The apartment is magnificent and well worth the money. It's well kept, spacious, full of necessary amenities (and some), has a fantastic view of the city and in a great location within walking distance to the city center. Four of us slept comfortably, each with our own room and bathroom and the structure of the apartment allows for plenty of privacy between the rooms.
Additionally, the owner and manager of the apartment were extremely pleasant, helpful and well organized.
We have nothing but praise to share and will certainly recommend Pancrazio to anyone interested in visiting Taormina!