This loft is in a super location, right off the Gran Via and near the major squares (Plaza del Sol and Plaza Mayor), yet it was tucked away in a quiet alley just far enough away from the hustle and bustle of the city. We felt very safe there and security of the building was great. The only issue we had was that it was 100+ degrees in Madrid while we were there and the A/C worked just fine but it didn't quite get up into the loft area where the main bed is. So we slept on the first floor where the A/C was and it was nice and cool. The sofa bed is not really all that comfortable but it was worth it to be near the A/C. This loft may not be suitable for older people who would sleep up in the loft as the steps are quite steep and the bathroom is on the main floor. But the location is worth any of the things I mentioned that weren't perfect.