We really enjoyed our stay at Colinda Cabanas. The manger, Juan, was very helpful. He gave us a map when we checked in and suggested places to eat and tour companies to book through. The location is a little out of the way if you're wanting to be in the middle of the action, but if you're looking for a quiet place to stay than its perfect. The island is small enough that it's easy to get anywhere on the complementary bikes that they provide and the staff was always willing to call a cab (golf cart) for us when we were felling lazy in the heat of the day. We had a cabana without air conditioning and it wasn't a problem, we just kept the windows open and the ocean breeze was very refreshing. The cabana had everything we needed (fridge, coffee maker, fans, purified water). My only complaint would be that their towels are terribly scratchy and do not feel good on a sunburn! ;)
Overall, I would definitely recommend staying here. It's simply, but very charming.