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I know that everyone mentions the climb to the apartment, and I will pile on. I don't think it is possible to overstate its difficulty. Not only is it steep, the footing is uneven and the steps aren't regular. That said, it is in an excellent location. The Teatro Principal is at the bottom of the hill, and we went to the symphony three times there for a cost of about $5. Lots of restaurants, and we especially liked the produce store on the plaza below.
The apartment has a spectacular view from the roof, and the owner has a hammock and lights up, so you can enjoy the view at night as well. There is also a washing machine on the roof, and the laundry dries very quickly in the great weather.
The apartment is pretty basic, but fine. The caretaker, Gerado, is very responsive and helpful. The owner contacted me after we arrived to see if everything was OK and if there was anything I needed. I asked for a small saucepan and some reusable storage containers (to put stuff like fresh pineapple in--it is in the produce store--fantastic and cheap). However, the kitchen is still pretty lacking. About ½ through the stay, the owner brought us some big bowls and some more plates, but until then we didn't have any serving bowls. We could have used some small plates, serving spoons, and more cook pans.
There are two bedrooms and we thought the beds were comfortable and had nice bedding. The shower worked well, but the hot water is limited. However, after talking with other visitors, I think we had more hot water than most.
The biggest complaint I have is that the internet is very iffy. There is no TV--you can watch YouTube or Netflix IF the internet is working.
We were there for a month, so I had time to take Spanish classes at the Escuela Falcon about halfway down the hill. I recommend the school, and the location is perfect if you stay in this apartment. The school has better internet service too.
A couple of tips--the floors are all made of tile and are cold, especially at night, so I wish I had brought some slippers. And for women, the only women I saw wearing shorts were tourists. Local women just don't wear them (especially my age--61). It's fine if you want to--but I wish I had known that when I packed 2 pairs of shorts and a skort. I wish I had brought more long pants.
All in all, we loved Guanajuato and already have plans to come back in December.