We liked Hugo's place very much and enjoyed our 2-days stay there. As many people say, the location is great in a beautiful Alfama with many local cafes and bars with delicious food and fado in the vicinity. The terrace has a little view over the city, which is nice, but there is the S. Jorge Castle few steps from the apartment with a gorgeous (but not free) view and other miradouro.
The apartment itself was absolutely big enough for us and had everything you need (equipped kitchen, hairdryer, towels, etc). We also found it beautifully decorated in a local style (with all these azulejos tiles and old wood furniture). The bed had normal size for us both (not small at all ) and relatively comfortable, but stiff.
The host always responded us promptly and helped us sorting out a little problem with hot water in a timely manner.
I think the value is great for the price, and would gladly stay there again.