This is THE place to stay in Lisbon. This is located in the Baixa neighborhood, with a five minute walk to the water. Near night scene, restaurants, breakfast eateries, coffee. Near the oldest bookstore in the world, famous landmarks. Just a 15 minute walk from the delightful historic Alfama neighborhood. We were first-time travelers to Lisbon and left our hearts there.
FYI - the street can be a bit loud at night with trams, people, and nightlife. It’s not a problem, but you may want to bring earplugs to sleep. I’m a light sleeper but still thoroughly enjoyed our stay!