My husband and I spent three days in Madrid and this place was in a perfect location. It was easy to walk to many different neighborhoods and close to the Sol metro, which is four stops from one of the major train stations for day trips out of Madrid and to the south. The balcony was lovely at all times of the day and was certainly my favorite feature, excellent for sipping un cafe or vino and listening to buskers down on the street. The six floors to walk up would be challenging with a lot of luggage, so beware if you have physical limitations as there's no elevator, but I like to think they helped us burn a few extra calories. The building itself was quiet and so was the neighborhood at night even though the Plaza Mayor was right on the other side of the wall from the balcony. The amenities are standard but it's not like we spent a lot of time hanging out when there was so much to see and do. We arrived early in the morning and stored our luggage for several hours at a place a few blocks away, and Emilio met me to let us check in early, which we really appreciated. The guys were very responsive speak reasonable English, which I also appreciated as my Spanish is limited. They also offered a lot of helpful and thoughtful recommendations from a local perspective. I'd definitely stay here again.