Sleek minimalism at just the right value can be found in this former textile wholesaler's premises, now a 22-room boutique hotel, just a few blocks off Plaza Mayor and Plaza Santa Ana. Although it has no restaurant, bar, or gym, there is a common help-yourself area where you can grab breakfast and free juice, yogurt, and fruit throughout the day.
Serene (if slightly clinical) white rooms come in three sizes—standard, superior, and triple—and are decorated with colorful headboards, charcoal valances, and small open closets. Upgraded rooms add exterior-facing wrought-iron balconies.
YOU SHOULD KNOW Avoid the ground-floor room, 001, at all costs. Because it's appended to the lobby and not properly soundproofed, you'll be kept up at night by the hubbub of guests and noisy coffee grinder.
Clean, basic bathrooms come with walk-in showers, powerful hairdryers, standard amenities (towels, shampoo, body wash), and separate toilet cubicles.
This petit lobby, whose walls are adorned with sketches of Spanish dignitaries, is efficient and bright—even if it's not the coziest.
You'll love the 24-hour "help yourself" bar with coffee, snacks, and juices, an uncommon perk for a hotel at this price point.
The €6 continental breakfast—complete with cold cuts, fresh fruit, and assorted breads—is a no-brainer for those who like to get up and get out.
Most of Madrid's main attractions are right outside your door at Hotel Mayerling, but for adventures further afield, hop on the metro at Sol (Lines 1, 2, and 3) or Tirso de Molina (Line 1).
You're dangerously close to Madrid’s most fabled churro spot, San Ginés (7-minute walk), a 24-hour café where towering platters of crisp-fried doughnuts are served piping hot by white-clad waiters. Churros con chocolate are the perfect way to end a tapas crawl on and around Cava Baja, the city’s most archetypal—if slightly touristy—tapas street. Seek out stalwart old-school restaurants like Casa Lucio; Casa Lucas; and Botín, the oldest restaurant in the world founded in 1725.
A 9-minute walk from the hotel, La Coquette, Madrid’s premier blues bar, offers a terrific—and free—nightly show from Tuesdays to Thursdays in an arcaded brick cellar. Although the venue’s size might be likened to a sardine can, the upside is that every seat is front-row. It’s always a thrill to watch the talented musicians jam out right in front of you. When the show winds down, keep the night going at El Amante, a discoteca around the corner frequented by Spanish celebrities.
WHY WE LIKE IT
Inviting, central, and (under-€100-a-night) affordable, Hotel Mayerling offers one of the city's best values in accommodations. Though you won't be in the lap of luxury here, the modern, well-appointed rooms are perfectly comfortable for travelers who plan on spending most of their time out and about. The 24-hour snack bar, well-priced breakfasts, and faultless soundproofing make this hotel one of our top picks in the budget category.