The location is incredible, it’s right In The center of Madrid. If you are on a budget with a family this can be excellent for you. We are a family of 6 and made it happen. Beds for everyone and two bathrooms make it great. Most main tourist attractions and food iare well within walking distance. Kind of makes you feel like a local. We believe if the apartment had AC it would be a game changer, not that it’s necessary but if you are used to having AC it’s a little rough. The other is only having one key for us 6. This made it difficult if we split up. One suggestion is to talk to the local bar owner across the door of the building and see if he would mind holding the key. Maybe for a few bucks. Other than this I highly recommend it. Good times!