The 7 Best Luxury Hotels in Madrid: Where Glamour Sleeps (Near Chueca)

Madrid is currently experiencing a Golden Age in the hospitality sector. It is no longer just a stopover city; it has become a premier destination for high-end luxury. But let’s be honest: if you are coming to enjoy the lifestyle, the shopping in Salesas, and the vibrant nightlife of Chueca, you don’t want to sleep far from the action.

We have selected the crème de la crème. These are hotels where design, VIP service, and strategic location meet. From historic palaces to the coolest boutique spots right in the heart of the neighborhood.

Here is our definitive selection of the best luxury hotels in Madrid for an unforgettable stay.

1. Only YOU Boutique Hotel Madrid: The Heart of Chueca

📍 Location: Calle Barquillo, 21 (Chueca)

If you are looking for luxury without the stiffness of classic hotels, this is your place. Housed in a 19th-century palace on Calle Barquillo, the Only YOU has redefined what it means to be a luxury hotel in the neighborhood.

The decor is eclectic, vibrant, and incredibly “Instagrammable.” It is a favorite meeting point for both international tourists and the coolest locals who come for their brunch or to sip cocktails in the lounge.

• The Vibe: You are literally in the center of Chueca, but inside, it is a soundproof oasis of calm.
• Best for: Travelers who want to dine out and dance without needing a taxi to get back to bed.

2. The Principal Madrid: The Best Terrace on Gran Vía

📍 Location: Calle Marqués de Valdeiglesias, 1 (Gran Vía / Entrance to Chueca)

This is the first 5-star hotel located on the legendary Gran Vía. Its location is strategic: cross the street and you are in Chueca; walk two minutes and you are at the Bank of Spain.

What makes The Principal unique is its discretion (accessed via an elegant side entrance) and, above all, La Terraza, which offers one of the most iconic views of the Metrópolis building and Madrid’s sunsets. It offers modern luxury, sophistication, and a touch of New York flair.

• The Highlight: Their “Ático” restaurant and cocktail bar with 360º views.
• Best for: Couples looking for a romantic and sophisticated getaway.

3. URSO Hotel & Spa: The Quiet Luxury

📍 Location: Calle Mejía Lequerica, 8 (Salesas/Justicia District)

Located on the border between Chueca and Chamberí, in the trendy Salesas area, URSO is the definition of effortless elegance. The building is an ancient papermill palace transformed into a temple of light and marble.

You don’t come here to see and be seen; you come here to disappear from the world. Its Spa (by the Natura Bissé brand) is arguably the most intimate and exclusive in central Madrid.

• The Highlight: Their breakfast in the conservatory and the wood-and-water spa.
• Best for: Totally disconnecting after a night out or a long day of shopping.

4. Four Seasons Madrid: The New King of the City

📍 Location: Centro Canalejas (10 min walk from Chueca)

We couldn’t make this list without mentioning the giant that has changed the game. The Four Seasons is not just a hotel; it is a destination in itself. Located in the Centro Canalejas, it represents Asian luxury fused with Madrid’s history.

Immense rooms, a lobby that leaves you breathless, and the Galería Canalejas right below for shopping at Hermès or Cartier without stepping onto the street. It is the most expensive hotel on the list, and it shows in every detail.

• The Highlight: The rooftop terrace with Dani García’s restaurant and the stunning indoor pool.
• Best for: Those seeking a world-class “Top Tier” experience, regardless of the budget.

5. Santo Mauro, a Luxury Collection Hotel: The Celebrity Palace

📍 Location: Calle Zurbano (Chamberí)

If the Four Seasons is the new king, the Santo Mauro is the old aristocracy. Located in the former palace of the Duke of Santo Mauro, staying here feels like being invited to the private home of a French noble.

It is famous for being the preferred hotel for Hollywood stars when they visit Madrid (from the Beckhams to A-list actors), thanks to its privacy and its private gardens, a rare gem in the city center.

• The Highlight: The private gardens for enjoying a drink away from prying eyes.
• Best for: Lovers of history, architecture, and absolute privacy.

Check Availability & Rates

💡 Pride Chueca Tip

If you are visiting for a special date like MADO (Madrid Pride), these hotels usually hang the “sold out” sign months in advance. Our recommendation is to book with free cancellation as soon as possible to secure your spot in Madrid’s Olympus.

