This is a mid priced, small hostal, refurbed to a high standard in the Realejo barrio (the old Jewish quarter).
My aunt and uncle stayed there a couple of nights when they came to visit me, my cousin's room was a little on the small side but theirs was good and the staff were friendly. The advantage is that's located in the corner of Realejo's main (almost traffic-free square), so is near the restaurants and bars...not far to go for your morning coffee or midday meal! These are family-orientated, not late opening bars, so the main noise you'll hear are the children in the play area!
The hostal is about 5 minutes walk from Plaza Nueva and is right at the bottom of the Alhambra hill, so there are plenty of panoramic views if you're prepared for a steep climb!.
One small issue...Realejo's old buildings are all being bought up and refurbed so maybe it's best to check with owners that there is no neighbouring buliding work going on!
WARNING...don't eat at the Ninfa restaurant in the plaza, I've heard reports that they food is bad and the staff are rude.
Directions: Campo Del Principe Realejo
C/ Gran Via de Colon, 44, Granada
Cuesta de la Victoria, 9, Granada
Calle Benalua 11, Granada, Granada
Carrera del Darro 13, Granada
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Address: Campo del Principe s/n, Granada, 18009, Spain