Overall, we had a good time during our nearly two week stay. The neighborhood was lovely, and we enjoyed that part of the experience. The general vibe of the area was mostly quiet and peaceful. The feel of old Alfama exists here, but don't expect chocolates, coffee or bottled water at this apartment. It is appointed with lovely dried flowers, but it is dry of luxuries. There are a lot...and I mean a lot...of tourists moving about the area, but this location is in a more peaceful spot than most. We think the location is a 5 star location. And, there is a world class chill bar called Santa Pausa with excellent thoughtful food right across the alley that was the highlight of our visit to Lisbon. They make each cocktail and meal with great care and love. Go there.
What I wish I had known beforehand is that this apartment is not as modern as I believed. If you are accustomed to sleeping on a comfortable mattress, this will feel like camping. We both suffered, and we would have had a better time in Lisbon had we been able to sleep properly. The lack of air conditioning combined with the outdated mattresses affected our ability to get good rest.