I just booked a luxe apartment for 2 friends staying in Madrid in July. It is right across the street from La basilica de San Fransisco el grande on C/ Bailen. It's on the 5th floor and looks right over onto the basilica. We found it on a luxury website BUT it's a 2 bed, 2 bath, sleeps 4 and everything is ultra modern and cool for only 134 euro a night! Way cheaper than a hotel! I'm thrilled because I know I will be crashing on the sofa while they are there. I'll have to explain to the suegra why I'm not coming home!