Perfect location in the heart of Madrid. The place includes all basic necessities needed for a tourist (meaning spending all day touring the city and needing a place to rest for only a couple of hours per day). I recommend looking for something else if you are looking for a place that you are going to spend more than a couple of hours in.
We had some communication issues with the hosts however nothing that we could not find a solution for in some way or another or that ruined our stay.