Looking for something else? Try our search engine to find the best real-time deals:

[INSERT HERE YOUR TRIPADVISOR/BOOKING SCRIPT]Madrid is currently experiencing a Golden Age in the hospitality sector. It is no longer just a stopover city; it has become a premier destination for high-end luxury. But let’s be honest: if you are coming to enjoy the lifestyle, the shopping in Salesas, and the vibrant nightlife of Chueca, you don’t want to sleep far from the action.

We have selected the crème de la crème. These are hotels where design, VIP service, and strategic location meet. From historic palaces to the coolest boutique spots right in the heart of the neighborhood.

Here is our definitive selection of the best luxury hotels in Madrid for an unforgettable stay.

1. Only YOU Boutique Hotel Madrid: The Heart of Chueca

📍 Location: Calle Barquillo, 21 (Chueca)

If you are looking for luxury without the stiffness of classic hotels, this is your place. Housed in a 19th-century palace on Calle Barquillo, the Only YOU has redefined what it means to be a luxury hotel in the neighborhood.

The decor is eclectic, vibrant, and incredibly “Instagrammable.” It is a favorite meeting point for both international tourists and the coolest locals who come for their brunch or to sip cocktails in the lounge.

• The Vibe: You are literally in the center of Chueca, but inside, it is a soundproof oasis of calm.
• Best for: Travelers who want to dine out and dance without needing a taxi to get back to bed.

2. The Principal Madrid: The Best Terrace on Gran Vía

📍 Location: Calle Marqués de Valdeiglesias, 1 (Gran Vía / Entrance to Chueca)

This is the first 5-star hotel located on the legendary Gran Vía. Its location is strategic: cross the street and you are in Chueca; walk two minutes and you are at the Bank of Spain.

What makes The Principal unique is its discretion (accessed via an elegant side entrance) and, above all, La Terraza, which offers one of the most iconic views of the Metrópolis building and Madrid’s sunsets. It offers modern luxury, sophistication, and a touch of New York flair.

• The Highlight: Their “Ático” restaurant and cocktail bar with 360º views.
• Best for: Couples looking for a romantic and sophisticated getaway.

3. URSO Hotel & Spa: The Quiet Luxury

📍 Location: Calle Mejía Lequerica, 8 (Salesas/Justicia District)

Located on the border between Chueca and Chamberí, in the trendy Salesas area, URSO is the definition of effortless elegance. The building is an ancient papermill palace transformed into a temple of light and marble.

You don’t come here to see and be seen; you come here to disappear from the world. Its Spa (by the Natura Bissé brand) is arguably the most intimate and exclusive in central Madrid.

• The Highlight: Their breakfast in the conservatory and the wood-and-water spa.
• Best for: Totally disconnecting after a night out or a long day of shopping.

4. Four Seasons Madrid: The New King of the City

📍 Location: Centro Canalejas (10 min walk from Chueca)

We couldn’t make this list without mentioning the giant that has changed the game. The Four Seasons is not just a hotel; it is a destination in itself. Located in the Centro Canalejas, it represents Asian luxury fused with Madrid’s history.

Immense rooms, a lobby that leaves you breathless, and the Galería Canalejas right below for shopping at Hermès or Cartier without stepping onto the street. It is the most expensive hotel on the list, and it shows in every detail.

• The Highlight: The rooftop terrace with Dani García’s restaurant and the stunning indoor pool.
• Best for: Those seeking a world-class “Top Tier” experience, regardless of the budget.

5. Santo Mauro, a Luxury Collection Hotel: The Celebrity Palace

📍 Location: Calle Zurbano (Chamberí)

If the Four Seasons is the new king, the Santo Mauro is the old aristocracy. Located in the former palace of the Duke of Santo Mauro, staying here feels like being invited to the private home of a French noble.

It is famous for being the preferred hotel for Hollywood stars when they visit Madrid (from the Beckhams to A-list actors), thanks to its privacy and its private gardens, a rare gem in the city center.

• The Highlight: The private gardens for enjoying a drink away from prying eyes.
• Best for: Lovers of history, architecture, and absolute privacy.

💡 Pride Chueca Tip

If you are visiting for a special date like MADO (Madrid Pride), these hotels usually hang the “sold out” sign months in advance. Our recommendation is to book with free cancellation as soon as possible to secure your spot in Madrid’s Olympus.

Looking for something else? Try our search engine to find the best real-time deals: