This was our favourite place that we stayed in Thailand. Sarana Bungalows had a chilled-out vibe; there is a bar where we got chatting to people at night, the staff were really helpful, the bungalows were comfortable, the massages on the beach were great value and very relaxing, the pool was a good size and the beach views were great.
While having good food at the bar, the venue is also close to a 7/11 shop, as well as a lovely Indian restaurant (Namaskar) and a great lunch place which serves Thai food (The Chic by the First Time) where I would recommend the fried seafood rice dish. Fishermans is accessible by foot via the road or the beach and it amazing for dinner. We were advised to book for dinner as it was quite busy, even though we were in Koh Phangan outside of the Full Moon Party time.
Enjoy your stay at Sarana!