When we initially booked the apartment we were excited about our stay judging from the photos. Nevertheless, the apartment didn't live up to our expectations. Minor but important details were crucial for that. Like the fact that the door in one bedroom was not closing and lock was faulty (so no privacy), the two legs of the table in the dinning room were supported by books and made it unstable, few issues with hot water and finally (since we visited December) the fact that the heating was possible through portable radiators.
The apartment is very centrally located in the heart of Lisbon and that's a big plus and gives you a rustic essence to your stay. Ines and Antonio mention the 3rd floor with no elevator, so it needs not to be taken lightly by the visitors (as we did) since 60 steps up and down are not for everyone !
Hosts were very responsive.
We booked our apartment only a month before our stay and therefore our options were limited. Given the time of the year we visited we believe that if we were more proactive in our search, a better value for money apartment could be found.
P.S.: Beware that the hosts can not guarantee that they will be able to store your suitcases until your flight departs (check out is strict at 11.00). Therefore we had to find a luggage storage place to leave them which cost us an additional 24 euros for 5 hours (for 4 small in-cabin trolleys)