The 36-room property features a whitewashed villa complex fronting a secluded 600-foot-long beach. It's now in the talented hands of New York–based art dealer Lio Malca, who bought it in 2013 and gave it a thorough redesign. The expansive guest rooms have polished concrete floors and floor-to-ceiling velvet drapes in shades of chartreuse and royal blue—draw them open to reveal views of the ocean or a lovely garden. Even more striking are the works of contemporary art that Malca has installed throughout the hotel: paintings by Kenny Scharf, giant fiberglass ants by Rafael Gomez Barros, video art of clowns by Marion Peck. Some pieces, like the vintage dentist chairs perched on the second floor, can be a little unsettling, but the Keith Haring–papered bar is cheery, and the lure of the wide beach and blue-tiled pool are undeniable.