This place was beautiful -- the view from the balcony is what drew me in, and it did not disappoint! We loved the location for it's proximity to all the main shopping areas and the metro. Chueca Square is a perfect little piece of Madrid for being such a sprawling city! I would DEFINITELY recommend this place to other people.
One issue I had is one that is out of the control of the owners, but I feel it necessary to let people know -- I was too scared to take this elevator because of the way it shifted and dropped the second you stepped inside... so I walked up 5 flights of stairs every time. My legs were very strong by the end of our stay! I know it is safe to use because other people used it, but elevators give me anxiety already, so if you're like me, you've been warned!