Best area of Madrid to stay in

[Nannyplumskingdom]

We're taking the kids to Madrid for 4 days in the Easter holidays and am trying to book somewhere to stay - does anyone have any suggestions on the best area to look for accommodation in?

Hi, I went with my friend a couple of years ago and we stayed here:
www.homeaway.co.uk/p408936?uni_id=1347836
It was very well situated. Apartment itself was compact, but well equipped and owner very pleasant.

I would say you should stay in the area around Plaza Santa Ana, Huertas, and las Letras. Sol and Gran Via are both noisy and busy. Within your budget you should be able to find a nice hotel within walking distance of just about everything you want to see and do. The All-Seasons El Prado and the Liabeny have been highly recommended here.