The location of this place is absolutely amazing!! You will be within walking distance to all of the main attractions - and by that I really mean ALL of them. Plaza Mayor is only 5 minutes walk, Royal Palace and Puerta del Sol are just 10 mins away. Even Atocha, El Prado and El Retiro are all within walking distance - it will take you about 20 mins to get there. Same goes for Templo de Debod. The only time I needed to use the metro (apart from going from/to airport) was when I went to Moncloa to catch a bus to Segovia. Other than that you won't need it at all. However, with that said, a location like that doesn't come for free - it gets VERY loud outside at night, especially during the weekend. I found it really hard to sleep despite being exhausted in which case I usually have no trouble at all. I read all the previous reviews, so I knew what I was getting into but still... kinda exceeded my expectations ;-) So just be prepared - I slept with the windows closed as it wasn't that hot yet, but can't even imagine being able to sleep with the windows opened. You should also know that Ulises is not actually the host - his mom is. So if you are a non-Spanish speaker like I am, you should know she does not speak any English at all. Which I found a little disappointing since I always like to talk to my hosts especially when I am traveliing solo as that kinda is one of the plus sides of Airbnb renting - living with the local. So, I would have appreciated knowing that before renting. However, Ulises is VERY responsive. Every time I shooted him a message he replied within minutes and was more than happy to help with anything and always making sure I am happy with my stay, which I really appreciated. So thank you, Ulises! The only thing that really bothered me was that almost every time I went to the bathroom to take a shower there was somebody trying to get in, which made me feel uncomfortable and like I needed to rush, despite the written rule the host has there and which I always followed - to always leave the door open when leaving, so one knows it's not occupied. I also kept bumping into people I did not know which made it a bit awkward, and only two days before I was leaving I realized there were probably other rooms being rented through Airbnb, too. Again - I just think it would only be fair to know this before renting, to know a bit more about the people and place you're going to stay at. But with all that said, I would still highly recommend Ulises' place! It's a great deal, great location and if you speak even little Spanish then you'll be fine, as I am sure Ulises' mom...