I stayed here for a week in March, and found it to be perfectly located in the Alfama district of Lisbon. It's very easy to walk to lots of restaurants and sights, but keep in mind that it's up a bit of a hill on a pedestrianised street (so don't pack too much in your suitcase!!). The place is compact, but clean and comfortable. There was a bit of a leak in the bathroom, but I was told about it when I arrived and things like this are to be expected in historic buildings (I live in one myself!). Communication with the hosts was great, and check in and check out were both very easy. I recommend this as a nice base for 1-2 people if you want to be in the heart of historic Lisbon.