The location is fantastic. The building is beautiful and situated right on Plaza de la Merced, so you can literally walk out the front door and sit down to dinner. The apartment is spacious and nice. It felt clean and airy and the tall ceilings and huge windows were beautiful. The beds were reasonably comfortable, but the place can be noisy. The outside noise subsides at a reasonable time but if you're a light sleeper (and sometimes even if you're not), your neighbors will wake you up when they get home in the wee hours.