Location of this air bnb is great. Walking distance to all major tourist locations. Since it is in the center the noise can be loud a bit late into the night if sleeping on the pull out sofa. The street noise was not heard from the room but you can hear the elevator / stair noise. Definitely not a deal breaker but something to be aware of if you are a very light sleeper. This place was perfect for our visit. Overall we really enjoyed staying here and will book again if we come back to Madrid.