The location is superb! Very central and 1 min from metro! Couldn't be better. Didn't hear noises from outside as there are no bars around. But it was loud as it is an old building and you'll hear all the other guests who all arrive in different times during night. I didn't realize they had about 7rooms in one block with whom you needed to share kitchen and bathroom. Though didn't experience problems with that. Didn't see the living room as was in the description, but it was fine as we were there only to sleep :)
Our room was nice and sunny-had a beautiful window. Pictures look a bit more beautiful than the actual place is, but the place definately has it's charm ;) An old building and a nice stay. BTW! Best Pastel de Natas around the corner of the same building!!! ;)