The location is superb. It’s close to the train station, easily reachable from the airport, and right in the center of the touristy block. You can walk from there to any attraction in the east side of the city. Bars and restaurants are just at the door step.
My only problem was the noise, not from the street as the windows do close very well, but from the upper floor neighbors whom I could hear walking like they were walking in my own living room.