Some younger people are being drawn to this old neighbourhood, but still: most of your neighbours will surely be older folks. A Hostel or two in the area means there's always some backpackers too.
The views of the whole city from anywhere in the neighbourhood. As it's at the top of the hill, you can see the whole of Baixa, Bairro Alto, Marquês de Pombal and beyond.
Chapitô is hard to define or explain, but worth visiting for a dinner. It's a drama-school, working circus and a restaurant all at the same time. The restaurant is very cool.
Slow and authentic. The locals here are never in a hurry and that's really the only way to live here.