I've heard rumors that staying in old monasteries in the countryside rather than a nice hotel in the city can save you a lot of money. Is this true?
define "nice". you can stay at perfectly acceptable places in the center fairly cheap.*
Are there transportation issues with this strategy?
yes. obviously.
Do you know what I'm talking about?
not really. also, monks are pretty scary, imo.
* nothing is cheap in europe with the &@#%ing euro at 1.60.