Centrally located 2 rooms small apartment with the necessary amenities for even cooking and having breakfast. The views towards Alfama and the river is one of the greatest assets as the sun comes in in the morning and you enjoy the city from this private point of view.
It is located in an old/historic part of the city so I guess at as it happen to the majority of the buildings you have to have a good balance to ascend and descend the narrow and steep stairs (carrying a check in baggage can be challenging ).
It is a great place for visiting the city as you can reach many worth seeing places by foot and still have these wonderful views that you find in picturesque small towns by the sea.