The location is superb if you like a place with a view, far from the bustle of Bilbao and a sense of bourgeois history, this is after all where the very rich of Bilbao´s industrial revolution built their mansions, a curious mixture of British stately home and Basque rural arcadia. Only but is that the Ria gives a not so nice effluent in the mornings, this is a manufacturing region after all.
Hotel is OK although i think the decor is a bit presumptuous and heavy. Trying to be modern but not too stylish. Breakfast is fine and service too. Rooms are fine. My main contention is that for the price they charge you expect a perfect experience in every sense. Much better value in boutique hotels in neigbouring France. Will try to look for something cheaper next time in Bilbao.