Amazing location, there are metro, bus station, supermarket, restaurant and a great coffee/breakfast place right under the building. The view is amazing, the neighborhood is peaceful and mostly you will have everything you will need for your stay. However, keep in mind there are some issues with the cleanliness. It's mostly designated for students and bathrooms are rather smelly (there is generally a problem with narrow pipes in Lisabon and in some places you have to throw all paper into the trash) and not all common places will be clean enough for the high standards. Good value for the money though.