We stayed at Hotel Primus Valencia for 4 nights during the Fallas festival and they exceeded our expectations. The breakfast was incredible and well worth the 12 euros per person. So much variety, quality and the wait staff was great. The hotel also helped us add an extra room (for a reasonable fee of course but given the busy season, we were impressed). Location was perfect for the evening fireworks and right on a major bus line to take you to the old city. The park is an easy walk, as is the City of Arts and Sciences and there are lots of restaurant options in the area. We also felt very safe here and in the surrounding area. The only downside was the elevators weren't working all that well during our stay.