You don’t have to break the bank to enjoy the best experiences in Madrid. Unlike many other European cities, the cost of visiting Madrid is relatively manageable. The prices for rooms in hostels and hotels are also very reasonable and easy to find. Plus, with Mytour’s list of budget-friendly options, you're guaranteed a fantastic trip.

Madrid will not disappoint you
Mentioning Madrid brings to mind its vast museums and bustling squares always filled with locals and tourists. The city’s nightlife is equally captivating, as the 'city that never sleeps' dazzles with lights and lively night activities, creating a unique charm that few European cities can match.
Best times to visit and book accommodation in Madrid
Located in the South-Western part of Europe, near the Mediterranean Sea, Madrid experiences hotter weather compared to other parts of Europe.
During the summer months, particularly in July and August, Madrid experiences its peak heat. While it's hot, the dry heat is more tolerable compared to the humid heat in Vietnam. The lower humidity means the sun isn’t as intense, so the best time to visit Madrid is usually in April, May, or September, October for the most pleasant weather.
On the other hand, winter in Madrid can be quite chilly, with snow blanketing many of the city’s streets. Visiting Madrid during this season may not be the best choice for your travel plans.
To get to Madrid, your first stop will be the Madrid Barajas Airport, located 12km to the north of the city center.
From Vietnam, you need to depart from international airports like Noi Bai or Tan Son Nhat to catch direct or connecting flights to Madrid. Based on our travel experience, be prepared for a long journey, so make sure you're in good health for the flight. According to Mytour's ticket booking website, a one-way flight from Hanoi to Madrid costs about 573 USD. Meanwhile, a one-way flight from Ho Chi Minh City to Madrid is priced around 552 USD.
Note: The ticket price does not include fees and taxes, so for more details, feel free to contact 1900 2083 for consultation.
Madrid’s airport is vast, with four main terminals, with T1 and T4 being the largest, serving dozens of airlines daily. To get into the city center, you can choose from the Metro, a taxi, or the Shuttle bus.
Next, Mytour.vn will provide you with a list of affordable hotels in this area.
1. Hotel Liabeny - 4 stars
Address: Salud, 3, Madrid City Centre, 28013 Madrid, Spain
Room rates:
+ 82 USD for a basic single room
+ 94 USD for a single room
+ 126 USD for a Double Bed or 2 Single Beds room
Reviews:
+ Excellent location, close to major tourist attractions and incredibly quiet
+ Delicious breakfast
+ Wonderful, friendly staff
Location:
+ Hotel Liabeny offers traditional accommodations with close proximity to major landmarks such as Plaza Square, the Royal Palace, and the Temple of Debod.
+ A short walk will take you to the Prado Museum and the Thyssen-Bornemisza Museum.
+ The Gran Vía and Callao subway stations are just 200 meters away.
Offering classic services such as evening turndown service, special assistance, and hotel floor staff, this property is highly rated for these additional perks.

This is a room with single beds
As for amenities, the rooms at Hotel Liabeny feature flat-screen TVs, free Wi-Fi, and private bathrooms with complimentary toiletries. The hotel's Sensaciones restaurant serves traditional Spanish dishes, where guests can choose from an à la carte menu or a set menu. Additionally, there is a bar and a self-service restaurant with a separate lounge area that is also quite charming.
Additional amenities include meeting and conference facilities, perfect for those who need to host meetings with clients.
2. Gran Versalles - 4 stars
Address: Covarrubias, 4, Chamberí, 28010 Madrid, Spain
Room Rates:
+ 84 USD for a Double Room or Two Single Beds
+ 119 USD for a room with a Double Bed or Two Single Beds, including breakfast
+ 84 USD for a Single Room
Reviews:
+ The hotel is located in a quiet, safe area not far from the city center
+ Clean and comfortable rooms
+ A wide variety of breakfast options
Location: With subway and bus stations just three minutes on foot, you'll have easy access to popular attractions like Luchana Theatre, Bilbao Station, and Church of Santa Barbara...
Gran Hotel Versalles is a classic hotel, perfect for those who appreciate vintage charm. The air-conditioned rooms at Gran Hotel Versalles feature carpeted floors and come equipped with satellite TV and private bathrooms complete with hairdryers and essential toiletries.

