Hotels are rated with a star system from 1 to 5, so if you want something luxury, go for 5 stars. For a mid range hotel of 3 stars you'll pay around €75.00 and upwards per night for the room.
Hotels cost more than hostals, but you benefit from extra facilities like laundry services for example, and breakfast is included.
An apart-hotel is an option to consider if you want more privacy than a regular hotel, along with the benefit of additional services like wake-up calls, breakfast served in your room, reception and laundry service. In essence an you have your own apartment within a hotel building.
Aparthotels are also particularly well suited for families who want a bit of space where they can all be together. Business travellers also find aparthotels useful.
Aparthotels are rated with a key system. You should find that apart-hotels are slightly cheaper than hotels - if for example you make a comparison between a 3 star hotel and a 3 key apart-hotel.
An apartment is another form of self-catering accommodation. An apartment in the centre can cost anything from €75.00 per day. Weekly prices are from about €450.00 and upwards and for a month you'll pay about €1,295.
There are agencies that rent out apartments, and there are owners who offer rental directly. An apartment gives you the freedom to be independent and feel more at home, which is a bonus for families or groups.
Don't be confused between a hostel and a hostal. A hostel is a youth hostel, otherwise known as an Albergue Juvenile. Youth hostels have shared sleeping dormitories (usually same sex) and sometimes a couple of family or group rooms for rent as well.
They are one of the cheapest forms of accommodation, and on average a bed will cost you about €15.00 a night. They're a good place to meet other travellers and students, you'll also be able to gain loads of information about what's going on in the city from other residents.
To see more detailed information about youth hostels.
A hostal is similar in style to a hotel, because you pay for a bedroom and bathroom, but doesn't offer all the same facilities. Therefore it is cheaper than a hotel. You will be able to rent a room either with a bathroom to yourself, or a shared bathroom. There'll be a TV and towels and bedding provided. A hostal is more like a guesthouse really. Not many hostals offer breakfast.
Hostals are generally fitted out in a modern style and are pleasant and clean places to stay. Hostals have a friendly feel and usually have loads of tourist information leaflets available, so you can find out up to date information about the latest events.
It's difficult to know whereabouts in Madrid you want to stay if you've never been before.
One of the least noisy central locations is not far from the Paseo del Prado, which is a pleasant avenue where the Prado museum is.
If you simply have to be in the centre where all the action is, and you don't mind the hustle and bustle, then look around the area of Puerta del Sol square.
If you follow the links below to our other accommodation articles you can also read more about different areas of Madrid.
There are many types of accommodation in Madrid each catering for a different type of need. Hotels are good for couples or for business people. Apartments offer good value, and facilities for families, groups or anyone who wants to feel as though they are really experiencing the city, as opposed to being pampered. A hostal, which is rather like a guest house, offers good quality accommodation that is more competitive than a hotel and a youth hostel is suitable for backpackers or those on a tight budget. Choose correctly and you'll not only have a more enjoyable trip but it could also save you money.