It's a beautiful apartment that is central to everything in Madrid. You have a shopping street just out side, some of the best restaurants and your close to the metro that can take you any place you want to go. Madrid is a beutiful city and a lot to take in and to see, I would recommend to take your time and walk rather than to take any form of transport. Last but not least visit the la Latina area to eat the best tapas in the world.