I have stayed there 10 times over the past few years, so +/- 50 room nights; likely more, now that I think about it - I have a relationship going back to Jose Troyer the former manager -
I like the place b/c of the location, the layed back, non judgemental attitude, the staff, as well as the price - I normally - for a standard room w/ a balcony (sorta...) lately pay $51 or $53 - so $35 is a great price - but you pay it - IMHO - for its location, not for the decor of the rooms - for whatever reason(s) I've always stayed in that section of town - for years at the Presidente (they had a much better breakfast, but I don't come to CR for the food

), now I stay at the Morazon.
For a $50/night, its well priced, but depends what you want - for me, for my needs, its great - I have experienced the dredded elivator failure, but they have always had my reservation, at the rate discussed. I call them directly and don't book online.
For those who like a bar, or need to meet wingmen, HLH or SL is probably a better choice - and it bothers me not at all that many dislike the place - makes it easier for me to get a room

- the $35/night rate is very fair.
Will agree that the Castillo is a good option too, just geographicaly undesirable if you prefer the section the Morazon is located.