The location for this airbnb couldn't be more central, being less than 10 minutes walk from Atocha station. We found it very easy (using the tourist Madrid map!) navigating our way around the city from Juan's place. The only thing I would say is if you have mobility issue's you might want to think carefully as this apartment is on the 3rd floor & there are no lifts, so you have to carry cases etc up 3 flights of stairs!