Carolina’s place was centrally located in the gay friendly district of Chueca, near cool bars and nightlife. We had an awesome New Years experience visiting the local drag bar. Also we were walking distance from major landmarks and some great shopping as well. We slept 3 comfortably, 1 on the couch. I would say for people sensitive to noise, you could hear people talking outside in the street late into the night (though it didn’t bother me since I sleep with ear plugs). Another plus are the power black out shades that are standard in Spain and let you really sleep in after a night of partying. Highly recommended place!