My husband and I stayed at Villa Verde for three weeks over the holidays. The property is just as nice as it looks online. We found it very relaxing to sit on the expansive balcony in the mornings and listen to the many birds, watch the iguanas, and the stunning view of Banderas Bay. On two occasions we even saw whales from the balcony!
The apartment itself is quite comfortable. Beds were more comfortable than any resort I've been to in Mexico. There are many small perks not advertised online, for example there is a water bubbler in the unit, so no need to buy your own bottled water (perhaps bring your own bottle for excursions to refill). There is a nice beach bag and insulated grocery bag provided. The beach chairs have built in insulated storage that make them easy to bring everything you need to the beach. The cleaning lady came weekly (ask when so you can plan to be out of her way). We cooked in frequently, and the kitchen had all the basics you would need. Things like salt/pepper, dish (and laundry) soap, kleenex and paper towels were all provided.
It is very safe and quiet feeling.
As others have mentioned, it is a steep walk to the main road but manageable (you will be in better shape when you leave!) Getting to the beach carrying the chairs was easier than I expected.
The bus system is relatively simple to get around. We even used it go to the botanical gardens (a must!) as well as some beaches south of town.