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The 6 Best Value Hotels in Lisbon

Torel Palace Lisbon

As European cities go, Lisbon certainly falls into the 'easier on the pocket' range. With a good selection of well designed hotels, both traditional and contemporary, scattered across the city as well as reasonably priced restaurants and bars. Many of the best value hotels in Lisbon are found set in the central neighbourhoods such as Bairro Alto and Alfama which are ideal choices for those looking to be in the thick of it.

For a Charming Stay

The Sky Lofts

  • The Sky Lofts is a charming, low-cost loft hotel near Lisbon's city centre. The rooms are comfortable and spacious with simple furnishings and original loft roofs. The surrounding area is home to trendy art galleries and lively bars and restaurants. A great cost-effective option for Lisbon.

Great location

Teatro BandB

  • Teatro B&B is located in central Lisbon between the district of Bairro Alto and Chiado. It offers contemporary Parisian-style decor with dramatic artwork adorning the walls. Enjoy a superb buffet breakfast each morning to set you up for the day. Great accommodation in a fantastic location!
  • Hotel Convento do Salvador is a trendy contemporary hotel in the historic Alfama district. The minimalist whitewashed rooms draw the eye to the stunning sea views. Unwind in the expansive lounge and slick bar, decorated with large pieces of pop-art. Walking distance to many of the cities best attractions.

Chic design

Casa C'Alma

  • Casa C'Alma is a chic understated guesthouse, comprising of just five rooms, in the pretty Praça das Flores. Rooms are bright, with an attractive, minimal design drawing on Scandinavian influences. Expect a generous breakfast and a home-away-from-home feel, with a warm and welcoming living area.
  • Torel Palace comprises of two elegant townhouses joining to form this sleek Lisbon hotel. Its attractive terrace with great views has a pretty pool and loungers. Quirky interiors feature ornate plasterwork and fun contemporary furniture, while romantic rooms have high ceilings and elegant decor.

Old-world charm

York House Hotel

  • York House Hotel is a modern recreation of 17th century architecture and style. This former convent has beautiful light airy rooms and a stone breakfast courtyard to soak in the atmosphere. Old-world aristocratic charm with modern comforts - the perfect place to experience the essence of a bygone Lisbon.

Still not sure? Browse through our list of all the best places to stay in Lisbon or you could contact one of our friendly Gurus for personalised advice.

The 6 Best Value Hotels in Lisbon

York House Hotel
York House Hotel

Lisbon

A modern recreation of 17th century architecture and style. This former convent has beautiful light airy rooms and a stone breakfast courtyard to soak in the atmosphere. Old-world aristocratic charm with modern comforts - the perfect place to experience the essence of a bygone Lisbon.

  • Foodies - The restaurant has a innovative menu, superb wine list and has been known to play host to the Prime Minister!
  • City Style - A beautiful historc building which keeps its elegant style but houses chic modern bedrooms
  • Sights nearby - Close to the Ancient Art National Museum and Lapa district
  • Boutique
from AU$175 for 1 room, 1 night including taxes & fees
Check availability on Expedia
The Sky Lofts
The Sky Lofts

Lisbon

A charming, low-cost loft hotel near Lisbon's city centre. The rooms are comfortable and spacious with simple furnishings and original loft roofs. The surrounding area is home to trendy art galleries and lively bars and restaurants. A great cost-effective option for Lisbon.

  • Groups - Trendy location overlooking Eduardo VII Park, loft style rooms and shared kitchen make it perfect for a group holiday.
  • Value chic - With a near city centre location and rooms starting at as low as €64, this is a very wallet friendly stay
  • Sights nearby - Visit Lisbons historic old town via a ride on the iconic Glória Funicular.
from AU$104 for 1 room, 1 night including taxes & fees
Hotel Convento do Salvador
Hotel Convento do Salvador

Lisbon (2 B 1100-465 Lisboa Santa Maria Maior )

A trendy contemporary hotel in the historic Alfama district. The minimalist white washed rooms draw the eye to the stunning sea views. Unwind in the expansive lounge and slick bar, decorated with large pieces of pop-art. Walking distance to many of the cities best attractions. A chic choice.

  • City Style - A funky hotel littered with modern art and complete with slick bar amd gorgeous city and sea views.
  • Local exploring - Nestled in the historic neighbourhood of Alfama, within striking distance of all the main sights.
  • Local markets - Scour the stalls of the Feira da Ladra, open every Tuesday and Saturday.
  • Sights nearby - Marvel at the studded facade of Casa dos Bicos.
from AU$154 for 1 room, 1 night including taxes & fees
Check availability on Expedia
Teatro B&B
Teatro B&B

Lisbon

Teatro B&B is located in central Lisbon between the district of Bairro Alto and Chiado. It offers contemporary Parisian-style decor with dramatic artwork adorning the walls. Enjoy a superb buffet breakfast each morning to set you up for the day. Great accommodation in a fantastic location!

  • Romantic Break - Upmarket accommodation, one of Europe's most beautiful cities on your doorstep and long walks on the beach together-perfect!
  • City Style - Lisbon's most indulgent B&B with plush fabrics, marble floors, chandeliers and classical statues- a unique and quirky stay
  • Sights nearby - The historical sights of São Domingos, Igreja de São Roque and the Castle of São Jorge are within a 20 minute walk away
  • Local markets - Lisbon's TimeOut Market aims to host the city's finest food and cultural experiences under one roof-a must visit!
from AU$112 for 1 room, 1 night including taxes & fees
Check availability on Expedia
Casa C'Alma
Casa C'Alma

Lisbon (1200-192 Lisboa )

A chic understated guesthouse, comprising of just five rooms, in the pretty Praça das Flores. Rooms are bright, with an attractive, minimal design drawing on Scandinavian influences. Expect a generous breakfast and a home-away-from home feel, with a warm and welcoming living area.

  • Local exploring - Located in Praça das Flores, a great spot from which to explore the many nearby sights and the pretty area
  • Sights nearby - Popular sights include the Torre de Belém, St George’s Castle, the Monastery of Jerónimos and Rossio Square
  • Local markets - Enjoy the Mercado da Ribeira food market and get lost in the Old Town Alfama District
  • Surfing - Hit the waves at Caxias beach
from AU$162 for 1 room, 1 night including taxes & fees
Torel Palace, Lisbon
Torel Palace, Lisbon

Lisbon (1150-082 Lisboa )

Two turn-of-the-century mansions lovingly converted into a boutique hotel set atop one of Lisbon’s seven hills. Elegant rooms mix traditional and contemporary styles. Think high ceilings, chandeliers, and retro-style furniture. A large outdoor pool and atmospheric restaurant complete the picture.

  • Local exploring - Perfectly set in a quite spot yet in the heart of the city, walking distance to museums, markets, and historical attractions
  • City Style - Mixing traditional design and architecture with chic contemporary touches makes this a desirable city pad
  • Sights nearby - Head to beautiful sights such as the Torre de Belém, St George’s Castle and the Monastery of Jerónimos
  • Restaurant - Indoor and outdoor dining in the elegant restaurant that serves dishes with international flavours
from AU$393 for 1 room, 1 night including taxes & fees
Check availability on Expedia
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Written by Katie Harris

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