The flat is in a great area, full of local bars, restaurants and markets. Also very well-connected for the underground. Definitely go to the Mercado de Vallehermoso, and also to the lovely shady Plaza de Olavide, which is surrounded by buzzing bars and a great coffee shop and wine shop. The area (Chamberi) is not touristy but is right next to Malasana, which is very hip. Wifi in flat is top-notch - fast & reliable - and we were there for a month and working freelance on laptops every day. No aircon so not ideal in the summer months - but that goes for Madrid in general! Everything in the flat was in good working order, and it is well-equipped if you enjoy cooking. One of the best things about the flat is the abundance of natural light in the living room, which is great if you spend most of the day working from home.