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In fact if you cross the street you can find the Madame Thussaud's museum and one block away from the hotel you can find Plaza de Colon.
The Aparthotel Recoletos is
a 5 floor building with 200 apartments fully equipped with all the comforts of the modern life. This is the perfect departure place if you are willing to visit Madrid without spending too much.
 
The multilingual and professional staff is willing to welcome you and help you with anything you might need such as restaurant reservations, car rentals, all kind of touristic information and so on. The hotel has also available luggage service, cafe bar, currency exchange and safe deposit box.