My wife and I really enjoyed our stay. The location was amazing, check-in was smooth, and all promised amenities were present. Listing was extremely accurate - you're getting a teeny studio right in the thick of things in Alfama. I probably wouldn't stay if I were 6 foot 6, but we had enough room for just the two of us.
This review is for four stars instead of five because the bed and pillows were extremely uncomfortable, and that affected both of our sleep during our night here, especially with the sun coming in quite early in the morning.