Looking for a budget-friendly base in Madrid? Hostal Alicante is a 2-star guest house that puts you a quick 0.2mi from the city center, so the pulse of the capital is always at your doorstep. With simple charm and wallet-friendly rates, this snug spot is perfect for travelers who want to explore without overspending.

Address: Arenal, 16 Dplo. With 2,447 reviews, this spot has plenty of traveler stories to share and a steady stream of feedback to guide the next visit.

Amenities include Wifi (free), Tour desk, Non-smoking rooms, Elevator, Bidet. Price starts from $42.

Travelers appreciate the straightforward charm that keeps Madrid adventures affordable. A tour desk helps map out day trips, while an elevator makes light work of moving between floors after long days of exploration.

Room options cover a range of needs, from Quadruple (Room - 4 Twin) with four twin beds to Triple Room and Standard Room (Double). There are also various Twin-based layouts such as Room - 2 Twin and Twin Room, Single Use, plus several Family options like Family, Pool View and Family, 4 Single.

With 2,447 reviews signaling steady satisfaction, the price tag starts from $42. Cash is accepted and major cards—American Express, Mastercard, Visa, and Maestro—are welcomed, making budgeting easy for a Madrid stay.