Great location, right in the middle of the main street. However, we stayed on a weekend and the noise during the night from people yelling in the street and loud cars and motorbikes was very annoying. It's a great spot if you want to be in the centre of town though.
Please note that there is a little kitchen at the bottom of the stairs, so the door to lock the apartment was open for a lot of our stay as there were people in and out of the kitchen. This meant that the apartment and our things weren't actually secure when we went out for the day.