This downtown apartment is as central as you can get in Madrid, 1 block from Plaza Mayor and across the road from the Cava Baja eating strip. We walked to the galleries and the Palace, which are not too far away but if walking is not your thing the metro station is just around the corner.
The apartment is small, but clean and well equipped with lots of information about what to do in Madrid. Our hosts were very helpful and friendly. This was a great place for a couple to crash at the end of a busy day and night.