Hotel Palacio
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.
Worth booking if you want a cheap, well-rated room in Ciudad Vieja and plan to spend your days out exploring. Skip it if a proper breakfast or extra facilities matter to you, because guests describe the morning offer as basic and the facility list is short.
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Sold out? See available alternatives →Who it suits and who should skip it
Budget travellers, solo visitors and couples who mostly need a clean place to sleep near the old town sights will get the most out of it. It holds 8.7 out of 10 from 2,178 reviews, a strong result for a two-star hotel.
Look elsewhere if you want a gym, a spa, a restaurant or room service. The listed facilities are free Wi-Fi, air conditioning and a terrace, and nothing more is confirmed.
Location and getting around
You will find it at Bartolomé Mitre 1364, in Ciudad Vieja. Location is its strongest point, with a guest score of 9.5.
Montevideo Metropolitan Cathedral and Plaza Independencia are both about 0.2 km away, around 3 minutes on foot. The Legislative Palace of Uruguay is about 2.2 km away, roughly 28 minutes, which is a long but doable walk.
These times are straight-line estimates and have not been checked, so real routes may take longer.
What guests say
Reviewers like the central setting in the old town, close to Plaza Independencia, museums and restaurants. They also praise a friendly, helpful team that gives attentive service and local tips.
Breakfast is the weak spot. Guests mention free coffee and pastries, but the selection is limited to basic items. Breakfast style is not confirmed in our data, so do not plan your mornings around it.
Price and what you get, compared with our other two picks
The reference price seen for a 2-night stay in November 2026, for 2 adults in one room, was €45.37 a night, about €90.74 in total. It is not a live quote, so check today's price for your dates.
That was 68% below the sample median of €141.34. Our Best Value pick, Hotel Alvear, came in at €66.31 with a score of 8.9. Our Luxury pick, Hotel Montevideo - Leading Hotels of the World, was €193.69 with a 9.2.
Paying about €21 more a night for Hotel Alvear gets you a slightly higher score and a three-star rating. Here you save that money and keep a location guests rate very highly.
Why it made our top 3
We compared 11 eligible properties in Montevideo. Once the upscale pick was set aside, this hotel had the lowest eligible reference price.
Its review score placed it joint sixth of 11. That is mid-table for quality, but at this price and with this location it is the clearest Budget choice in the sample.
Before you book
Room size, noise, renovation condition, breakfast inclusion and cancellation terms have not been assessed. Old town streets can be lively, so read recent reviews about noise if you sleep lightly.
Check whether the terrace is open in November and whether your rate includes the coffee and pastries.
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
Is Hotel Palacio close to Plaza Independencia?
Yes. It is about 0.2 km away, roughly 3 minutes on foot as a straight-line estimate.
Does Hotel Palacio include breakfast?
Guests mention free coffee and pastries, but the choice is basic. Inclusion is not confirmed, so check your rate.
How much does Hotel Palacio cost per night?
The reference price seen for a 2-night stay in November 2026 for 2 adults was €45.37 a night. Check today's price for your dates.
Does it have air conditioning?
Air conditioning is listed among the facilities, along with free Wi-Fi and a terrace.
Can I walk to the Legislative Palace?
It is about 2.2 km, roughly 28 minutes on foot. That is walkable if you are comfortable with a longer stroll.