We spent 5 nights in Zihua and stayed in one of the Bungalows la Madera suites. The room was spacious and comfortable, but it was the ocean view from the balcony that made our stay spectacular. We loved spending time in the late afternoon cooling off in the infinity jacuzzi, watching families play in the surf and listening to the waves, especially after long and hot days exploring the beaches of Zihua and Ixtapa. It was also nice to be within such a sort walking distance (just a single flight of stairs) to Playa la Madera and within walking distance Zihua Centro. The staff was always around, but gave us plenty of privacy and were there to help when we needed it. It was the perfect place to relax and enjoy the beauty of Zihua and we are already talking about our next stay at Bungalows la Madera! We absolutely loved it!
As much as we loved Bungalows la Madera, it may not be for everyone. The plubming in Zihua is not the best (toilet paper can't be flushed, showers drain a bit slow, etc.). So, if you are super finicky and expect ultra luxurious and plush accomodations and ammenities, you may be happier with a hotel in Ixtapa. Also, there is a steep hill to walk up to get to the hotel, so it would not be ideal for someone with difficulties walking.