Madrid's attractions are dotted throughout the city and wherever you choose to stay you will be within walking distance of some prime tourist sites.
However the plum location in terms of proximity to attractions is around the Paseo del Prado, situated in the east of the city centre. This prestigious boulevard is home to some of Madrid's best 5-star hotels, and is just moments from one of Europe's most celebrated art museums, the Prado, as well as the vast and tranquil Retiro Park. At the top end of the Paseo del Prado is the Banco De Espana metro station while at the bottom end is Atocha station.
Situated west of Paseo del Prado is the Huertas district, which is known as the literary centre of Madrid, thanks to the many famous writers who have lived or spent time there. In recent years it has become a nightlife mecca for tourists and locals alike, who enjoy bar-hopping along Calle de las Huertas and Plaza Santa Ana. This area is served by Anton Martin metro station.
Closer to the heart of the city centre is the area around Gran Via, one of Madrid's main thoroughfares, which boasts a fine choice of hotels catering for all budgets. The Gran Via is known as Madrid's answer to Broadway owing to the numerous theatres sprinkled along it, as well as several restaurants, bars, cinemas and shops. This area is well served by metro stations, including Gran Via and Callao.
For a more quaint but equally vibrant nightlife, you may want to consider staying around the Chueca neighbourhood, north east of Gran Via. This area is full of small sidestreets teeming with tapas bars and nightclubs, and is the focal point of Madrid's gay community. Chueca metro station is located in the heart of the neighbourhood.
Soccer fans may want to consider venturing away from the city centre entirely and heading north to the neighbourhoods of Cuzco or Infants Mercedes. It is here that you will find the iconic Bernabeu Stadium, home to Real Madrid Football Club. This area is served by Santiago Bernanbeu metro station.
Those with a late arrival or an early getaway may want to consider staying in a hotel near the city's Barajas Airport. Conveniently, the airport has its own metro stations, one of which serves Terminals 1, 2 and 3 and the other Terminal 4, making trips in and out of the city centre quick and efficient.