The location can't be beat. Because it survived the earthquake, Alfama felt more authentic and intriguing and less touristy than the other places we visited in Lisbon. The view from the balcony was lovely and the neighborhood was cute and friendly. We loved the cafes, bakeries, bars, and restaurants in the small streets just down the hill. It was very close to a lot of interesting historical landmarks and not too long of a walk from the other popular neighborhoods downtown. We felt safe and warm and happy at the opportunity to stay in such a cool area.
If you plan to arrive by car (or taxi/uber), do not follow directions from Waze or Google Maps. The streets leading to the stairs on Rua da Adiça were almost impossibly narrow and our driver was lucky to escape with all the paint on his car. I would recommend getting out of the car near Largo do Terreiro do Trigo and walking from there up to the apartment.
The bed was comfortable enough and the shower was hot and had good water pressure. The bathroom was not well ventilated so it stayed damp for most of our trip. Make sure to bring your own soap and shampoo.