Great location, walking distance to Mercado San Miguel (6 minutes), Royal Palace of Madrid (12 minutes). Lots of cafes, souvenir shops, restaurants nearby. Plenty of beds / rooms to fit 11 of us. It is a walk up building. Only caveat is if you are a light sleeper, the two rooms in the front near the street you can hear the bars and people downstairs until 1-2 am then cleaning garbage truck comes around 2-3 am which can be quite noisy. Host was good at communicating and giving instructions.