In a fantastic location, once you have made it up the hill from the metro, although this only prepares you for Lisbon on the whole. :) Nearby bars and coffee shops offer decent choice very close by. Loads of storage space and good communal areas, well equipped kitchen if you are not tempted to eat out all the time. Interesting and well laid out interior. If there were 8 of you, the only downside would be the 2 bathrooms to cater for that many.