Hotel Madrid
By the Top3Hotels editorial team. Based on Booking.com guest scores and reviews, location data and reference prices. We did not stay at this hotel. Updated 2026-10-24.
Hotel Madrid is worth booking if you want a cheap, central base in La Paz and care more about location and friendly staff than about breakfast. At around €21 a night it was the lowest eligible price we found, and it sits a minute from Plaza Murillo.
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Sold out? See available alternatives →Who it suits and who should skip it
This is our Budget pick for La Paz. It suits independent travellers, couples and anyone who plans to spend the day out exploring the old centre on foot.
Guests like the staff, who help with luggage and try to accommodate early check-in requests. That is useful if you arrive on an early bus or flight.
Skip it if a generous breakfast is a priority or if you want the comfort level of a four- or five-star hotel. Our other two La Paz picks score higher with guests, and you pay more for that.
Location and getting around
The address is Indaburo 1157, between calles Junín and Bolívar, in downtown La Paz. Location is the strongest point here, rated 9.1 out of 10 by guests, who describe a safe area just steps from Plaza Murillo.
By straight-line estimate, Plaza Murillo is about 100 metres away, roughly a 1-minute walk. The Cathedral Basilica of Our Lady of Peace is about 200 metres, around 3 minutes, and the Basilica of San Francisco about 500 metres, around 6 minutes.
These walking times have not been verified on the ground, so check the route on a map before you set out.
What guests say
The hotel scores 8.3 out of 10 from 296 guest reviews. In our sample of 17 eligible properties, that put it joint 13th on review score, so it is not one of the highest rated places in town. It made the list on price and location.
On the plus side, guests single out the central, safe location and the friendly, attentive team.
The main complaint is breakfast. Guests describe it as simple, with limited variety and little protein, though it is served in a room with views. The hotel lists American and buffet breakfast.
Price and how it compares with our other La Paz picks
Reference prices seen for a 2-night stay in November 2026 (10 to 12 Nov), for 2 adults in one room, were about €21.38 per night, roughly €43 for both nights. The median in our sample was €77.73 per night, so this was 73% below. These are not live quotes. Check today's price for your dates.
For that you get a three-star hotel with a gym, a restaurant, air conditioning and free Wi-Fi.
Our Best Value pick, El Museo Hotel Boutique (4 stars, 9.1/10), was about €54.81 per night. Our Luxury pick, Met Hotel (5 stars, 9.5/10), was about €134.88. Hotel Madrid costs well under half of El Museo, which makes sense if you mainly need a clean, central bed.
Why it made our top 3
We compared 17 eligible hotels in La Paz. After setting aside the upscale choice, Hotel Madrid had the lowest eligible reference price, at €21.38 per night, with a solid 8.3 score and a 9.1 location rating. That combination earned it the Budget slot.
Before you book
Room size, noise, renovation condition, breakfast inclusion and cancellation terms have not been assessed. Check what your rate includes, especially breakfast, and read the cancellation rules.
If you plan to arrive early, ask the hotel in advance about early check-in. Guests say staff try to help, but it is not guaranteed.
Also confirm gym access and restaurant hours for your dates.
Check prices on Booking.com ↗We may earn a commission if you book. It never changes our pick.
Sold out? See available alternatives →Questions travellers ask
How far is Hotel Madrid from Plaza Murillo?
About 100 metres, roughly a 1-minute walk by straight-line estimate. The cathedral is about 3 minutes away and the Basilica of San Francisco about 6 minutes.
How much does Hotel Madrid La Paz cost?
Reference prices seen for a 2-night stay in November 2026 for 2 adults were about €21.38 per night. Check today's price for your dates, as it will change.
Is the breakfast good at Hotel Madrid?
It is the weakest point in guest feedback. Guests call it simple, with limited variety and protein, though the room has views. Whether it is included in your rate is not confirmed.
Can I check in early?
Guests say staff accommodate early check-in requests, but this depends on availability. Contact the hotel before you arrive.