It was just perfect! Nice and cozy flat, rather spacious, pefectly located (just several min from the nice beach). There are two foodstores in several min proximity (one of which's local, one's Lidl) - you can buy any food. Fully equipped kitchen (we were cooking there all the time), washing machine provided (also used once). Everything was very clean and well-furnished. Particular cool was veranda, where we had out meals on the fresh air.
Bus stop is nearby, from where you can get to and from airport (direct bus, 1.70 Euro), to the city center and even (once an hour) there's a direct bus to Knossos.
We were met by Yiannis' parents, who are living next door and were ready to help whenever we had any questions.
All in all, I totally recommend! Hope I'll stay by Yiannis again :)