I chose this hotel based on the good TripAdvisor rating, and can confirm it's a really great hotel. The location is a definite plus point - just off one of the main shopping streets, and there's lots of cafes and restaurants nearby. It's walking distance to all the major sights, eg. the Palacio Real is 10 minutes away, the Prado... More

Perfect location near Gran Via and Puerta del Sol. Quiet street in the city center. A lot of restaurants and shops near the hotel. Friendly staff. Nice rooms with free mini-bar and wi-fi. But there's no facilities for making tea/coffee. The only minus is breakfast!!! It's very poor but rathher expensive!!! If I come back I'll certainly stay here again. More

This is a nice functional hotel. The location is perfect, the rooms are huge and well appointed, quiet and comfortable. For some reason, I expected more personality owing to the great reviews on Trip Advisor but I think it was pretty business like. It's great value (105 euros for a single) so I can't fault it but I was surprised... More

Stayed four nights at this hotel in February. Nice location, nice staff and a lovely room. Even though it was on a busy street in the city centre it was still very quiet. Free wifi and feww mini bar were a nice little bonus too. More

I've stayed at Hotel Preciados twice and was pleased with my stay both times. The location is the perfect combination of being centrally located (2 minute walk to Puerta del Sol) but the rooms are still quiet. The front desk staff is very helpful, the room size is nice with a comfortable bed, the bathroom is well equipped with big... More

We had read the reviews on Trip Advisor before booking the hotel and we were not disappointed!! It is a very central hotel, where you can walk everywhere. The service was super and our room was lovely. A huge bathroom, very comfy beds, a free mini bar, dressing gowns and slippers.................great breakfast, excellent Reception staff.....I could go on! I would... More

Stayed 2 days there. Hotel placed beautifully – the old streets are around, nice Santa Ana square 2 min walk, Prado is 10 min walk. Rooms are big enough, spacious bathrooms. Friendly staff. Nothing to complain. More

This is the best hotel we stayed in in Spain out of 12 hotels...many 5 star. Why? Great location, excellent value (we stayed in some more expensive hotels that were far less quality). really helpfull staff, quiet, good beds, shower etc, free wi fi, the rooms were not boiling hot, great breakfast,...simple. I will definitly come back. More

As the other reviews indicate, the location is just ideal ... especially for a short visit to Madrid. We found the staff to be very welcoming to non-Spanish speaking Americans; there were absolutely no snags in our short 2-night visit. We took a Junior suite, which has about 5 large windows wrapping the corner of the building -- and we... More