Great location. No need for a car since everything is walking distance and cars don’t even run down the streets where the flat is located. You can see the Plaza Mayor from the balcony which is amazing and also helps to serve as a good landmark Incase of someone getting lost or turned around, very easy to locate your Airbnb anytime of day or night. Area feels very safe as well. We arrived early before our allowed check in time, and were able to leave our luggage at the owner this Airbnb’s cafe which is located just downstairs, so you can go explore or eat prior to actual check in which gave us the entire morning to do things. I would recommend this place to anyone traveling to Madrid for the first time.