Location is great - right in the heart of Madrid. However, we were very underwhelmed by the stay. Nearly every wall have marks on them, the furniture is stained and torn in places, plates are chipped and worst of all, the excessive noise from the streets. If you are young people staying out late, it doesn't make a difference. However, if you are a family and want a sound sleep then please don't stay hear. I barely slept the two nights I stayed there.