The guest house is located right in the heart of Lisabon's old town. This is very convenient if you are on a short visit of Lisbon and want to see as much as you can while having a base near all the main tourist places. On the other hand, it is extremely noisy at night and there are dozens of street drug dealers who will constantly try to sell you stuff. The accommodation itself is great, it has all you need for a few days in the city. One thing to be aware of is that there is only one bathroom on the floor, so it might take a while before you get a chance to slip in in the morning. There was also no hot water while we were there, but that might have been a temporary issue. Overall, I'd recommend the place on a first visit to Lisbon for people who don't mind sharing bathroom/kitchen with others and can handle the noise coming from the streets at night.