Great location if you're planning on being at the heart of Madrid most of your time. 14-20 min walk (depending on your pace) to get to La Gran Via. Lots of great places to eat right in the district Rociós place is located in, actually known for it's variety of different foods. A couple of nights I didn't get back until 7 a.m, never felt in any sort of danger. Very safe. Would definitely stay again!