On the 4th floor of a walk-up, so pack lightly....very lightly! The young gent that checked me in was kind enough to help me bring up me bag. More of a hostel than a hotel. There is a very small bedroom with a small closet, mini-fridge and a bed. Walls are thin so they ask that you keep all noise down with good reason. There is a common area with vending machine that doesn't always work. This is a good place if you are in your early 20s and need a place to crash while visiting Madrid. The selling point for this B&B (minus the breakfast actually) is the location. You are a stone's throw from bars, restaurants, meet & cheese shops, pastries, clubs, outdoor dining, music, etc. Stay here if you have good cardio and do not plan to stay in your room much.