Tim's place is fantastically situated right in the center of old town, next door to the Royal residence, the main Cathedral, and only a couple of blocks away from just about everything. The sandy part of the beach was about a 15 minute walk through the edge of the lovely town.
Check in at the top floor apartment was exceptionally easy. The apartment is small and just right for a couple. My advice is to travel light because of the 67 steep stairs to the apartment. The climb was worth it for the location and the balcony. Based on other listings in the old town area, I think this is a normal part of living there.
You can expect a lot of personal privacy at the apartment.