I’m sorry if this isn’t the right forum to put this…I looked around and it seemed most appropriate here.
Anyway, when we first arrive in Madrid we will be staying at a hotel. This stay could be for awhile so we don’t want to pay an arm and a leg for a room.

Here in the States we have Extended Stays. Is there something like this there?

Thanks for you help!

I think you’re looking for short stay apartments. Check some of the ads on our apartments in spain page which are generally rented for days/weeks and a few months at a time. You can get some really nice places and they’ll be more affordable than a hotel.