The property we stayed at was right by the Mercado San Miguel, across from an excellent flamenco show place, tons of restaurant, around the corner from Plaza Mayor. Even though the area is busy, it’s quiet at night time to sleep after midnight. It has washing machine which came in very handy for us. Would definitely recommend this location and would stay at it again. Only negative is that the keys have to be picked up at an alternative location which creates a bit of additional work and logistics, as well as the fact that they don’t have bag consignment when you arrive before check in time. But that seems to be very common in the area.