My wife and I we spent 3 nights at the hotel and I would recommend to others with no doubt
we were impressed by the silence, by the very kind staff and by the nice location
Yes I think the price is ok for the whole accommodation-location-service. Breakfast was excellent, even if just a bit expensive compared to Portuguese standard.
We were very happy, it was exactly what we expected after looking at the web site and the comments we read online before choosing it. We were looking for a tiny and peculiar hotel, located in a silence place, just 10 minutes walk from downtown.
It's a place where you think you could get back when going back to Lisboa.