We'd spent two nights at a 5-star hotel on the island before we arrived at Sofia's LMB studio, so we knew to manage our expectations. Bit we shouldn't have, the studios and view are stunning!
The location is high on a hill and the taxi really pushed to get up but the prize is the clear view directly out to sea and the lovely small beach below (our favourite, on an island of otherwise busy beaches).
The studio we stayed in was perfect for the two of us, very clean and had a private (somewhat overlooked from the side) balcony/terrace. We didn't have a chance to, but it would be perfect to eat on and watch the sunset.
I'd suggest renting a scooter or quad bike as the hill is steep and location is a separate from Mykonos town.
Not only would I stay there again, but I'd return to Mykonos in order to stay there again.