It is a really good option, very good value for the price. Its location is perfect and you are only steps away from Old Town and from main square to meet other people, grab a taxi, or have dinner. The breakfast they offer included in the price is very good and you have a great view of old town (just as shown in the picture). The room was clean, quiet, AC working perfect. In general I strongly recommend it.
One additional note, in my particular case we arrived at midnight due to flight delays, and one lady (believe part of the owners) waited for us until we arrived to the property and considering it was very late and after a very long trip (from Mexico) she had for us a light dinner and a couple of drinks ... I forgot to ask her name ... but if you see this message ... a BIG THANK YOU, you were so kind with us !! ... I will always remember this from our trip to Dubrovnk !!