What an awesome value! You're right next to Atocha station, across from the Reina Sofia museum, and close to a ton of things to do. Check in was easy, but as someone else mentioned you'll need to either walk UP to the first floor (ground floor in Europe is 0), or take the elevator and walk DOWN a half a flight — so just be prepared for that. Stayed for one night and wish I stayed longer honestly — bed was super comfy! If you're from a city, you won't find the area or apartment to be noisy, just normal ambient city noise. But if you're used to more quiet surroundings, the traffic noise may bother you, despite the great soundproofing. Overall would stay here again! Thanks!