Outstanding location and view. The subway stop is right across the street. Lots of really good restaurants (and a whole slew of American fast food joints, if that’s your thing) just outside the door. This place is located right in the heart of Madrid’s theatre district. The place is basically the size of a hotel room but we had everything we needed. We were on and off the Metro frequently during our five day stay. Balcony is nice, not big enough for a table but nice for the view and to get a bird’s eye view of the hubbub down below and when you close the doors (double pained) the noise is shut out. Great place for two people.