This location is really great for seeing all the historical sites in Valencia and people watching. The Micalet is right outside the window, and you can walk to many great sites. There is a bike rental shop around the corner, which offers a great way to tour the city. We rented bikes for a day and rode along the green belt to the beach. The only thing to be prepared for is that every morning from 9:00 to 9:30, the Micalet bells ring non-stop. Not a problem if you are a morning person, but be prepared not to sleep in past 9! Despite the bells, I would definitely recommend!