We have been using Airbnb a lot of times and has so far been very satisfied with this kind of "living away from home". I always both read the description of the accommodation made from the owners, but also the review from those that have been renting in advance, before picking my spot. In this case we were renting this apartment before there were any reviews and had to trust the description of the place, which sounded wonderful. All the positive things that have been listed are correct. However, one very important information was missing and that was about the loud music playing every night from the Flamingo bar and nightclub from 10 pm until 2.30 am. So before choosing to rent this apartment, be aware that it is located in a very noisy area at night.
We also experienced constructional work going on in the building for 7 out of our 11 days of renting. It started about 7 am in the morning and continued during the day. It was so loud that we could not sit in the kitchen and have our coffee in the morning. We also "lost" the water for a full day without getting any notice in advance.