Five stars all around. The apartment is as good as it looks on the web and the communication with the host was flawless. Note that there a three flights of stairs (no elevator), so keep your bags light. The surrounding area is lively (a feature of this location), but that means there is street noise in the evening, especially on weekends. The bedroom doors can be closed, which combined with closing the living room windows, makes for a quiet sleeping area. The fold out bed in the living room is a little noisier, but nothing unusual for anyone who has lived downtown in a major city.
Easy walking distance to many tourist sites and only a few minutes walk from the Baixa-Chiado metro station, which is easily reached with only one train change from the airport. The small grocery stores nearby are quite expensive, so walk a little further to the Pingo Doce near the Rossini for better selection and better prices.
Overall, great value in a great location. Hope it’s available the next time we’re in Lisbon.