Note: According to our user Synpax, Lung Pae Restaurant is now out of business.
Cheap, very delicious traditional Thai food, but also western food and BBQ meat and fish. For a starter the 'chicken satai' is recommended. Their 'yam nam tok nua' (waterfall style beef) is superb! Great lassi's and shakes. Very cosy environment with lots of colorful lanterns. Excellent view, and chill music. Very good cook and friendly staff, runned by Lung Pae ('uncle Pae'). Not so far from the main road as you might think. Also, Uncle Pae will collect you for free, from any place on the island, to bring you to his lovely restaurant if you call him!