First of all, we own a time share there and after ...

First of all, we own a time share there and after 5 years there has be no regret to buy at this location and this hotel. Having said this, they remodel extensively and press the owners to upgrade, no reason for us to do so.
Staff is really great and many of them have been there all 5 years. We love the pool, the food, the location!!! You can walk to the Malecon in about 15 minutes or take a bus there. A big supermarket is about 7 minutes walk but even the store in the hotel is well equipped and not outrageously expensive.
Here is what I don't like as much:
The beach is no good for swimming :(
Timeshare upgrade pressure.
So my real rating is more like a 4+ but I think I owe it to the staff to give 5 stars.