Location: Hostel Pereda
This property is very well situated, overlooking the famous Gran Via Street. Many main attractions are within a 10-20 minute stroll or short subway ride away.  

Description: Hostel Pereda
This is a family run hostel, overlooking the Gran Via in the heart of historic Madrid. It houses 32 clean and comfortable bedrooms, all of which are equipped with private bathrooms and central heating. In addition the hostel also has a bar and a pleasant dining room where breakfast is served daily. Visitors are offered access to the hostel 24 hours a day with no curfew imposed. Long term luggage storage is also provided and is free of charge.