Fodor's Expert Review Hotel Preciados

In a 19th-century building on the quieter edge of one of Madrid's main shopping districts, Preciados is a charming midrange hotel ideal for travelers who value space and comfort. Though the rooms skew more modern than traditional, the purple backlighting and opaque glass make certain rooms feel dated. A number of (slightly more expensive) rooms have skylights and wrought-iron balconies.