Pros:
- Good location: right near some good bars and a coffee shop and some restraunts; just across from the Jewish ghetto
- Literally right next to the canal -- boats going by aren't that loud, although every now and then someone will blow their horn
- Quiet
- Between the A/C and the ceiling fan, you can keep cool in the summer heat
Cons:
- We did have to deal with a few annoying insects: midges anywhere it's damp, and ants will appear if a single crumb falls on the floor
- The shower didn't drain properly, which meant the floor would flood (something I saw on another review from a couple years ago)
- The bed is a floor mattress, and very stiff. It's not the height of luxury, but as others have said, you can take one of the softer sofa beds if you want.
Be prepared for a bit of a trek from the train station. It's only fifteen minutes but you go up and over a few bridges on the way, so try to time your arrival to avoid the heat.