This place is a great choice if you want to be close to bars and restaurants and feel the vibe of this vibrant city - the apartment is located in the University area, so a lot of things is happening at each corner. It takes pleasant, few minutes walk to be in Piazza Maggiore and other important places, I absolutely loved coming back "home" every evening.
The building itself and the room is just beautiful. High quality equipment (starting from mattress and lamps to the coffee express , everything fresh and new, crystal clean - it's a pleasure to be the there!), high, painted ceiling and colorful floor made the whole experience unique. Self-checking in/out system works brilliant.
Two pieces of advice when you'll be packing your luggage - consider taking slippers as the floor is made of real stone so it can be cold (which is probably a great feature in the summer ;-) ) and also make sure you have earplugs for the night - Italians can be loud, till the very late (or early, depends how to look at it) hours you can hear voices and noises from the street.
Despite that, I'd for sure come back and stay here again whenever I'm back in Bologna!