Great location. 10mins walk to the main beach with amazing swimming and snorkeling! 10 min walk to the Chora. Big shared patio great for a morning coffee or a evening drink! No port transfer available but easy access to busses and taxis to get to and from the port. If you want to explore other areas of Ios you will need to hire a car or scooter.
Some noisy neighbors but that is because Ios is a party island, so it would be the case for any accommodation in Ios