Probably, I never got any better value for money than at this hotel. It is cheap and well maintained, breakfast is limited but sufficient. Friendly staff.
Considering that I only paid 65Euro for two nights, I would give it 4 stars, if there was not the noise problem. It is located directly next to the A100 city highway, which makes sleeping with open window impossible. When the window was closed, I tried the A/C, but it was basically as noisy as the highway.
Conclusion: I would definitely go back to this hotel in winter when windows can be closed. During summer a no-go.
By the way, across the street is a decent Spanish restaurant.