Very well situated and easy to find from the train station (easy and picturesque walk). Check-in and check-out were a breeze, and Gianmarco and the other gentleman were very helpful and nice. The view from the rooms and balcony are spectacular, as is the building it is housed in.
The negatives: the bed was very uncomfortable and I could feel all of the springs digging into my body, there was no place to hang anything (like the towel after a shower), and the shower head was loose and pointing at the wall (so I had to hold it the whole time).
I paid the same for a slightly less centralized location that was much more spacious and comfortable. Good value for $48? Maybe.