El Patio is a small hostal in Miraflores with a very nice staff. The desk staff speaks English. It's located in a safe neighborhood. Their website claims they're located a "5 minute walk from the ocean." I'd say "5 minutes" if you're running. Nevertheless, it's located a few blocks from Kennedy Parque, Pizza Alley, an artesania market, a supermarket, McDonalds, Burger King, KFC, Pizza Hut, etc. There's a drop-off laundry located next door to El Patio.
El Patio has several different types of rooms: singles, doubles, single mini-suites, double mini-suites, and full suites. The cheapest rooms are the singles which are US$25 (check their website for the current room rates). If you make a reservation, inquire about a cash (US$ only) discount. They will reduce the daily rate by US$5 if you pay in cash. I stayed one-week and they offered to discount the rate by another 10% if I paid in advance. You do need to ask for the discount when you make your reservation.
For the price, the amenities, and the location, the Hostal El Patio can't be beat.
Unique Qualities: The hostal has three floors counting the ground floor. There is no elevator so if you can't climb stairs, ask for a ground floor room.
The hostal offers free breakfast in the morning which consist of coffee, tea, orange juice, and bread rolls. Breakfast is served on the second floor.
The rooms have free filtered water, a telephone, and cable TV. I've stayed in the mini-suite which has a small refridgerator, a hot plate, flatware, pans, and dishware. This is a good option if you don't want to eat out at a restaurant.
The only thing that I would suggest bringing is a book light if you like to read in bed. The bed lamp isn't bright enough for reading.
If you need transportation to and from the airport, the hostal can arrange for a car. I strongly recommend using this service. In Sept 2004, the hostal's airport car service was only US$13. If you hire a taxi at the airport, they'll want US$15 to US$20.
Since there aren't very many rooms, you do need to reserve a room as early as possible.
Because there are so few rooms at El Patio, tour groups don't stay here. Instead, this place is popular with independent travelers. When I was there, most of the guests were travelers enroute to or from Cusco and places beyond.
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Theme: Hostel
Comparison: least expensive
Prices: US$20-40
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Phone: 0051-1-4442107 / 444-4884
Address: DIEZ CANSECO 341 MIRAFLORES - LIMA
Website: http://www.andix.com/hostalelpatio/