We were very comfortable in this lovely apartment and found it very easy to get all over Madrid and also to Toledo from here. The apartment is in a lively area surrounded by small bars and cafes. The local indoor market 2 minutes from the door is excellent. 10 minute walk from Reina Sofia Art Gallery and not much further to Prado and Thyssen. Atocha bus and railway station 15 minutes walk.
Can be noisy but apartment windows offer very good soundproofing.