We stayed here for two nights, we were very pleased with the accommodation. Clean, well equipped and with a great view from our balcony over the old town.
The pool was a nice bonus, great for cooling down during the mid day sun, and the surrounding gardens were well maintained.
As the other reviews mentioned, there are around 100 steps to get down to the main road where you could walk to the old town or beach, but the steps are worth it for the accommodation and great views.
The villa is located just a few minutes walk from the cable car, where you can get a return ticket to the top for 120 kuna. At the top you have the Panorama restaurant with stunning views over Dubrovnik. We booked a table at the restaurant just before sunset and it's a good job we did as all the tables on the edge overlooking Dubrovnik were all reserved. If you were planning on going then I would reserve your table at least the day before you plan to go, and state you want a table at the edge overlooking the town.
Also there is a bus stop at the cable car station where you can catch a bus back to the airport for 40 kuna.