Probably first of the many hip and stylish rentals you will find in Tai O, unlike Lamma island and other places with a large Expat population, Tai O is much more rustic and bare bone as a travel destination, which means mostly it is a half day trip experience.
With an apartment like this it is a new experience, you become almost part of the local landscape and can experience the serenity of the village from dawn to dusk, source from the local markets and cook your own meal, hang out in the balcony and watch over the tourist arriving by busloads. Great place if you are a creative type and want to work in retreat, there's no bars and no one really notice your presence unless on public holidays.