Absolutely perfect place to stay if you don't want the hotel scene. We arrived quite late as our flight was delayed and were warmly greeted by Marco, who checked us in and gave us a run down of the neighborhood, restaurant recommendations and directions to the nearest transportation. The place is tastefully decorated with fabulous art, and Marco explained the honor system for the stocked fridge complete with beer and wine.
The room we stayed in was spacious yet cozy and the shower was fantastic. In the morning we met Hugo who was extremely helpful and charming, and there was an array of breakfast treats including croissants, pastries, breads, cereals, fresh melon and pineapple, coffee, juice and tea. It was raining and they offered us an umbrella so we could go out and stay dry.
I would highly recommend Casa do Bairro for it's warm, friendly service, cozy and clean atmosphere and you can't beat the location. 10 mins walk from Baixa-Chiado metro, around the corner from the famous 28 tram. There is a great wine bar up the street as well as restaurants, coffee shops and a miradour with a fantastic view of the river and the bridge. Seriously, if you are going to stay in Lisbon, stay here. You will be glad you did.