Location is perfect. Close to everything in city centre. For those, who consider this place for workation: internet connection is awesome (150+ mbps) and there is enough space for 2 people to work simultaneously. Just one thing to to be aware of: every window is pointed to inner backyard and it could be not enough daylight. For us it was not a problem though. For those, who is going to visit Madrid during a vacation, this place is absolutely perfect. Yo won't even need public transport - the very center is in 10-15 minutes of walk.
Definitely recommend