Iberostar Las Letras Gran Vía

Gran Vía 11, , Madrid, Madrid, 28013, Spain
Fodor's Choice

Why We Like It

Iberostar Las Letras’s prime location and affordable rates would be enough to sway most travelers, before you even consider the hotel’s state-of-the-art gym, secluded whirlpool baths, and rooftop bar. Whether traveling alone or with family, for business or for pleasure, this feel-good property is a dependable crowd pleaser.

Fodor's Expert Review

A cozy, reasonably priced hotel on the stately avenue of Gran Vía, Iberostar Las Letras is a welcoming oasis from the area’s constant hubbub of tourists and shoppers. Many of the rooms have street-facing balconies, and a few even boast private outdoor jacuzzis—a priceless perk for couples and honeymooners. To top things off, you can count on uncommon luxuries like a rooftop bar, 24-hour gym, and a destination-worthy restaurant.

Recommended Fodor’s Video


Literary quotes from the likes of Yeats, Frost, and Nietzsche grace the walls of the spacious rooms, all of which feature oak floors, high ceilings, and plentiful natural light.

Tip The hotel is pet-friendly and can provide bedding and feeding dishes for a small surcharge.


What the bathrooms may lack in charm, they make up for with bountiful bath products, full-size bathtubs, and complimentary robes and slippers (in every room category).


With its narrow entryway and lack of seating, the lobby is great for checking in and checking out—and that’s about it. Antique buffs, however, are sure to marvel at the early 20th-century wood-and-iron elevator.



The gym is anything but an afterthought at Iberostar Las Letras. Technogym treadmills (watch Netflix while you break a sweat), kettlebells, medicine balls, a bench press, and a sauna are available for use around the clock.


In a district where English-translated menus and chain tapas restaurants are ubiquitous, Al Trapo is a breath of fresh air. Don’t miss the “airbag” of ensaladilla rusa (tuna-rich potato salad) encased in souffléed crispbread, a standout appetizer.

You Should Know Eggs aren't served on the breakfast buffet tables, but rather prepared to order at no additional charge; ask a server for details.


Bocablo, the roof-deck bar on the 7th floor, offers tropical-inflected cocktails and ambiance. Be sure to get there early (or expect a wait): tables fill up fast.

What's Nearby

Getting Around

Gran Vía, the city’s main artery, is right out your front door, making travel a cinch. Nearby metro stations include Gran Vía (Lines 1 and 5) and Banco de España (Line 2).


Walk a couple blocks north of the hotel, and you’ll be in the heart of Chueca, an upscale neighborhood known for its winding streets, gay-friendly atmosphere, and charming restaurants. Whet your appetite with Canary Island delicacies at Siete Delicatessen inside Mercado de San Antón (5-minute walk), a renovated market whose top two floors are packed with tapas stalls. From there, head a block north to Atlántico, a shiny new Galician restaurant known for its pristine raw seafood, or get your funghi fix at the neighboring El Cisne Azúl, an old-school joint specializing in mushroom dishes.


Beer lovers unite at Fábrica Maravillas (7-minute walk), Madrid’s only brewpub located in the city center. Choose from a dozen draft beers that were brewed just steps from your barstool. If cocktails are more your speed, duck into La Bicicleta, a retro café one block up that transforms into a low-key, dimly lit bar by night.

Quick Facts


Phones: 91-523–7980