It is a very basic hotel, no frills whatsoever in the lobby, hallways, room etc. I felt like the room was clean, the shower had good water pressure and hot water. It was actually a bigger room than I had in many other European cities. I also had a door that opened onto a tiny little balcony, didnt expect that, it was a nice surprise.
The desk staff asked me to leave my key with them when I went out, I said no thank you, they said ok. They were nice overall.
The free breakfast was totally serviceable and the women who work there are great. Fresh squeezed OJ and coffee is included.
The exact street the hotel is on has a lot of nightclubs and pushy people that try to usher you in, but you can just ignore them. Other than that, the location is great, super close to Plaza del Sol, a million restaurants near the hotel, many open very late.
If you are not looking for any frills in your hotel room and care more about location and a great price, Id recommend this hotel.