Great location right in the heart of the old city. It's a very small studio, but still you get a lot more than you would for a hotel at this price.
The one issue is that on a hot day, you really need to leave the windows open as there is no ac. But, when you do, anyone walking down the street sounds like they are in the apartment. Fortunately, it is a very very quiet street, especially considering it's in the heart of the city.