This is a great place to start to know Lisbon in general and Alfama in particular. Nice places to have breakfast or diner around and easy access to several attractions or public transport.
The balcony in the front is great and the views are nice. We had some restless nights in the weekend because of the crowd around the church singing till 5 in the morning, hope that is not regular in the weekends. The place was clean and well provided with the basics.