What a fantastic location! Matala is an amazing, chilled out place and this little place has one of the best views in town.
We were there just out of season so didn't find the noise from the bars an issue and there was plenty of availability in all of the restaurants and tavernas. The house accommodation is small but perfectly formed, but the large terrace is what this place is all about with superb views across the bay towards the caves.
As it says in description there are no cooking facilities (which would be a great addition if at all possible!)