Excellent location in the central part of an island. A grocery store and a public bus stop are within 100 meters. You can easily get both to the Town (Fabrika) and the beaches (Platys Gialos, Psarrou). You can even reach an airport on foot, I took me about 25 minutes.
A room itself was clean and there was an air conditioner. Quite pricy for a simple small room, but considering overall price level on Mykonos, I guess it was ok.