Positives: Plenty, plenty of room! In addition to the 3 bedrooms there is a huge front room, a patio by the pool, and an upstairs room overlooking the pool that could be an office. A nice bonus is the pool table, which has seen better days. It was quiet, away from the noise of the busier parts of Granada. The pool was nice-sized. AC's in the bedrooms worked good. The management team was helpful and easy to work with.
Negatives: The decor can best be described as "rustic" and I'll leave it at that. If you don't like walking 6-7 blocks in the heat/humidity to get to the restaurant area, then plan on using taxi's a lot. The maid showed up inconsistently and didn't do much when there. If hot water is important to you, there was none when we were there, so make sure and ask the owner if it's available now.