I should start by saying the value here is pretty phenomenal. Yes, it's an old building with all the "charm" of an old building. It feels very European, think smaller rooms and bathrooms. But the distance to the beach or even downtown is pretty solid for the price. I'm going to guess as they continue to renovate this building (it's already partially renovated in some rooms), the price will be climbing, so enjoy it now while it's cheap but remember you WILL get what you pay for. I wouldn't recommend staying longer than a couple of nights, but it's a great place to lay your head; and the staff there (I believe they are a family) are SUPER nice people.