Hi, I see there are a lot of threads on places in the city so I hope it's o.k. for me to do a post unique to what I would look for. I love long walks in a city like Madrid, that is new to me. I would like to find a budget hotel with private bathroom in a downtown location of Madrid near the major tourist sites. One where if you book way out the price is at or under $100.00 per night including tax. It's o.k. if it's noisy. The main thing is that I would love to be near tourist sites and walking up to 30 minutes would not be an issue for me. Is there one you currently know of that is budget rate with a private bath that is a good deal? Second question is I think I read once that most tourist places and restaurants close during the month of August, is this correct? Thank you!