Great location (Malasana) close to lots of nearby restaurants and lively areas. It is close to Metros stations that are pretty well connected. It is located on a quiet street that is not too busy, and the nights are calm. Also, the neighbors are not loud and are pretty friendly. It is definitely, a place to relax and get away from the craziness of the city. Even if you go out, there are places that are open until 4AM in a 7-minute walk radius, if you need a quick bite. After it has been fixed up, it will really be a nice place.