I loved the location. The view was fantastic and it's very close to Centro, about a 10-15 minute walk. You don't need to take the taxi because it is walking distance. I made the mistake doing that and paid R$18. I traveled alone and I felt very safe walking around, even at night. People are friendly. Do learn your common Portuguese words and phrases. The hotel is very cute.
Room for improvements: clealiness of the room and bathroom. You can tell the place is a little worn. There is no hair dryer, so if you need one you have to bring your own. If they could make those little improvements, it would be perfect!
I will stay there again.