The location is excellent, near Alfama and downtown. Buses and metro are nearby. Restaurants also. Most of all, you are practically inside Alfama, or almost, so you can just hike up the hill. The place itself is very funtional. Air conditioning with a unit in each room, elevator, espresso machine, TV, internet. However, I took it partly because a view of the water is advertised. It is possible that in the winter, when the leaves have fallen from the trees, you can squint and view a tiny portion of water, but when I was there, there was no such view at all. There is no view of the water and no view of the city. Just trees and a building wall. I think there is a unit higher up. Maybe it has views.