THC Tirso Molina Hostel in Carabanchel

Set in the city center, this unassuming budget hotel is a 2-minute walk from the Tirso de Molina metro station, 15 minutes on foot from the Royal Palace of Madrid, and 9 minutes walking from shops and restaurants along Plaza Mayor.Bright, snug rooms feature free W-Fi and flat-screen TVs. Upgraded rooms add terraces or balconies. Suites offer living areas with sofas.Free walking tours of Madrid are available.