There's a bunch in the Canary Islands, with prices like that or below. Even one on Fuertaventura for 200 USD per night. I haven't been to them, so I can't say

There's a bunch in the Canary Islands, with prices like that or below. Even one on Fuertaventura for 200 USD per night. I haven't been to them, so I can't say whether they're up to the level one would expect, but they're listed as five star hotels.