While this apartment is nice, and handy as a base for a weekend exploring the city, it isn't luxury as described in the listing.
The living space is quite uncomfortable - the sofa bed in the lounge is not somewhere you can relax after a busy day out and about - so as a result we found the apartment difficult for 6 adults to socialise and relax in. There also isn't much natural light in the apartment which we found a bit claustrophobic.
The location is good, and Casa Gerrado on the corner is a must visit. We've visited Madrid multiple times and this is one of the loveliest bodegas we've been to. There are also some lovely bars nearby for late drinks.
So while we recommend this for a short stay, it's not luxury and it is tight for 6 adults and a child to stay in. There is a very noisy small bar opposite too, that you will hear if you're a light sleeper.