For the financially savvy traveller, staying at one of Lisbon’s less expensive accommodation options means more euros for sampling the local cuisine (such as pastéis de nata), buying traditional souvenirs and visiting museums. Here are the best cheap hotels in Lisbon.
With so many beautiful monuments to see and beaches to visit, it would be a shame to arrive in Lisbon to find you’ve spent most of your budget on accommodation. The good news is, when looking for an affordable place to stay in the Portuguese capital, you don’t have to compromise on quality. There are hotels with historic charm, modern facilities and even breathtaking city views, all at a low cost. Culture Trip has rounded up the best cheap hotels below.
GS Chiado Boutique Studios
Boutique Hotel, Hotel
GS Chiado Boutique Studios is located in the city centre | Courtesy of GS Chiado Boutique Studios / Hotels.com
GS Chiado Boutique Studios & Suites is among the few cheaper hotels in Lisbon located in the city centre. Set near Chiado and Rossio, this is a great option for travellers who want to stay close to Lisbon’s main attractions, including the Santa Justa Lift, Arco da Rua Augusta and Terreiro do Paço. There are four studios and four suites available, and most of them feature a private balcony looking out to Castelo de São Jorge. The decor has a rustic feel, with wooden floors and exposed beams. Some properties also include a kitchenette with a stove and microwave.
Palácio Vila Flor is the perfect choice for visitors who want to explore Lisbon’s old town. Established in the 18th century, the palace once belonged to the Earls of Vila Flor. Today, it’s a small guest house decorated in vintage style, with antique chairs and old lampshades scattered throughout. There are 12 rooms and four apartments, with each named after a colour or flower (except the House of Poets). This label influences the room’s design, from the patterned curtains to the shade of the bed linen. Beyond that, the best features here are the courtyard and the terrace, with colourful Portuguese tiles decorating the walls.
You’ll find this quiet bed and breakfast close to the party district of Bairro Alto, making it a welcome respite from all the revelry. What used to be the home of monks and nuns is now a stunning guest house in the centre of Lisbon, set in a hidden courtyard betwixt cobblestone streets. Traditional Portuguese washing tanks stand next to each door, repurposed with bright colours and filled with plants. The breakfast area is also a distinctive feature, with its tile-covered floors and small souvenir shop in the corner selling handmade products.
On a side street near Avenida da Liberdade, stands the innovative Hotel Expo Astoria with its Art Deco facade. Colourful chairs, tables made of cork and interesting modernist sculptures show the hotel’s emphasis on art and design. There are 113 rooms spread over eight floors, including double, triple and family options. During their stay, guests can also enjoy a breakfast buffet and delicious meals from the hotel restaurant, which serves Portuguese dishes with a modern twist.
A prime location between Estrela and Príncipe Real helps place Lisbon São Bento Hotel among the best budget-friendly hotels in Lisbon. This three-star property offers 52 rooms, with decor inspired by Lisbon’s water system – there is a beautiful 18th-century water reservoir only a few minutes away, after all. While every room is modern and comfortable, the junior suite has one bonus – a private terrace with a view over Lisbon and the Tagus River. Guests can also take advantage of the delicious buffet breakfast, which can include gluten-free products on request.
You’ll find The Indy House in the heart of Intendente, a neighbourhood full of international restaurants and hipster party spots. This Lisbon aparthotel has spacious rooms with natural light, plants and colourful wallpaper. The outdoor terrace is a great place to relax and hosts regular live performances and cocktail nights. Each floor has a shared kitchen, allowing guests to prepare their meals, but breakfast is also available. Near the hotel, there’s a food market, a public indoor pool and several vintage shops.
In a historical building with a striking facade of turquoise tiles, Sofia and Márcio created the Vila Garden Guesthouse. With a background in hospitality and a passion for their city, this young Portuguese couple set out to transform a building in Lisbon’s Anjos neighbourhood into a modern guest house. Of the 22 stylish bedrooms, the deluxe suite, with its own Jacuzzi, is the most impressive. The highlight of this guest house, however, is the private garden. Here, you’re invited to enjoy the aroma of citrus trees while basking in the morning sun. To save some money, you can prepare light meals in the common kitchen.
Lutécia Smart Design is an affordable four-star boutique hotel located in Areeiro. It has eight floors, each with a different theme, from the minimal White Space to the gold and black tones of Disco. The hotel also features a fitness centre, a bar and a restaurant that specialises in Portuguese and Indian cuisine. Nearby is Roma-Areeiro train station, which connects directly to the lively Sintra neighbourhood, and several parks, including the Gulbenkian Garden and Museum.
Lisbon Inn Lapa Suites is a great option for those looking to stay close to the Alcântara neighbourhood. Wooden floors, ornate ceilings and vintage furniture give this hotel a cosy, rustic feel, with some rooms offering city views with a private balcony. The Museu Nacional de Arte Antiga and Tapada das Necessidades, one of the most beautiful parks in Lisbon, are both within walking distance.
The VIP Executive Art’s is an elegant four-star hotel located in Oriente. It’s an affordable option for anyone who wants to stay near Lisbon’s airport, which is only one metro stop away. The hotel has 300 rooms, all soundproofed, so you can enjoy a quiet holiday. There’s also a bar and a restaurant serving a mix of Portuguese and international cuisine. Near the hotel, guests can enjoy the promenade along the river and a few pleasant green spaces.