The apartment location is in the middle of Madrid and only 5 mins from Palace of Spain. The Saint Maguel market is only 7mins and also lot of good restaurants nearby.
The most important thing is that Alicia and Carlos are really one of the best hosts we ever met. We rent one car for later Segovia and Sevilla trip and it is crazy hard to find a parking lot in Madrid. Thanks to Alicia and Carlos to provide us one free parking and give us ride, too! You should really consider to live in the cozy and wonderful apartment.