We had a great time in Eleftheria's studio in Plaka. The studio is refurbished and equipped to a high standard and well located with a stunning view to Spinalonga. The location, right on the pedestrian strip may not be for you if you are after peace, quiet and privacy. It never gets noisy, but people are walking up and down in front of your window. There is a little beach and also a platform right in front which is great for that lazy day or a quick swim. You have plenty of restaurants within mere meters from your door. The ones on the seafront are touristy (but not the all day breakfast and cheap beer type that you find in Elounda). I recommend Caroob Tree off the main road for a pleasant meal at any time of the day. As stated, it is a studio and personally I would find it ambitious to squeeze in 5 people, but that is personal preference.
Eleftheria, aka Lilly, is a superstar. Very friendly, communicative and always with good ideas. Thanks for the fresh fruit that we much appreciated.