It's a great location, right in the centre of Malasana - set in a busy square, with cafes and cool boutiques right on your doorstep, but you won't hear any noise at all. 5 minute walk to great restaurants and bars, and when we ventured out to other neighbourhoods, we always preferred our area! Has two bathrooms (great if you're sharing, as the en suite isn't fully enclosed), and only downside is the windows look onto the ground floor internal courtyard, so you can't always have the blinds open. But would definitely recommend!