Here, you'll find spaces that beautifully connect with nature.
The hotel's Café Luxemburgo serves tapas and drinks all day long. And of course, the surrounding bars and restaurants will make you want to stay there all day.
3. Hostal Abadia Madrid - 3 stars
Address: Luis Velez de Guevara, 2, Madrid City Centre, 28012 Madrid, Spain
Room Rates:
+ 88 USD for a single room - breakfast included
+ 103 USD for a twin room - breakfast included
+ 103 USD for a double room - breakfast included
Reviews:
+ The breakfast here is quite delicious
+ Beautiful view
+ Friendly staff and an easy check-in process
Location:
+ Located right next to Calle Atocha Street, just a 5-minute walk from Puerta del Sol square
+ Hostal is located within 1 km from the famous Thyssen-Bornemisza, Reina Sofia, and Prado Museums.
+ The Anton Martin Metro Station is just 200 meters away, while Atocha Train Station is a 10-minute walk from the property.
Hostal Abadia Madrid is ideally situated, offering easy access to Madrid's city center and popular tourist attractions, making it a favorite choice for many. The guesthouse features stylish rooms with free Wi-Fi access.
Hostal Abadia Madrid features modern décor with beautiful wooden floors. Each air-conditioned room comes with a flat-screen TV, heating system, and a private bathroom with full toiletries.
The Abadia offers a delightful buffet breakfast. Plus, you'll find a plethora of bars, cafés, and restaurants nearby, perfect for exploring the local cuisine.
4. Ganivet - 3 stars
Address: Toledo, 111, Madrid City Centre, 28005 Madrid, Spain
Room rates:
+ 89 USD for a double room or two single beds
+ 99 USD / for a room with 2 single beds or 1 double bed
Rating:
+ The rooms are clean and comfortable.
+ The breakfast options are delicious and diverse
+ The hotel's location is excellent
+ Everything here is absolutely wonderful
Location:
+ Just 150 meters from Puerta de Toledo Metro Station and only a 10-minute walk to Plaza Mayor
+ Ganivet Hotel is a 5-minute walk from El Rastro Market and 1 km from the Royal Palace
+ You can reach the city center from the airport in just 20 minutes

Ganivet - 3 stars is a great option when looking for a room in Madrid
This hotel offers air-conditioned rooms equipped with a laptop-sized safe and free Wi-Fi access.
The rooms at Ganivet are modern and comfortable. Each room is soundproofed and features a flat-screen satellite TV. The private bathrooms are equipped with a hairdryer and essential toiletries to meet your basic needs.
A buffet breakfast is served at the hotel, and guests can also request a packed lunch. Additionally, there is a bar and a snack bar. The hotel offers a 24-hour front desk and a tour desk. Private parking is available on-site for a reasonable extra charge.
5. Ilunion Pio XII - 4 stars
Address: Avenida de Pio XII, 77, Chamartín, 28016 Madrid, Spain
Room Rates:
+ 101 USD for a 3-person room (2 adults + 1 child)
+ 176 USD for a Superior Double Room or 2 Single Beds - Includes breakfast
Rating:
+ Excellent facilities
+ The rooms are extremely clean and well-organized
+ The staff is helpful, knowledgeable, and offers great insights and information.
+ This hotel offers excellent amenities with high standards.
Location:
+ Chamartin Train Station and Pio XII Metro Station are both within a 15-minute walk from the hotel.
+ Madrid-Barajas Airport is only a 15-minute drive away. Guests can also rent a car at the 24-hour front desk, and there's on-site underground parking available for a reasonable fee.

You will have no complaints staying at Ilunion Pio XII.
This uniquely designed hotel offers complimentary Wi-Fi, a selection of pillows for your preference, and free bottled water in the room, ensuring utmost safety and care. The modern, air-conditioned rooms at Ilunion Pio XII feature satellite TV and a private bathroom complete with a hairdryer.
We hope this list makes your trip more affordable and saves you time in booking your stay. Quickly grab a cheap flight to Madrid and get ready to enjoy your adventure!
T. Year, 04/08/2022 11:41 AM
