Very well located...hilly, but half way down to the trendy n luxurious shopping district, n walking distance up to the scenic n beautiful part of Lisbon which up the hill. Perfectly located for a shopper like me! Do get a cab from the train station or airport if u hv huge luggage as trudging up the hill may not be easy to reach the unit. N no elevator in the apt too...so be mindful of that. But the unit itself was good, clean, n windy...u get wind going through the apt which we like very much.