This is a great location for walking to loads of interesting places in the area and not far from public transport. If you go to a supermarket you can get a 660ml Peroni for €1.19 (rather than €2 or so). This is good to know if you want to make use of the little fridge provided! Naples is generally quite cheap if you're frugal, I took out €200 on Monday and left 6 days later with €100 and I visited and ate and drank pretty everything I felt like. Only slight negative is that there's a fair bit of street noise until about 23:30 but I think it's worth it for how close you are to the bustling streets that have all of the things you might fancy!
Thanks Christian.