Albergue Juvenil Madrid

A great hostel, runned by the city of Madrid. It opened in 2007, so it's very modern and clean.
You've got rooms of 4 or 6 beds, all with a fantastic bathroom.
The facility also includes : internet room (free connection), dining room, living room (with a pool), exercise room (with stationary bicycles) and a laundry.
Some activies are sometimes organized at night (pub crawl...).
Location was central, closed to the Tribunal metro station.

Some people might think that the building is too big and somehow impersonal, but personaly I really liked it. Of the best hostel I've stayed at !

Rates :
Less than 25 years old 18.92 euros (room and breakfast).
25 years old 20,24 euros (room and breakfast).
More than 26 years old 24,75 euros (room and breakfast).