Hi, my wife and I booked this apartment with our 3 kids (ages 7, 5 and 9 months) and also had our in-laws with us too. The location is excellent. The only thing I would say that if you are traveling with children or coming from a flight that arrives in the morning, I'd recommend planning to keep yourself busy as you will be able to pickup your keys at 12:00pm and leave your luggage, but not get access to the apartment until 3pm. We ended up taking a tour of Madrid after our arrival as we slept in the plane on our flight overnight. This is more suitable for business travelers, young couples or groups of adults. They do have an elevator but it's very small and you have to take multiple trips if you have a lot of luggage.