With an unbeatable location in the centre of Madrid on the Gran Vía just a 5-minute walk from Puerta del Sol, this affordable guesthouse offers free Wi-Fi across from the Plaza del Callao with its metro station.

Hostal Miami offers 11 rooms all with a private bathroom, TV, free Wi-Fi, tea- and coffee-making facilities, fans, heating, and a hairdryer. There are also more economical rooms with a shared bathroom, and some rooms offer spectacular city views from their balconies. There is 24-hour reception, free Wi-Fi in common areas, and a TV lounge.

Just 25 metres from the hotel is Callao metro station if you wish to visit attractions further afield, although you can get to many places on foot from the guesthouse which is just a 10-minute walk from the Royal Palace and the beautiful Plaza Mayor. Just stepping out of the guesthouse is one of the main thoroughfares of the city, the Gran Vía, and you can reach many nightlife spots from here on foot in the Chueca and Malasaña areas of the city.