Great location, Alfama is an amazing neighbourhood and we managed to walk everywhere from Rui’s place. The 28 tram is also just a short distance away. We really enjoyed the flea market on Saturday morning (Feira da ladra) which is just downstairs. Parking is also really convenient, it’s free and right up the road! There is also a great coffee shop just downstairs.
Would absolutely recommend staying at Rui’s place if you’re in Lisbon!