Located few minutes of (uphill) walking to Principle Real, and seven minutes to Rato metro, the flat is not badly located at all. Expect to do some walking around though. Grocery shops and cafés are near and the area is quiet and nice.
The flat's double-windows block the traffic noise very effectively, and the flat itself is clean and suitable for a single or couple. The flat is not big so do not expect throw any bigger dinner parties there.