If you want to experience being in the centre of the old city and walking distance to all the historic sections as well as easy distance to the Douro river, this is the place for you.
Be prepared for a lot of hills and stairs around this part of town --- the view from the room rewards you.
The room is very small but made as comfortable as possible in the small space. There's a little kitchen counter with dishes -- so don't hesitate to bring back a bottle of good Douro Valley wine or a Ferreira port (do the tour!)