The location and value were good, but the apartment isn't the most comfortable for a longer stay. The beds were quite soft--I couldn't sleep at all on the double bed in the bedroom and had to sleep instead on the fold-out couch in the living room. I was aware that there was no air conditioning and I know Madrid is hot in July, but I had asked about fans and was told there were two, which would have worked for a family of four, but in fact there was only one, which made half of us very uncomfortable in the 100+ degree heat wave ...
The neighborhood of Cuatro Caminos is well-connected (the metro is only a couple of minutes away) and there is a 24-hour grocery store right there and a market very close by, but it's not a particularly picturesque or charming neighborhood.