I have mixed feelings about this place. It is in the lower price range and probably, compared to most budget places, a good choice. We chose it because we wanted to stay in a hotel in town and have more options for tours, etc. For the few days we spent in Cayo, this was probably a good option. If you go to the "resorts," you are usually stuck there, but with the small hotels, you feel more available to go to eat wherever you like and use the tour guides you like.
So, here are a few things about The Aguada. I think that if you have an open family-style hotel, you should reconsider because of the Rottweiler dogs that wander around the premises without leashes. I never heard a peep out of them or saw them come after me, but it just seemed creepy and uncomfortable.
The other strange part of our stay was the beds. The mattresses have seen better days. They were not all that comfortable, but more disturbingly, my husband woke up with small itchy bites that were definitely NOT mosquito bites and definitely not obtained anywhere else.
Otherwise, the one younger lady that works there is amazingly friendly and helpful, as she gave honest opinions on what to do. The other staff members were so-so.
The rooms were quiet and the bathrooms were sufficient. And most importantly, they have air-conditioning.
There is a pool, but it seemed dirty and no one was ever in it.