The apartment is located in the heart of the old town. It can be a positive and negative thing at the same time. You can reach every key point in the old town by walk but I can imagine it can be very noisy at night when the festival season kicks in (but it's mentioned in the descrioption as well). The apartment is located in a pretty old building so you can hear the noises of the neighbors, so if you're a bad sleeper maybe it's not the best place to stay for longer period. If you would like to feel the vibe of the old town than it's a great place to stay.