For a centrally located hostal in Madrid i don't think you could do much better than this one. I wasn't expecting much for the price (special offer in July 32€ for a single room) but I actually got a double room with a private bathroom on the 1st floor. It was air conditioned, well-maintained and spotlessly clean. Double glazing, persianas and thick curtains meant that a good night's sleep was had despite overlooking a busy street. Easy walking distance from Sol Metro station. Staff confirmed my booking by personal email as I requested as I don't trust booking websites! I will definitely use this hostal again!
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