What a great place!
We loved it there. What a view! And so quiet.
It is so close to everything (Heraklion, Knosses etc), and walking distance to the local beach, shops and restaurants. Although, I would recommend the next beach (Ligaria), as it is less crowded.
Also, I would recommend renting a car to explore the island, and to visit Agia Marina Donkey Rescue.