We stated at Pateo Santo apartments in November. The apartment was small, but had everything we needed. It was modern, clean and comfortable. The staff were super helpful and welcoming. Lovely little terrace. The price was very good. The only problem was it was a bit hard to find, with no real sineage.
Very central with lots of good restaurants nearby.
Would happily recommend. Good value for money.

The location is excellent but there a few cautions to be aware of.
It really is a case of reading the fine print and/or asking some pre-booking questions about what a 'fan' means and as a result how it affects air conditioning.

1. These apartments are not air conditioned. There is an electrical fan provided to each unfortunate soul who has booked their stay during a period of high temperatures. It is probably of the value of about 12 euro/15 US dollars quality.
It is a standard plug in fan.
The rooms are unbearably warm as a result. The air simply does not circulate despite all windows being open. It is cooler being out of the apartment than being in it.

Windows cannot be left open when you leave the apartment due to security reasons which makes it like a sauna when you return each day.
Having the windows open while home makes privacy impossible and so watching tv is out also because you cannot have the sound up very high.

This makes it incredibly difficult to sleep. It has led to upset among many people staying here who have made the same mistake as I did when booking and are suffering now as a result. I have stayed here the last three nights and have one more to go. Trust me when I say if I had known, I would have cancelled without hesitation but the insistence on payment before giving over the keys is almost always a sign of an owner trying to hide something.

In most places, I have stayed where it states fan. It means a ceiling fan and not a desk or table fan.

2. The bathroom is tiny. The shower has no holders for shower gels so you have to (with great difficulty) bend down to try and pick up the shampoo/shower gel/conditioner you use in a space that is smaller than standing in a old phone box.

It is a pity because, the location is good and we wanted it to be a success but certainly the overwhelming heat, lack of a real air conditioning system means that this apartment complex is a non-starter during periods of hot weather.