All in all, I think this has to be one of the best places to stay in Alfama. The best part is that you can just open the balcony windows and see and hear fado, starting at about 5:30, which is much earlier than a lot of other areas in Alfama. If you shut the windows, you barely hear anything. You will hear the restaurant moving all the tables and chairs until about 12-12:30 in the morning, but that is a small price to pay for very good and free music every evening of the week. The location is excellent because it is near the bottom (closer to the river) part of Alfama, so there's barely any climbing to get there. Within the building, you only have to climb one flight of stairs, and the stairway is not steep and fairly wide. The amenities are excellent. It is easy to walk to the Se, the Sao Jorge Castle, the "thieves" market, and the vista overlooking Alfama (just the the stairs to the left of the apartment, as you're facing the apartment, and go all the way up to the street above). If you're a light sleeper, you can hear the people upstairs walking around, but that's not as problem of everyone goes to sleep at about the same time. The location, amenities, cleanliness and good size of the apartment, and fado are well worth such small inconveniences.