About the apartment: It’s a convenient location but a very busy community in the mornings, so if you’re a light sleeper this apartment would not be the best choice. The apartment is VERY small, is a better choice for small people. Because it is located on a 5th floor, the views of Madrid are nice BUT BEWARE it doesn’t have an elevator and it’s approximately 100+ steps to get to the apartment.
About the location: The location of the apartment is convenient because it has the Lavapies Metro Station near-by (about a 3 min walk), lowkey bars and non-expensive cafes. We loved the location.