Location, location, location. If you are looking for a clean, inexpensive, safe place to stay that is absolutely ideally located for a "locals" stay in Madrid, then this is the place for you. Enjoy the amazing street scene of Chueca and Malasana at your doorstep - we loved discovering the local bars and shops that would each have their peak popularity at different times and days. Also you are literally steps from the Gran Via which gets you to all of the traditional shopping and amazing sights of Madrid.