.

CONTACT
Tel.: +34 915394984
Address: Jesús y María Street, 12, 28012, Madrid
http://www.lasmusashostel.com

5. MAIN STREET MADRID HOSTEL ***
This hostel’s décor and light, not to mention the many modern facilities, will make your stay a marvellous one. Visitors will be able to explore Madrid on foot from this central location.

CONTACT
Tel.: +34 915481878
Address: Gran Vía, 50, 28013, Madrid
http://www.mainstreetmadrid.com