For the off season price, you definitely get a lot for your money. The building is fully renovated, the bed is comfortable and although the furniture is basic, it isn’t tacky like other Airbnb’s. Generally a nice stay.
However in high season, simply because the apartment is basement and quite dark in the living room, dining and kitchen I’m not sure I’d pay the premium price. Lapa has too many other Airbnb’s to deal with that.
Tip: Do not eat/use the lemons from the tree in the terrace! Cut one open and you’ll see. Do make sure your phone is always charged as entry to the apartment is digital .