The place is good for a couple nights or a week maybe if you are trying to be close to the main attractions and just enjoy Lisbon. It is however not so comfortable for longer stays (we stayed for a month). The bathroom is tiny and there is not much hot water (as already mentioned in many comments below), it definitely needs a renovation as the room is falling apart and has a fowl smell. The building itself probably has some sort of plumbing issue because as soon as you walk in to the corridors, there is a horrific smell. The kitchen is not equipped for cooking (we had to buy a pan f.e.). We had so many issues with wifi and often had to go to work at a cafe because we lost connection again. The tv did not work and we did not manage to get any help although it was promised that a technician would come have a look. We also had a very bad experience with the neighbors who were being extremely loud from early in the morning til late at night. We asked them to be quiet many times but it did not help, even after the host had asked them as well. All in all, the space and location is good (if you don’t mind walking up and down stairs a lot). I would definitely recommend it for a short stay in Lisbon, nice views from the balcony and many restaurants nearby!