The location is premium as it is in the "Old City" as the locals call it and is walking distance to the main historical sites.
Also there is lots of tapas, various food and the main shopping strip walking distance.
There are more than a couple and dog who live here. I am not sure how many in total. This affects when you would like to use the bathroom as you don't know when people need to use it go to work etc. There is a lock on your door however for privacy if need.
I love Mallorca and could come back and maybe even live there.