A beautiful designer hotel, with lower prices than regular ho(s)tels. The room was very cosy and functional, with arguably the most comfortable bed in our 2-week stay in Portugal. While surrounded by restaurants, the sound-proofing is good enough to not be bothered by them... unless AC dies (as it did on our last night) and then you can hear how alive Lisbon really is during the night. Being close to both a metro and a train station made it easy to go for day trips to Evora and Sintra. There was a nice shared inner-terrace as well, which was mostly empty, but allowed us to grab some cheeky beers before going to bed.
Highly recommended.