Recently renovated, tastefully decorated & charming small inn converted from a historic merchant's house, about 15 minutes walk (uphill) from the University historic district. Free parking, fabulous breakfast is included, served on the top floor with a covered patio offering stunning views of the city & beyond. Staff was super-helpful, and very kind. An excellent value--we loved staying there.
One downside: the building is not accessible if you are unable to climb stairs, or have mobility issues. (One flight up to get into the building, two more flights up to the breakfast room from there, and there is no lift.) Also, we were surprised to learn that the hotel management does not support recycling, though it's mandatory in Coimbra. The hotel does not provide collection bins & so they just throw out all clean bottles, cans & paper. Other than that, it was great!