The Albuqueque guest house is located in a charming part of Lisbon in a stylish 30s building far from the crowds of downtown. For us it was ideal as we were close to the university where we needed to be yet also a short metro ride into the centre. Alvade is a gem of an area, quiet streets, deco apartments, nice cafes and bars (we loved Fermenta on the corner for coffees and sourdough toast).
Highly recommended and great value for money.