With four fantastic balconies and a huge open-plan living room, this apartment is perfect for groups of friends who want to stay in central Madrid. Designed to be social, the striking industrial wooden beams set against contemporary Scandinavian style really make the turquoise living room pop. And the American-style island in the kitchen is ideal for quick breakfasts. Besides all the main attractions nearby, you'll also find tonnes of great restaurants, bars and shops dotted around bohemian Malasaña neighbourhood. Home truths: *Access to this home is by stairs only – be prepared for some of lugging of suitcases up three floors on arrival *Some of the walls have scuff marks and could do with a fresh lick of paint *It's on Calle Libreros, a very central road, so there will be some noise from the street *There master bathroom feels a bit run down, the shower leaks and the sink's faucet is loose *The apartment could do with a deep clean – we found some dust lurking on the lamps *Both bathrooms have no natural light or ventilation – they could feel stuffy to some