The appartment is perfectly located: near all tramways, the waterfront, the pedestrian streets with all the restaurants and shops. It's on the 4th floor but there's an elevator. The pictures are really representative of the appartment.
However, because it's located in a popular neighborhood, it's noisy at night, and as there are no fans in the rooms, windows need to be kept open, which is a bit of a problem.
But apart from this, we really had a great time in Lisbon! We were 3 families : 7 adults and 5 kids and the appartment was perfect for us!