Michel's place is a good value for your money in Placencia where prices can be a bit high. It is clean, the staff is great and the location is pretty decent. It is only a few minutes walk to a grocery store, the water and about 10-15 minutes to the pier.
The only cons I have is the air conditioner is turned off during the day making an afternoon nap a bit warm and to have laundry done on site it is $10 USD a load (wash and dry) which is a bit high.
Overall, though, the room is comfortable, there was a place to work, the wifi is good and there is a coffee maker - that's about all I need.