The Hotel Preciados is located in the heart of Madrid, a 5 minute walk from the Puerta del Sol. It offers modern services, including free Wi-Fi access and free minibar in rooms. The hotel is housed in a restored 19th-century building. One floor is completely non-smoking. It also offers well-equipped meeting rooms, a restaurant and a cocktail lounge. Bedrooms at the Preciados are tastefully decorated, and most have a balcony. There is also satellite TV and a pillow menu. The hotel is a 5-minute walk from the Plaza Mayor and the Royal Palace. It also has easy access to public transportation, with 2 metro stations within 80 yards.