We thoroughly enjoyed our stay at Margarida's place right in the middle of the Alfama District. All the main sites are easily walkable. We found that walking down stairs whenever you could led you to the central part of the area and enjoyed restaurants, cafes, alleyways, vistas, and interesting sites. All in all a great location from which to explore.
The unit had all we needed and the grocery store across the street made it easy to utilize the kitchen for multiple meals. Our family of four fit well in the unit. The views from the flat were helpful to get above it all and take in the breeze. When we return to Lisbon, we would stay here again!