Great location - you really are in the middle of everything and we managed to walk everywhere - except for our trip to Belem, but tram leaves a 2 minute walk away. Lovely place to stay in Lisbon complemented by great furnishings and lovely city and castle views from the little balconies. Minutes walk from praca comercio and the arch along with bars/restaurants and shops literally on your doorstop. Metro station again only a 5 minute walk and gets you from the airport in around 40 minutes. You really could not pick a better place to explore lovley Lisbon. Yes there are 5 flights of stairs but we managed them fine but be aware!