Very cosy place, ideal for a couple like we were. Located at the point exactly between Chueca and Malasaña, makes it IDEAL if you don't have transport of your own. Metro station literally 2 minutes walking from your door. The place though, even it's not as big as it seems in the photos, is able to accomondate more than another extra 2-3 people. Nice decoration, basically equiped kitchen, and cosy atmosphere!
2 negatives. The studio is totally dark without the lights on. The sun doesn't reach it never throughout the whole day. If you (like me and my girl) like to wake up and go out for a coffee and breakfast and spend the day out, it's not that big a deal. Secondly, we had some unexpected "visitors" on the walls and the floor from the kitchen side. The place is pretty clean, maybe they migrated from the houses next door. Ask the landlord if he took care of it.
Anyway we found the studio wanderful and perfectly located. I suggest it to you blindfolded...