If you are wanting to find a place to relax and enjoy good food then this is the place. Our group of four was more than comfortable. There are multiple small water front place to eat, the water was refreshing for swimming (though I wish we would have purchased goggles or masks), and the views from the multiple decks and patios are fantastic!
The drive from Heraklion is well over an hour (Odi was very helpful in connecting us with a great car rental option) but the drive is beautiful. I suggest arriving while there is daylight because making the drive (especially the final descent down to Mochlos) at night can be challenging.
The location is not ideal as a home base for exploring other parts of Crete because it is somewhat remote. We spent a day in Heraklion and the Knossos Palace and the round trip drive was about 3 hours).