The location was excellent, right in the middle of Rua Augusta, one of the main streets of downtown Lisbon where all the action is, and it's very centrally located. The host was very easy to communicate with, and the directions were very clear.
The apartment does, however, need some work/maintenance to match the pictures.: peeling paint on a number of the walls; the shower in the master bathroom leaks and puddles onto the floor; the sink faucet is not adjusted properly, and sprays to the sides; and almost half of the light bulbs in the lamps and chandeliers were either missing or burnt out. I did ask the host to fix them, and she replaced many of the missing light bulbs the next day, but there were still a bunch missing, making the rooms much darker than the photos. The entrance to the building is through a gift shop, which was not a big deal, but probably should have been mentioned up front. Also, be aware that the apartment overlooks a crowded street with musicians and cafes and it's pretty noisy until 12:00 or 12:30, at least in the bedroom with the two beds.