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Lisbon's 9 Best Value Hotels

| December 20, 2017

Until recently an under-the-radar city, Lisbon's star has soared recently, with hotel prices following suit. While it's still one of Western Europe's more affordable capitals, bright and beautiful Lisboa is not the bargain basement destination it once was. Fear not though, bargain hunters--scratch the surface of the sunny Portuguese capital and you'll find lodgings that deliver on price and experience (whether that's epic views, stellar service, super-chic design or all three). Stay at any of our top picks, and you'll have plenty of cash to splash on ridiculously affordably Portuguese wine.

Related Ultimate Guide: The Ultimate LGBTQ+ Guide to Lisbon


Albergaria Senhora do Monte

Why it made the list

Visitors prepared to tackle Lisbon's steep hills are richly rewarded with stunning city views, and this handsome, historic hilltop hotel offers some of the best panoramas in town. It's a two-star, so don't expect flashy design or high-end amenities, but the chance to sit at the hotel bar and sip a glass of wine as you drink in the views is priceless. The hotel's location in scenic-but-under-the-radar (for now) Graça is another point in its favor, as there are are countless affordable bars and restaurants nearby

This characterful budget-friendly hotel is not luxurious, bu Read More


VIP Executive Suítes Éden

Why it made the list

This hotel in a stunning Art Deco building occupies a prime position on Restauradores Square, but still comes in at an affordable rate. The rooms aren't particularly ritzy or modern, but the building alone is an Instagram-worthy attraction, there's a pool on the roof, as well as a poolside bar serving inexpensive cocktails. At this price, it's hard to ask for more.

Art Deco fans will love the dramatic design of this budget-f Read More


Gat Rossio

Why it made the list

This wallet-friendly boutique hotel could hardly be better placed for exploring the city--it's almost on the flagstones of the historic Rossio Square, within walking distance of Lisbon's biggest nightlife hubs as well as a whole host of affordable eating options. There's a lively atmosphere in the communal areas, so guests may well find themselves making new friends to split cab fares with.

This funky, minimalist design hotel provides a budget-friend Read More


Residencial Florescente

Why it made the list

It's not easy to find inexpensive lodgings at the heart of Lisbon's historic downtown, but this small, family-run spot delivers. Offering a warm welcome, cozy atmosphere and comfortable (although not luxurious) rooms as well as a good breakfast, the family-owned guest house is an excellent option for budget travelers who want sights, restaurants and nightlife close at hand.

This welcoming inn offers friendly service and very affordab Read More


The Keep (Formerly Ninho das Águias)

Why it made the list

Views, views, views. This cheapie-but-goodie has them by the bucket load, and the eye-catching turreted building offers a truly unique experience. Expect to climb a whole lot of hills and stairs to get here, and don't expect luxury (or a round of applause) once you reach the top, but the location on a hilltop close to Saint Jorge Castle is perfect for sweeping panoramas. The family-run spot has a welcoming vibe, and it's located in prime sightseeing territory.

The rooms are basic but the views are truly five-star at thi Read More


Hotel White Lisboa

Why it made the list

Lisbon is often referred to as 'the City of Light', and this modern boutique hotel basks in the city's radiance, with its all-white interiors and exteriors. The slick modern stylings and lovely rooftop pool make the hotel feel pricey, but its location away from the beaten tourist track makes it a surprisingly affordable option. Good public transport links means guests won't need to spend a fortune on cabs to see the sights, either.

This off-the-tourist track hotel offers boutique stays with Read More


Dear Lisbon Charming House

Why it made the list

Charming by name, charming by nature--this cute guest house has superb service, a stylish design, central location and a courtyard with pool (a near priceless amenity during the long, hot summer, and a rarity among Lisbon's smaller properties). The hotel is a 'love letter' to beautiful Lisbon, and staff will happily share their tips on how to see the city on a tight budget.

A love letter to the city of Lisbon, this friendly guesthous Read More


Zenit Lisboa

Why it made the list

It may be located in Lisbon's less-than-beautiful business district, but this stylish small hotel has a boutique vibe and a striking classical facade. The price is extremely fair for a hotel of this quality, and proximity to the metro makes it quick and easy to reach the sights and nightlife of Lisbon's historic center.

This budget-friendly in Lisbon's finance district has boutiq Read More


Estrela Park B&B

Why it made the list

Hidden away on a residential street in one of Lisbon's prettiest neighborhoods, this tiny guest house has chic design, super-friendly service and can be rented by the room or as an entire apartment. Prices are extremely affordable, and attractions such as the Basilica de Estrela and Jardim de Estrela are virtually on the doorstep.

This welcoming, well-located guest house is perfect for visi Read More

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