Cheap and good
I've spent one night in this hotel in August with a friend. The hotel is located in the very centre of Granada on the main square (but you enter from a little street). We had a room with a balcony on the square with a great view on the hill. The room was big enough and very clean, with a sink and towels. The bathroom was shared and very clean too.
The only problem can be the noise from the street if you have a room on the square, but you can ask to have one on the back, however you will not enjoy the view. In the room there was also a big fan that we didn´t have to use even if it was August, because there was plenty of air in the room. It´s a quiet hotel, so don´t go there if you want to make party.
But if you look for a place in the centre, close to all monuments and night life, clean and cheap, this is your place. Just in front, walking 5 minutes, there is the street where there are all the bars where the locals go for the free tapas (Remember, you ask for a drink you get also a sandwich included), and clubs.
At the reception they have been very nice providing all the informations we were asking and always on the mood to have a chat. You can buy there drinks and water from a machine. No breakfast.
Unique Quality: Great location close to all monuments and night life.