When landing in a new country, you might need a more flexible accommodation for a few days at the beginning. The best option is to look for some hotels, hostels or B&B where you can continue extending your stay until you find your long-term accommodation.
The price of a three-star hotels starts from 65€ per night in the suburbs, and around 120€ per night in the city centre. However, prices for 5-star accommodation begin from approximately 350-400€ per night.
Bed & Breakfasts are priced similar to the hotels. The price of the room varies between 50€ and 90€ per night for a double room. Another alternative are apartment-hotels or short-term rentals that are comparatively about the same price (from 85-100€ a night) and offer more independence and the possibility to cook and save money on every meal.
Moreover, the following links will help you find your best accommodation in Madrid, from 5* hotels to shared rooms in vibrant hostels:
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