What a great, affordable stay in Alfama! My brother and I stayed here for 5 days and were very comfortable. There are quite a few restaurants around and it was just a short walk (15-20 minutes) to the center of the city.
The neighborhood is quite at night so it’s easy to fall asleep.
One thing to note is that the steps leading up to the apartment are quite steep so if you have any problems going up stairs, this wouldn’t be the place for you.