We had a fabulous time in Matala and that was because of George's place. The terrace must be the best terrace in Matala. The view is amazing, and a few steps down you can jump in the sea. If you prefer to avoid the sandy beaches, the terrace can be your lounging area.
George had warned us that the bar nearby can be noisy at night and it was indeed 1 out of the 3 nights we were there but that was okay, he had set our expectations right and we were ready to go to sleep later than usual and to take naps!
George's place is 2 steps from the best restaurant in Matala, called Scala (make sure to get their smoked mackerel with beet puree or grilled shrimp) and 3 steps from the best spot to watch the sunset. We had planned to drive to nearby beaches but our car stayed in the parking lot during our entire stay!
There is a beautiful beach called the Red Beach walking distance from Matala, which is a fun 25 min hike up and down the hill.
Aside from the party vibe, Matala is a sweet little town a lot less crowded than Chania for example. I would definitely recommend it to anyone coming to Crete as a place for relaxing and great food. And there's no question George's place will make your stay there even more enjoyable.