Chueca is a lively neighborhood so this apartment is well placed for walking to great bars and restaurants. Also don't expect peace and quiet. The apartment is super nice and well appointed. You will have everything you need. It's run by a company that has several rentals around the city. The person who came to meet me was really nice and even accommodated meeting me early, which was fantastic.
All was great but the only glitch was that when I checked in, I asked if I should book a cab in advance for when I needed to go to the airport since I had an early flight. I was told that an Uber would be easier and still the same flat rate as a cab (30 Euros). This wound up not being the case and due to the early hour and rain, I wound up paying 90 Euros for an Uber to the airport. This was an unfortunate but not the end of the world. Other than the misinformation, the apartment is great for taking in the lively Madrid scene.