Get a great deal at this budget guesthouse with free Wi-Fi on the vibrant Fuencarral shopping street in central Madrid.

The Hostal Rico has 11 simple yet comfortable rooms. The single has an in-room sink and access to a shared bathroom whereas the others have their own private bathrooms. All rooms have a TV, free Wi-Fi, fans and heating. Some of them have a small refrigerator and a balcony. This no-frills simple guesthouse is a clean and comfortable place to lay your head after a long day of sightseeing. There is a 24-hour reception desk, luggage storage and a TV lounge.

The central Gran Via is just a 4-minute walk from the guesthouse, and in 10 minutes you can reach the Puerta del Sol and the Plaza Mayor just beyond it. From here you can really take advantage of all that Madrid has to offer from its famous nightlife to its history, art and culture. The guesthouse is also close to museums like the Prado and Thyssen-Bornemisza and other attractions like the Royal Palace, Opera and National Theatre. The Chueca and Malasaña areas are great for exploring, where you can enjoy tapas, a coffee at an outdoor café or dance the night away at a club.