It's located near popular shopping streets and metro stations and about a 10min walk from the city center. However, keep in mind that the streets are almost completely deserted after 10-11pm on an average night, some might advise against night walks, but for me, it felt safe enough for late night strolls alone, I was perhaps more threatened by the many stray dogs, which I think they're harmless.
The staff were nice enough but none of them spoke anything but Spanish, although they made an effort to communicate.
The room looked clean and comfy, however upon a closer look, the bed sheets seemed to have been unchanged since the last occupant, I asked them to change them, and they instantly complied. And the towels, even if washed, seemed to be still stained.
The room comes with free wifi, but it's almost non-existent, it's so slow it's unusable.. it takes over a minute to load a simple page, you end up with countless timeouts.
The worst part of the stay is the noise.. although the hotel is located on a quiet street, there's always someone playing music, having loud conversations or moving barrels and whatnot at 4am.. bring good ear plugs or wake up many times over a night.
Overall, you get what you pay for, but for the cheap price, it's not that terrible.