Pros:
1) Center of nightlife in Lisbon
2) Central location to most tourist spots
3) Market across the street and bakery in building
Ana and Hugo sent lots of recommendations about check in, food and tourist attractions a day or two before arrival, before that communication was quiet.
Cons:
1) Bar noise from downstairs until 3 am every night
2) Paying USD$5 for key from locker
3) The other room is rented out to Airbnb guests so you don’t get to chat with tenants