The apartment is at an unbeatable location, several minutes walk from Plaza Mayor, Mercado de San Miguel, La Latina area for restaurants, and walkable distance to the Palace, museum area, and the hip Malasaña and Chueca districts. As other reviews have mentioned, the apartment is on the top floor of the building with no elevator; this was not a problem for us at all, but worth noting if you are not fit or if you have a lot of luggage. Highly recommended and I would definitely stay here again.