In the middle of Chueca, live and crowded streets. Apartment is really nice and quite, equipped with everything needed. The bunk bed in one of the bed rooms is small - good for kids, fair for an adult.
We were there on the week of the Pride Parade in Madrid and the apartment is located in center of the actions, meaning that twice it was almost impossible to get home do to all the crowd, and every night the police close most of the streets to the neighborhood.