This was a good spot for people on a budget who want to be close enough to the heart of it all in Madrid. It's a 5 minute walk to Tirso de Molina and La Latina, 10 minute walk to Sol which is the real central point if the city. From here, most of the sights and museums are actually walkable. The location of the flat is in the residential, less glamorous area between Tirso de Molina and Lavapiés, but the fact the main Tirso de Molina plaza is 5 minutes walk with a number of supermarkets to keep you going makes it fine. Also a huge bonus, the excellent Bar Melo's (famous for croquetas and its giant zapatillas) is just a 5 minute walk. The Rastro was in strolling distance on the Sunday. All in all, a very comfortable stay that satisfied our needs for a budget getaway.