This place as well as the host is the reason why I prefer airbnb over a hotel. Paloma welcomed us personally and told us about the upcoming fireworks and events in town, since our visit coincided with the beginning of the Fallas festival and also recommended us some places for traditional food.
The apartment itself was very clean and nice. It is located in a backstreet of barrios del Carmen, which is the most interesting quarter in the old town of Valencia when it comes to food and drinks. But due to the fact that it is in a backstreet it is very calm as well. It is also within a 5 minutes walk to the cathedral, the central market and the town hall, which are amongst the most famous sights of the town.