BEAUTIFULLY situated literally 500ft to Old Town center. The wifi is a little slow and can cut out on occasion, but really you shouldn't be in the apartment for too long if you're in Prague. The one caveat SOME might have is the 3 winding flights of stairs to go up and down to get to your apartment. For larger guys (like myself), it could get me a bit winded. But if that's not a problem, you're hard pressed to find a better deal this close to Old Town Square!