Great value for this price. Not exactly in town centre but close to a tram/bus stop (Cais Rocha) and will get you to metro/train station (Cais Do Sodre) in 5 mins.
Very quiet place to stay, but you will still find some good breakfast places around (personally recommend La Boulangerie, 5 mins by walk). The size is perfect for lone traveller like me but a couple will have no problem either. The bed is very comfortable and you will very nice view of river from bedroom and sitting room.
Bathroom needs tweaks. The space for shower is just a space (which is very small) seperated by soft curtains from the toilet, so after shower the floor is wet everywhere. On the first day the carpet got soaked in water because of that, I felt its better off taken away. Hot water is rather weak. Not the best shower experience.
Check in/out was very easy and smooth and Ana has been very responsive.