Great location! Close to Plaza Mayor. We arrived early in the day and dropped our bags at a 'Lockandbefree' baggage storage about 3 blocks away for 5 euro each. Jose met us at the apartment at 3 and showed us around and suggested local places to dine. The elevator/lift does indeed work - ignore the signs on the lift as they are for an upcoming HOA meeting and not that the elevator needs service. :) We would stay here again for sure.