We took this that hostal because of his Location. Its situated very close to the central squares like Sol and Plaza Mayor and (it was very important) its close to Atocha Rail Station. The nearest Metro Station is Anton Martin. But you have to know how to find that hostal because the signboard is very imperceptible. The hostal is situated on the 3 floor without any lift.
Rooms: all the rooms have differenet colors. We received the Blue Room. Its a small room. With TV and air-conditioner. The toilet is very narrow and it was not comfortable to enter inside it. Windows looks to the courtyard.
Breakfast its selfservice. In the fridge you can find some juices, milk with different fat content, yogurts, cheese and sausages. Also you can find cornflakes, bread, croissants and marmalade. All the time you can use a coffee machine.
+Good location, Wi-fi its free, in the hall you can find a computer with internet, staff its very friendly and competent. You have a key of the front door and don't need to worry how you will enter inside.
- Small toilet and a breakfast its really poor for the price we've paid.

Pros: Location, Location, Location - No better place to say. You are steps away to plaza del sol and several metro lines. Extremely easy to find. Tapas bars surround you and it's a great base camp for a trip around the historic section of Madrid. The staff are also extremely helpful and friendly.

Cons: Underwhelming decor. WiFi was down the entire stay. Breakfast was as minimum as you can get. A bit pricey for what is really is.

For a citytrip with friends, we had two apartments (one for the guys, one for the ladies). A noisy one streetside, a quiet one courtyard side. Remember this if you consider going here: streetview was very charming but noisy.

As said: good location and affordable. However, I must admit I had higher expectations. The shower will give you about one minute of hot water and the couch (4 person appartment) that is supposed to be serve as a queen bed, is rubbish. Dirty and uncomfortable. I guess the word 'chic' and a very slick website caused these higher expectations.

Still, staying in a little appartment with a bunch of friends is more fun than an anonymous hotel.

Don't expect much and you'll be fine.

Everything was pretty good! everyday cleaning, basic but good breakfast, variety of pastry and juices etc. When I arrived they gave me a good map, told me where to go.. the stuff is really perfect and HELPFUL in all ways. room was cool, nice and clean but there were a few spots on the green wall-paper. but that happens I guess.. And! there are some discounts if you book 3 weeks before etc, so it can be a great value too! generally i was really satisfied and I really would recommend it!