Fantastic small hotel! We stayed 5 nights for an anniversary weekend and it couldn't have been better!! Location is perfect, tucked down a quiet side street, so it really an oasis of peace in a noisy, hectic city where people don't even start going out to dinner before 9pm. Off a side street from Plaza Colon, at first our taxi driver had trouble finding it - always a good sign. Rooms are large, tastefully decorated and well appointed, particularly those at the back, and we found the staff extremely friendly and helpful throughout our stay. Madrid seems to be filling up with ultrahip design hotels which have no character and charge you a whack - the Orfila is not cheap, but great. There's a subway two blocks away, but as Madrid is really a city to walk and enjoy, we walked everywhere - the Prado and museums are only a 15-20 minute walk away. There is no shortage of excellent tapas bars and restaurants in the Chueca area which is no more than 10 minutes's walk. It's always a risk booking online, but in this case it was (for us anyhow) a risk well-rewarded. Can thoroughly recommend it for a romantic weekend in one of the most fun cities in Europe!