The apartment is in a solid location in the Alfama, perfect for exploring the neighborhood and downtown Lisbon. There was ample space for our family of five, and the wine / cheese were a nice welcome when we arrived. The main bathroom, the shower in particular, could be improved, especially if staying with a group. Given the layout of the building, there can also be some noise from neighbors walking up and down the stairs when coming and going from the other apartments, but generally not a big issue.
Overall, the apartment is a relatively good value based on the location and the access it provides to a wonderful area of Lisbon.