The listing's location is excellent. It is very close to Bairro Alto which is the centre of night life in Lisbon. It is also close to a beautiful view point, the metro and train stations and many coffees and restaurants.
The listing is facing two streets and one of them is the tramline. So, expect to have some noise.
The only downside of the listing was the stairs in the building in which the listing is located. We found them very narrow and difficult/dangerous to go down.