This is a magical neighbourhood to stay in when visiting Lisbon...and the view from the main room is exactly as great as the photo suggests...but the downside to staying in a prime location with views of the Presidential Palace and the most famous pastry shop in the city is that its busy from dawn to late....so take ear plugs if noise bothers you. (The rattling tram just outside starts running particularly early.)

Also:
--The powerful shower is fantastic.
--The kitchen is perfect for whipping up a meal...but don't open the windows unless you don't mind the heat and smell from the restaurant below.
--The 2 internal single bedrooms are pretty but have little ventilation. (...due to the traditional design.)

And:
--Make sure you check out the interesting market in the nearby riverside park on Sunday mornings...and seek out the falafel shop across the street which does salads to die for at less than 4 euros.

All in all:
If you can be flexible, you'll find this apartment chic, homely and well-priced--as well as perfectly located--for a wonderful stay in a wonderful city. I loved it. :-)