This hotel is ideally located on the south side of Mykonos, it is truly right on the beach (my room was 5 feet to the sand!) and is run by a family who cares about the quality of their guests stay. The common areas (bar, beach, courtyard) are clean and welcoming, the prices for food and beverages are reasonable and the quality is good, and the prices for beach chairs (6 Euros) for guests is great.
The location of the hotel is fantastic to get to 3 separate beaches (not including the one in front of the hotel) and nightclubs/bars in the area. You are 3 minute walk from Scorpios, a 15 minute walk to Nammos and about 20 minutes to Paradiso Cavo.
The hotel also has easy access to the bus into Mykonos town, just a 5 minute walk to the bus stop.
The rooms are very clean and quite large for European rooms, the furnishings are suitable but not excellent. This is the only reason I didn't give a 5 star review and to be honest you don't spend much time in the room anyways! I highly recommend the Agia Anna Studios.