The apartment was exactly as described, clean, modern and fully equipped. It is located in quiet neighborhood, 10 minute walk from the nearest metro stations (Rato, Avenida) but you can easily reach the city centre (Bairro Alto, Chiado) within 10-15 minutes walk - best option in my opinion.
Small grocery store is located in the same building and the supermarket is 5 minute walk from the apartment. You can also find some cafes and restaurants nearby. Churrasqueira da Paz, a family restaurant located just around the corner, gives you an opportunity to try great (and cheap) local cuisine. Trying ice creams at Nannarella Gelati alla Romana is also a must.
I would definitely recommend this apartment.