The flat is very centric and convenient, as it is easy to get there by bus or metro (8-10min walk) and it has a carrefour very close by (4 min walk). The Royal Palace and other tourist places are close too.
I would recommend it better for Winter time rather than Summer because it doesn't have A/C. Also, if you are carrying a lot of luggage, the flat is located at the top floor and there is no elevator.