The loft did the job. It was more spacious than I was expecting, which was nice. The bed was also pretty comfortable.
My complaints is that it gets very warm at night. She asks not to use the AC, otherwise you are subject to extra fees. Additionally, we were eaten alive by mosquitoes the first night. By my count, we killed about 10 of them. The subsequent nights were better, but still made us uneasy and sleep deprived. Be aware of this.
If you are okay with walking, the loft is in a decent location - I would say 20 min walk from the areas you would like to see. Other local bars and restaurants are very close. Keep in mind there is also some stairs you need to climb to get to the apartment, which is on the top floor.