The listing is very accurate! This flat is in the heart of the old town of Alfama and there is plenty of exploring to be done on foot. I had rented a car at the airport and luckily found a spot in the parking garage at the Portas do Sol for 45 euros a day. But, best to wait to rent a car until you are ready to leave Lisbon to see more of Portugal.
The apartment is nicely decorate and has a great vibe.
Unfortunately, there is a new building being constructed right below the windows on the bedroom and since they need to be open at night to cool the place off, be prepared to be awoken by the sounds of construction workers toiling away in the morning. Wasn't much of a problem for us since we sadly only got to stay one day due to an American Airlines screwup that had us stuck in Philadelphia for 24 hours on the way over.
But, the building looked close to being finished and with luck it will be done when you plan to travel here. Check with the hosts!
If you are a foodie, don't miss out on dining at the 1 star Michelin restaurant called Feitoria!