The location is fine - right in the middle of town and we enjoyed our stay.
Describing the apartment as "luxury" is a bit of an overstatement. The accommodation is basic and needed redecorating when we were there. Various things were missing - the owners replaced them but it all took time. They were reluctant to do anything on shabbat, which is fair enough, but difficult for us as we arrived on a Friday.
The intenet access provided used a dongle and just did not work very well.
One other thing - lots of noise at night time from the air conditioning units of the restaurant and other apartments, which seem to be right outside the bedroom window. more