We thoroughly enjoyed our stay at this premium property, which is very clean, stylishly designed, well appointed and extremely well located (and for clarity, has a lift! in Europe one never knows :-). The area is beautiful and central, facing the gorgeous Parque del Retiro across it with a playground pretty much just crossing the street, very important as a family with a young child. Many good restaurants in the immediate vicinity including a supermarket in the nice Mercado de Ibiza. While not in the heart of the shopping district or next door to the the museum triangle, it is still walking distance to both, and cabs are cheap and plenty (at least they were in Jan 2022); the Ibiza metro station is also in the same block. Nothing but good things to say and would certainly stay there again when in Madrid.