It's a good place to be if you are on budget, good location during day time but at night a bit unsafe. The late check-in is not very suitable (3pm) especially for travelers who came early in Madrid and have no place to rest after a long flight. Also the hygiene of the room is not so good and sharing the toilet, shower with the residents is not very comfortable. Wouldn't not recommend but wouldn't go back either. A bit pricey for what it is....