Great great location! and I believe you get good quality for the price. We had everything we needed. However, I don't think this flat is a destination in itself, more of a functional, well-located, comfortable place where you can sleep while visiting Madrid. One small thing that may be a bother to some: the bathroom doesn't have electrical ventilation (and no windows as it is located in the centre of the building, not on the facade). I would recommend this place for people who want to spend most of their time visiting the city and want to be close to the museums, not who want to hang out and chill in the apartment.