Budget. Just me, so only need a single. This will be early November. My focus in Madrid will be seeing the museums, so I’d like to be in that area: though will add on the Palace once I have soaked up enough Velasquez.
A female traveler, so I will be anxious if the neighborhood is iffy after dark. I know the train station is just south of there. In some cities (like Rome) the neighborhoods around the train station are sketchy. I’m a city dweller, but that neighborhood in Rome made me anxious. (My kids, who were teens then, still talk about it?!).
I will be arriving by train though, and taking at least one day trip to Toledo during my 3 day stay.