Hi, I got back from there this week.
It's a very nice place and the people are great. The pool has a nice wooden decked area with comfy seats/sunbeds great for chilling. It's very clubber friendly as all the staff like to party too. It's also a bit of a "faces" haunt (like the base bar) so it was cool to see some of the people that drifted in to see Jason on most days. The hotel is quite old(but refurbished over the winter) and the rooms are small but it is clean and comfortable and airconditioned. Things like the GYM are not yet operational. On the downside when we arrived our room had no furniture apart from beds - the but as the Ikea shipment that arrived a few days after us was built we got chairs, wardrobe, table etc in bits and pices over the two weeks, LOL. This sounds bad but we didnt let it bother us and the only regret is that we missed out on the cool finnishing touches - so you are getting there at a good time. I think most things are done now and I think it will be really nice once they are. Little touches like lillies in the pool and flowers/candles in the room etc.
The food is really good too - they have a top chef but it's not the cheapest - we ran up a 1200€ food/bar tab between 2 people!!! Too many vodka lemons in the bar and lamb/limeleaf burgers for lunch
The location is OK, handy for most clubs / Ibiza town (about 20 - 30 min by foot) - Taxis = 15 -18€ to Cafe del Mar, 5-7€ to Ibiza town.
I think it will quickly become a notorious place

I would go back for sure but not if I'm on a tight budget!
Hope that helps and enjoy your stay
Paul