Pronunciation of - Il n'y a nulle part où je préférerais être

Bonjour Dragana !

Indeed, the distinction here is very tenuous, even to Native ears :)Note however that although you can perfectly pronounce the "e" as in [préférerais] (which the updated audio file now does), many French people would pronounce this word as [préférrais], stressing the R and kind of skipping the [e] sound altogether, which makes the nuance very tricky to catch for non-Native ears!

I hope that's helpful!Merci et bonne journée !