Whilst this location is great for being at the centre of life in Lisbon, beware it is VERY NOISY at night. Particularly Saturday and Sunday nights, well into the early hours. Most likely Friday night too but we weren't there on that night.
Pedro and his team are great hosts, I would use them again. However, I do have some complaints and suggestions with regard to attention to detail. Some of these may not matter to some guests but I found having a toilet seat that was falling off and a broken wardrobe rather annoying. The response to fixing the toilet seat was fairly swift, however the work was started late at night and we were left without the seat overnight - we were not at all happy about this, Pedro and his team apologised and it was fixed the next day.
As far as I know the wardrobe doors still aren't fixed and there is a lack of lightbulbs - this seemed to be a reoccurring theme as the same was true for the lights in the office. This kind of thing isn't terrible, but to me it shows a lack of care of attention to detail. However, as I say, it wouldn't put me off hiring a place from Pedro and team because overall they're extremely professional, nice people and good at communicating.
Overall we had a great holiday, these minor points such as the toilet seat and wardrobe didn't deeply spoil anything for us, Lisbon is a fantastic city and we absolutely love Portugal and the people.
The noise was painful though, and I have learned my lesson to not stay in the nightlife centre of a city.
Plus, in future I would always phone the host to discuss requirements in order to avoid this kind of issue happening again.