We had a good stay, the area is central and not far from the bus station. its surrounded by restaurants and shops. For the price its a good place to stay in Venice if you will be spending much time out anyway. Its a bit dark in the flat and the bed is making sounds when moving but other than that the kitchen was fully supplied for cooking and everything went good with the key exchange. In the beginning we thought theres a table with chairs in a yard to sit, which there wasnt.
But in total for all groups with a lower budget in an expensive city i can recommend :)