The location couldn't be beat -
Pros:
* Fantastic location - we could walk everywhere (right near the Palace).
* Great space, we had four people and the apartment was the perfect size.
* Storage space in each room was better than I have at home.
* The kitchen was well stocked and we were able to have breakfast every morning and cooked dinner a couple of times during our 8 night vacation.
* Two bathrooms were great and the shower were very nice.
* Washer/dryer unit in the apartment.
Cons:
* The apartment is on the second floor which actually is the third floor. There are four sets of stairs, that are dark and uneven - while not the responsibility of the owners its something to keep in mind.
* There are 11 steps to get to the elevator and 11 from the elevator to the apartment door. Which comes into play if you have heavy luggage or someone who needs to use the elevator, which we did.
* Wasn't well stocked with some items - no tissues, paper towels, trash bags, extra towels....
* Only one set of sheets and one set of towels.
We were very happy with this unit and would highly recommend it to others. It is attached to a fantastic restaurant that we got take out from three times. We were able to walk all around Madrid from this "home base". I went on three runs, and it was easy to find routes.