With free Wi-Fi and a/c, this 2-star guest house in central Madrid enjoys a spectacular location overlooking the famous Gran Vía, the city's top shopping and entertainment street, and just a 10-minute walk from the Royal Palace.

The Hostal Gran Via 44 has 8 simple and stylish guest rooms, each with an en suite bathroom (complete with hairdryer), air conditioning, a flat-screen TV, and free Wi-Fi service. A superior double, which is more spacious and enjoys fantastic city views, is also available. The guest house offers plenty of services, including a 24-hour reception desk, a luggage-storage office, and private parking (for an extra charge).

The guest house is situated right in the heart of Madrid, just a stone's throw from the buzzing nightlife and trendy shops of Malasaña, as well as the historic charms of the Plaza Mayor. The Prado is about a 15-minute walk away, and excellent public transport links are found right on the doorstep.