The hostel Pirwa Garcilaso is located in a very strategic area, just a few steps from the hostel across the street is the Wanchaq Market, one of the largest local markets. There you can buy fruits, vegetables, meats, and many more fresh products.
You can even prepare a lunch or dinner in the common kitchen of the hostel.
If you walk only 2 blocks from the hostel, you will find the Peru Rail office where you can buy train tickets to Machu Picchu. And just around the corner is the local bus station to the Sacred Valley of the Incas (Pisac and Calca), so if you want to visit the sacred valley on your own, this will make it much easier.
Av. Sol (main Av) where there are many shops, restaurants, cafes, all the agencies of airlines, banks and exchange houses is only 2 blocks away from the hostel.
The largest craft center in Cusco is located 3 blocks down Pirwa Garcilaso, there you will find a variety of handicrafts such as textiles, ceramics, jewelry, etc. at a good prices.
Last but not least, just 3 blocks from the hostel is located the Coricancha (Temple of the Sun), museum and Inca temple very popular that hosts different Inca challenges. This is a place you can not miss if you are visiting Cusco.