This 2-star guesthouse offers free Wi-Fi and bright modern rooms at a great price in a fantastic location in the centre of Madrid, just a few minutes’ walk from the Gran Vía, the biggest shopping and entertainment street in the Spanish capital.

There are 35 spacious, stylish rooms, all with modern furnishings, private bathrooms, a TV, air conditioning, and free Wi-Fi. Computer terminals are available for guests' use, and other services include 24-hour reception, vending machines, a lift, TV lounge, and left-luggage office.

The Hostal Ballesta is just a 15-25 minute walk from some of Madrid’s top sights, from the enormous Royal Palace, to the trio of extraordinary museums (the Prado, Reina Sofía and Thyssen-Bornemsiza) along the Paseo del Arte. It’s also ideally placed if you want to hang out in the fashionable bar and cafés of Chueca and Malasaña or go on a tapas tour in the traditional La Latina neighbourhood. For attractions further afield, the Gran Vía and Callao metro stations are within 5 minutes away on foot.