We had a really great time here. The space is huge (we were 8 and had more than enough space), and its very close to the beach. Perfect for surfers as theres a nice break directly infront of the house, or a 10min walk to Ribeira d'Ilhas (and in general, all spots in/around Ericeira are reachable without a problem). Town center is also a short walk away. Definitely worth the money.
Only mild issue we had was that the neighbours are very strict in regard to noise levels. But other than that, we were very happy with this AirBnb.