The location of this place is amazing! We were able to walk to pretty much everywhere we wanted to go. When we did have to take an Uber or cab, it was pretty cheap. It's located right in Chueca but also along the Gran Via. There's a ton of restaurants, bars, and shops nearby. The loft area inside the airbnb is pretty small. My friends didn't mind it, but I would keep that in mind when booking in case you are claustrophobic. All in all, great place for the price and location!