The loft is very very nice, everything seems new and nicely decorated. Its location is perfect, right where you wanna be, and really close to everything. André the host was very helpful and committed to make our stay a good one.
There is a restaurant almost in front that serves dinner and Fado, it is a bit expensive, but it was one of our best meals in our eurotrip, really good and worth it.
Be aware the loft it has only 1 bathroom (2 showers), so it might be complicated if you are a big group. The sleeping area has all beds really close to each other, and separated only by curtains, so I heard my father snoring all night long...LOL!! However we were all family, so it was no problem.
Besides that, we loved it, I definitely recommend it.