Beautiful plaza with restaurants nearby, nice to just hand out if you don’t want to eat. Typical Madrid
20 mn walking distance. Any place around is nice for an outdoor dinner. Café Central for Live Jazz concerts
Best terrazas in Madrid. A delight on summer nights
It is a nice place to sit, very popular at night due to the multiple bars and clubs in the area. The hotel has a rooftop bar which has good views.
Plazas are awesome and I don't know why we don't have more in the U.S. (but we should). Check out this plaza near Puerta del Sol for drinks or even dinner. It's one of the prettiest in Madrid and has great bars and restaurants in every direction. Another option for the evening is to make like the locals and wait for the beer vendors to come around carrying plastic bags and grab a beer for 1 euro then drink in packs down the side streets. The plaza is also a good spot to meet before heading down the bar filled street, calle huertas.
A really awsome place...with many attractions for young people and so much restaurant with typical spanish dishes! My hotel was in this place...