Very close to Puerta del Sol and next to the Plaza Canalejas.The Hostal CantÃ¡brico was founded in 1890. It is located in the centre of Madrid, near the Prado Museum and the Real Palace. The hostel has 125 rooms all with bath and TV. Hotels restaurant has a daily affordable menu based on typical home-made Spanish food. Address: Cruz 5, 28012 Madrid, Spain.