Francisco Tárrega's '2 Etudes in G and A' are charming and melodically rich pieces, typical of his guitar compositions adapted for piano. They serve as excellent studies for developing a graceful touch and elegant phrasing.
Focus on maintaining a fluid and singing tone throughout the arpeggiated figures and lyrical melodies.
2 Etudes in G and A is rated Henle level 4 of 9 — intermediate repertoire, roughly ABRSM grades 5–6. In the RCM system it corresponds to about level 6.
You should be comfortable at Henle level 4 — meaning you can already play level 3–4 pieces cleanly. Learning it one level early is possible as a stretch piece, but more than that usually leads to months of frustration.
A typical performance of 2 Etudes in G and A lasts about 4 minutes.
2 Etudes in G and A is available as free public-domain sheet music on IMSLP — the score is linked directly from this page.