Set in a beautifully restored 19th-century Neoclassical palace — originally designed by Juan de Villanueva, architect of the Prado Museum and Plaza Mayor — NH Collection Madrid Palacio de Tepa occupies one of Madrid's most privileged addresses in the literary Barrio de las Letras. Puerta del Sol is just a 4-minute walk away, Plaza Mayor 600 metres, and the Prado, Reina Sofía and Thyssen-Bornemisza museums all within 1 km. The hotel retains stunning original architectural details, including visible remains of a 16th-century canal system on the ground floor, vaulted ceilings and balconied rooms overlooking the neighbourhood.

The 83 spacious, light-filled rooms feature hardwood floors, free Wi-Fi, flat-screen satellite TV, minibar, laptop-compatible safe and en-suite bathroom. The ground-floor restaurant Entre Letras offers Mediterranean cuisine, while Castizo serves classic Spanish tapas. Guests also enjoy a 24-hour gym on-site, 24-hour room service, concierge, valet parking and three meeting rooms. Access to the We/On – Palacio Santa Ana spa (located directly across the street) is available at preferential rates for hotel guests.