I stayed here for four nights and was really impressed by the place. The rooms are spotless, spacious enough and modern. We were lucky enough to get a room on the 6th floor with a balcony looking out at the Acropolis. It was a little cold to make use of the balcony, but its big and would be great in the warmer months - the view was fantastic in any case. There is also a roof terrace in case your room doesn't have a view.
The breakfast (included) was absolutely fine - various breads, croissants, cereals, eggs, salami, yoghurt etc. I'm not sure why other reviewers thought it was crap. There is also a mini-fridge in the room which is great after you've stocked up on goodies from the central market which is about 1 minute away.
Yes, the area is covered in grafitti, but so is pretty much all of Athens. There are some great little bars, cafes and restaurants nearby (just turn right out the door of the hotel and walk 1 minute).
It's a 5 minute walk from Monastiraki metro - just walk across the square, cross over Ermou and head up the road the has the pharmacy on the corner (green cross). You come to a little plaza with a bunch of restaurants and bars, walk past them and veer slightly right.
The staff are friendly and helpful.
I have to go back to Athens in January and I'll definitely be staying here again!
Room Tip: Sixth floor, facing the Acropolis.
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This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC