The 6 Best Hotels on the Paseo del Prado, Madrid (2025)

With the Renia Sofia and El Guernika at one end and CentroCentro at the other, the Paseo del Prado is a great place to stay if you’re in Madrid to visit the museums. You'll also find the Thyssen-Bornemizsa, which is an incredible private art collection with work from the medieval period to the 21st century, the Prado Museum, which has a fantastic collection of Flemish and Spanish art, Spain’s Maritime Museum, a decorative arts museum, the Caixa Forum, which is a relatively new museum and art centre with lots on for families, and the Botanical gardens. The boulevard also features monuments, impressive fountains and landscaped grounds. Another draw is its proximity to a wealth of tapas bars, cafes and restaurants, and Gran Vía with its shopping and entertainment. With so much history around, many of the best hotels on the Paseo del Prado are set in grand historic buildings, however there is a good range of price options from high-end five-stars to budget-friendly B&Bs meaning there's something for everyone here.

For a historic stay

• The Mandarin Oriental Ritz is a luxury option right on the midpoint of the Paseo del Prado. It's a converted palace oozing classical elegance. Expect, antique furniture, embroidered sheets and marble bathrooms, plus superb service.

For a city break

• The Vincci Soho is an impressively modern four-star hotel in a historic building. Spacious rooms have sleek furnishings and mood lighting. There’s also a garden, terrace and a lively bar.
• Hotel Villa Real is just steps away from Madrid's Museum Golden Triangle. It's the ideal base for exploring the city on foot. The facade is traditional, as is the decor — think rich leathers and Roman mosaics — but the comforts are contemporary.

For great value

• One Shot Prado 23 is the place to book if you're looking for a stay that won't break the bank and is close to the museums. Rooms are modern and functional and prices are very reasonable
• Room Mate Alicia is a great choice if you’re looking for chic and central. They even have family rooms for those travelling with kids. 

Still not sure?

• Browse through our list of all the best places to stay in Madrid.
• Explore our Guru’s collection of the best spa hotels in Madrid, the Best Hotels on the Gran Vía or the Best Hotels on Madrid de Los Austrias.
• Alternatively, you could contact one of our friendly Gurus for personalised advice.