Reasonably situated? Well..... It's a pretty good walk down to, say, Gran Vía from there. It's located just above the Plaza de Alonso Martinez. How long is the walk to Plaza Mayor? I'd say about, what, 25 minutes? The hotel is not what I consider "the old center of Madrid", no, but not far outside it either.
You can see a photo of the building/address, a map, and take a virtual walk around the area in photos on the QDQ.com site HERE
If you stay there will you please come back here to this/your thread and give us your review? Thanks! Enjoy your time in Spain!
for Barcelona information, Transportation, Lodging, & much MUCH more!
Curious about what could POSSIBLY be inside the brain of MadridMan? Visit MadridMan's Madrid Blog