The Castilla Hostel in Valletta, Malta is a great option for budget travelers. They offer dormitory-style rooms with shared bathrooms, starting at €16 per night. The hostel has a fully equipped kitchen, a common room with a TV, and free Wi-Fi. Their official website is http://www.hostelcastilla.com/.
As for things to see and do in the area, Valletta is a UNESCO World Heritage Site and has plenty of historical and cultural attractions to explore. The St. John's Co-Cathedral is a must-see, with its ornate Baroque interior and Caravaggio paintings. The Upper Barrakka Gardens offer stunning views of the harbor and the Three Cities. The National Museum of Archaeology and the Malta Experience are also popular attractions. The hostel is located in the heart of Valletta, so everything is within easy walking distance. Most attractions are open from 9am to 5pm, with some closing earlier on Sundays and public holidays.
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