This AirBNB is in the perfect location, close to two great parks, excellent restaurants and some of the best shopping on Principe Real (21 PR Concept Store was a favorite as well as their sister boutiques). We are so glad we stayed in this location which is active, but not at all touristy like Bairro Alto. The apartment itself is bright and sunny and has a nice patio. The kitchen is spacious and nice for cooking, but is not well stocked with essentials (no oil, salt/pepper, Nespresso coffee pods, etc) so you will need to come prepared with those.
The beds are very comfortable, but there is no AC in the bedrooms so if it's hot outside, those rooms do get quite warm and there is only one small fan (at least when we were there). The main living space does have an AC unit which keeps the rest of the apartment very cool which is great, but for sleeping it's good to keep this in mind depending on what time of the year you will be traveling. You can open the windows in the bedrooms, but there is a good amount of street noise, so there's a trade off there.
All in all, we really enjoyed this AirBNB. It's in the ideal location, it's clean, bright and spacious. And if you love a good cappuccino, I had the best one at Pão de Canela!