Ulrik's place was great value for money.
It looked like the pictures (beautiful view); was in a fantastic location; was quiet altho on first floor (may depend on fellow guests); came with a modern AC that was great on chilly nights; and had an extremely responsive and professional host who provided helpful guides and easy self check-in without the fuss of coordinating meetups with bad or no phone service, etc.
The only shortcomings were ones other guests have already mentioned. The shower floods, and the pillows are rather thin. Kitchen also might be limited, but I didn't really use it.
Wifi was also spotty one day, but apparently Ulrik installed better service the next day---I was out all day so didn't get to test it out.
Last thing: take a cab from the airport! The hills from the Martim Moniz metro are very steep and cobbly.
Overall, I would definitely consider staying here again.