Location was excellent for us for experiencing Madrid. Very near a couple of subway stops and actually it is walk-able from the apartment (like 20 minutes) to some of the major points of interest in the city - still best to use public transport (fast, clean and very easy to use) I think, though. Pedro has set up the apartment to be well stocked with things needed for our stay. The AC works great which was vital as we were there in a heatwave! The apartment is very secure even though aspects of the apartment are rustic (doors, stairs, support beams) but they add to the charm and the feeling of staying in old Madrid. Overall it met all of our needs well and felt like a good value for tourists like us!