The apartment is located within walking distance to several attractions such as Museo Del Prado, the Royal Palace of Madrid, Plaza Mayor, and Market of San Miguel. I also highly recommend El Barril de Las Letras for lunch or dinner. Make sure you when you leave the apartment, you walk up the hill - we walked down the hill one evening and it was a very sketchy neighborhood. The entry way was also pitch black at night and we had a hard time navigating our way up the stairs. In addition, the neighbors were extremely noisy until about 3:30 in the morning.