Boasting a marvellously central position just a minutes walk from Madrids main plaza, this hostel has both shared and individual rooms. Surf the wireless for free. Housed in a building typical of the historic centre and with simple but modern interiors, the Abaaly is a value hotel with style and a superb location. Rooms can have smart, parquet floors and attractive, shuttered windows with small balconies. The 24-hour reception can help you with tourist information and you can store your luggage while you are out exploring Spain's capital. Reach nearly everywhere on foot from the Abaaly and find many authentic tapas bars in the area.