The sidewalk in front of the hotel is under cunstruction, so it is a bit inconvenient, but not a big deal. The noise level is acceptable, but if you have a light sleep, take it into consideration. Of course, this is only temporary. I liked the decoration of the lobby, but I’m not a fan of the decoration of the halls. It’s conveniently located in front of the train station, so if you’re planning to use the train, it’s the best location. It is about 20 - 30 minutes away (walking) from Madrid center, so if you don’t mind a bit of walking, then it’s OK.