I stayed in room 12, which is a junior suite, the more expensive tier in this hotel (double the other room rates). This was a pleasant room with balcony, AC, TV, large bathroom. It is on the older/rustic side; and was cool and clean. From the balcony, you can see the beach/ocean. There is restaurant on the first floor - it did not bother me.
Bed was very large, and the right level of firmness. There was a net around the bed, which gave it a royal feel.
Owner is very nice, and he has interesting stories to share. He used to be surfing champion of Costa Rica; AND a golf champion.
Few things to be aware of:
This is hotel at the entrance to town. You are extra few hundred meters away from the action.
While it is a beach front hotel, beach is a long non-paved walk. In room 12, view of the beach is blocked
There are various animals running on the roof at night; and it sounds like they are running in the room. It can get very scary, and having ear plugs may help you. Also, there are small monkeys, that yell very loud - it is also rather intense.
This is a very small hotel/motel. Not much of a travel desk. You will need to use someone to else to schedule / find yourself trips.
Net-net - it was a pleasant, low key stay. Because of location on the edge, you may use Uber more often ($5 usd to any part of town). I am not sure if the price/value ratio was balanced at the time of my stay - and this is Tamarindo, where everything is expensive.