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This property worked really well for us (2adults, 2 teens & a dog). It is at the 'top' end of town and 5- 10 minute stroll to the centre either on the street or by the footpath around the coast. Mundaka is a lovely little town with a buzz, when we were there, of the Spanish on holiday.
The apartment is practically and attractively furnished (thanks to Ikea!). It has been converted from a former office space on the ground floor of an apartment block so that the front door opens into the second bedroom which has non-opening windows (a bit hot at night during the very warm weather). The rest of the flat is up a small flight of stairs and is very airy .
Note that the parking space is not within the building. It is in an underground car park about a ten minute walk away, but we were able to park around the back of the building to load/unload so it wasn't a problem and we certainly didn't need to use the car when we were staying in Mundaka. You can even get a train into Bilbao from the station which is very near to the flat.
All in all, we had a lovely 4 nights in Mundaka and hope to return one day.