Hostal La Bañezana is just 220 yards from Madrid’s famous Puerta del Sol Square. It offers a 24-hour front desk and rooms with flat-screen satellite TV and free Wi-Fi. The rooms at the La Bañezana feature tiled floors, central heating and a fan. Each one has a private bathroom, and some have a private balcony and attractive murals. You can walk to the Reina Sofía Museum and Atocha Train Station in 10 minutes. Full of bars and restaurants, the charming districts of Chueca and La Latina are also both a 10 minute walk away.