The loft is every bit as charming and colorful as the pictures suggest, and we really enjoyed our stay there. Despite its location in the very heart of Baixa/Chiado, the loft itself is really quiet. The loft is equipped with everything you might need during your stay, including air conditioning and a phenomenal view of the castle and the cityscape of Baixa/Chiado :)
The location is really central and many of the sights (among others: castle, Elevador de Santa Justa, Praça do Comércio, streetcar 28 from Martin Moniz) can easily be reached by foot. Various supermarkets and restaurants/cafés are also nearby.
If you travel by taxi (or similar) we recommend getting off at Rua das Farinhas 1, since the loft is located in a narrow alley. Coming from Rua das Farinhas it's a ~3 min walk to the loft, without the need to climb any stairs ; )
Last but not least: Zé is a great host, he is very quick to respond and very helpful and communication with him was always straightforward and pleasant.
We look forward to visiting Lisbon and Zé's loft again in the future :)