This AirBnB is located in a great neighborhood that is close to the center of the city. My friends and I took advantage of this, and walked everywhere instead of utilizing the metro system.
Despite the slight language barrier, there were little to no communication problems with our host. In fact, our host was extremely accommodating. He allowed us to store our bags at his restaurant after checkout, allowing us to wander Madrid a little bit more before the flight.
Also, this place has a washer AND dryer which is a huge plus.