Estancia Mar Dulce (Calle la Calzada, 3.5 blocks east of park, tel. 505/2552-3732, granadamardulce [at] hotmail [dot] com, www.hotelmardulcenicaragua.com, $30 with fan, $40 with a/c, cable TV, breakfast) is locally owned, clean, and professional, and has large, pleasant rooms and a spacious interior courtyard with a landscaped swimming pool.

Casa Silas Bed and Breakfast (206 Calle La Concepción, 1.5 blocks west of El Mercado, tel. 505/8358-5852, casasilas [at] gmail [dot] com, www.casasilas.com, $45) is an unassuming but comfortable option near the market, with a couple of nicely equipped queen-size bed rooms, small pool, Wi-Fi, air-conditioning, skylights, and great coffee. Very knowledgeable hosts can help you make the best of your time in Granada.

Hotel Kekoldi (3.5 blocks west of the park on Calle El Consulado, tel. 506/2248-0804, U.S. tel. 786/221-9011, reservations [at] kekoldi [dot] com, www.kekoldi.com, $39) is spacious and colorful with well-planned architecture and plenty of open areas.

Hotel La Pérgola (three blocks east of the park on Calle El Caimito, tel. 505/2552-4221, lapergolanic [at] yahoo [dot] com, www.lapergola.com.ni, $44) has 11 rooms with private bath, TV, air-conditioning, and access to a gorgeous open balcony (for which the hotel is named), plus tour service, Wi-Fi, and parking.

El Club (three blocks west of the northwest corner of the park, tel. 505/2552-4245, www.elclub-nicaragua.com, $45–65 high season, $20–50 low season) has a modern look with cozy, small windowless rooms and the city’s longest bar.

Hotel Casa San Martín (Calle La Calzada, one block east of the plaza, tel. 505/2552-6185, reservaciones [at] hcasasanmartin [dot] com, www.hcasasanmartin.com, $45–60) has eight rooms, all with gorgeous hardwood floors.