Great location! For me, the Mouraria is the best neighborhood in Lisbon and you can enjoy very picturesque (i.e. Instagramable) streets everywhere. But be prepared - stairs abound! The apartment is very small - for us it was ok since we used only to sleep and shower anyway. But if you like to hang out indoors, look elsewhere. Bonus points for the AC! The bathroom had a funky smell - we bought a scent candle ;)