If you are visiting Nicaragua with your girlfriend, this locations is perfect! I stayed at La Casita which is a nice little apartment behind the main Casa. The apartment had a VERY comfortable king bed (wish i could've brought it back home with me), and all the amenities of a house such as large refrigerator, big kitchen, stove, oven, washer, dryer, flat screen tv, reliable wi-fi, A/C, fans, futon, etc. It also counts with an electric generator with an automatic transfer switch that turns on when the electricity goes out. (and it goes out a lot). During my stay, the water heater was broken and we had to shower with cold water which was a setback for us, but i'm pretty sure this is something that has been fixed already.
The location is very close to Panga Drops and relatively close (walking distance) to Colorado's. The location is in a very secure part of Hacienda Iguana and it also counts with a private security guy that makes sure everything is even more secure. Make sure to stock up on groceries at the Maxi Pali before arriving there because there are only a few and VERY expensive markets close by.
The guys in charge of the property are really cool guys, especially David, which has contacts for anything you might need. He gave us the number for the local fisherman (Manuel) which became a really good friend of ours and brought us fresh mahi-mahi, lobster, octopus, shrimp on a daily basis, he even came home at night to cook us some local fresh ceviche. Also David has contacts for surf/fishing boat trips, horse rides, massages, and everything else you might need. He is always available on his phone or whatsapp.
The only bad experience for me was getting bit by a scorpion while looking for something inside my surf bag, but luckily, scorpions in Nicaragua are not deadly and all i got was a weird numbing sensation in my tongue plus a burning sensation on my hand equivalent to getting burned by a cigarrette. A great tip is: make sure to look inside any crevices or exposed pockets, corners, etc, before putting your hand inside.
Apart from this.. i can't wait to get back to Nicaragua and stay here again!! We fell in love with the offshore surf, the volcanoes, Hacienda Iguana, Popoyo, the culture, the people and everything!! If you have the budget, I recommend renting a 4x4 diesel and exploring Nicaragua. Also, download an offline map of Nicaragua via google maps so that you can use it while driving around.. it is a VERY precise way of driving.