At the centrally located, seven-storey Paamonim Hotel, rooms are large and comfortably furnished with a small table and lounging chair, microwave and mini fridge. Ask for a balcony room – that's when the value really kicks in. The light-filled lobby is a pleasant place for a free (instant) coffee, and the breakfast buffet is large enough to make you want to skip lunch.
Two doors down at 6 King David St is a new annexe called Paamonim Studio, for anyone who doesn't mind climbing up to a tight loft space to sleep. The entrance is marked by a small sign, and the entrance way is unfinished. Check-in at the main hotel.