Our stay was fantastic. We had no idea we were staying on "the" street in La Latina! The building even comes with a 900 year old city wall attached - tour groups come through regularly just to look. The scene is hopping. We were there as a family and while it was great, would have been even better as a single or couple. Easy walk to best tourist spots and coolest neighborhoods in Madrid. Sample of our walks: Plaza mayor, Lavapies, puerta del sol, huertas, retiro park and neighborhood, el Prado, etc. Everything we wanted was within minutes. Or of course you can just stay on el Calle cava Baja and eat tapas all night.