Would definitely recommend. Fantastic, comfortable urban oasis - a great “home base” for seeing Madrid. Truly beautiful, cool space. Great neighborhood. Great coffee shop, cheese shop, and bakery on the block. Grocery market on the corner. Easy to walk to everything, including Metro stations. Our teenagers enjoyed exploring and loved having their own rooms.
I enjoyed hearing bits of conversation by passers-by, but if you are super noise-sensitive, this may not be the spot for you. The bedrooms are away from the street, but there is still some noise from the neighboring apartments/restaurant. (Earplugs and fans did the trick for us for the most part; we are no longer urban dwellers, so we are used to quiet.) Overall, my family gave me the thumbs up for finding this place for our 8-day stay in Madrid!