This is a modest but well located place about 30 min walk to key attractions. In the summer months, you will likely not be able to walk due to the heat, so keep in mind that you will need to bus or taxi most if the time.
We loved that within 10 min of the crowds, you could be in a fairly quiet residential area where you can watch locals enjoy the evening while eating gelato.
The main living / kitchen area is small as described (cozy) so you will likely want to spend your time exploring the many local hangouts instead