The location of this place is excellent, you are in the center of the city but is a bit gritty which we don’t mind. Lots of restaurants, cafes within walking distance and the more touristy places are also walkable about 10 mins away. We also walked to Reina Sofia (a little longer), Plaza mayor and plaza del sol. We also saw a concert at a church on the corner which was so special.
The apartment is very comfortable and has all the amenities with air conditioning in bedrooms and kitchen. Only the living room air conditioning doesn’t seem to work but we were never in that room during the day.
Only thing to note is that there is a market on Sundays so if you are calling a taxi, the Main Street is blocked to cars. You might have to go to a different location to call a taxi.
Would really recommend this place, communication was excellent and we enjoyed our Madrid stay.