Very nice neighborhood for tourists. Major attractions of Madrid are at walking distance. The bnb is surrounded by lot of eateries which are open till late in the night. Also the market place, Gran Via is at a walking distance. Overall a decent place. Only bummer is that you get a private washroom to yourself but it isn't attached to the bedroom, you need to walk through the house of the host to use the washroom, although it's private, you won't be sharing it with host.