This is a guesthouse on the top two floors of a five storey hotel. It may be suitable for young travelers or backpackers, but we found the room to be small and unattractive. There was a second tiny room we used to store our things, but the light didn't work. The shower on our side of the guesthouse had no hot water, so we had to wait to use the one on the other side. The building is quite old. We thought price was high for what you get.
On the positive side, the location is great, convenient to many restaurants and downtown Lisbon sights.