Casa do Jasmim by Shiadu
Courtesy: Booking.comCasa do Jasmim by Shiadu
Courtesy: Booking.com

The 8 best cheap hotels in Lisbon

Always on the hunt for the best hotel? It’s all about price and location with our collection of the best cheap hotels in Lisbon

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The Portuguese capital is simply awash with great hotels, most of which charge a pretty penny for the pleasure of staying there. Frankly, a good bargain is hard to come by, but we've been looking into the best cheap hotels in Lisbon and have unearthed a few gems.

So, put the credit cards away, and spend that extra hard-earned cash on all the great things to do in Lisbon with our handy guide to the city's best cheap hotels. Go on, spend your money on the country's incredible food instead.

Not on a budget? Check out the best five-star hotels in Lisbon.

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The best Airbnbs in Lisbon

Who makes the cut? While we might not stay in every hotel featured below, we've based our list on top reviews and amenities to find you the best stays. This article includes affiliate links. These links have no influence on our editorial content. For more information, see our affiliate guidelines.

Best cheap hotels in Lisbon

  • Hotels
  • Boutique hotels
  • São Sebastião

Situated at Saldanha, this boutique hotel offers amazing views from the rooftop terrace – where there's also a pool. A continental buffet breakfast is served in the lounge, there's a 24-hour bar in the lobby and the spacious rooms come with smart TVs, working areas, walk-in shower, slippers and bathroom amenities.

The mood? Ibiza white party. 
Budget range? So cheap, you may even be able to afford an extra night. 

  • Hotels
  • Lisbon
This perfectly pleasant three-star hotel sits next to the Martim Moniz Square. The rooms may be small, but they have a fun, colourful and modern aesthetic that you couldn't ask for much more from. Treat yourself to a hearty continental breakfast before heading out for the day, and be sure to check out the nearby restaurants when dinnertime rolls around. 
The mood? Clean and convenient. 
Budget range? Super cheap. 
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  • Hotels
  • Campolide

Enjoy large modern rooms from SANA Malhoa, a spa, Turkish baths, sauna and outdoor dining in the hotel's Mediterranean restaurant. Each room is soundproofed, has air conditioning and cable TV. Some also have a separate living room. A quick walk away is the shopping mecca that is El Corte Inglés Shopping Centre.

The mood? Glitzy and modern. 
Budget range? A fair price indeed. 

  • Hotels
  • Campo Grande/Entrecampos/Alvalade
The story of the Lutecia hotel starts in 1969, the year it opened with a “bold concept” for its time. In 2006 the hotel changed hands and concept – it was now a “smart design”. It's based in the vintage suburb of Areeiro, 200 meters away from the tube station that will get you to the city centre. Most of the 175 rooms come with a promise of panoramic city view.
The mood? Proving simple is best. 
Budget range? Pick the right check-in date, and it's an absolute steal. 
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  • Hotels
  • São Sebastião
The front of the building is an instant eye-catcher, combining its traditional architecture with a modern blue. The Zenit is a four-star hotel with eight floors close to the newly renewed, and very busy, Avenidas Novas (that are full of new restaurants and stores). The bedrooms are simple but modern, the restaurant has an “internationally modern” menu and the bar serves wine and cocktails until late in the evening.
 
The mood? Sleek and sophisticated. 
Budget range?
You won't find much better for much cheaper. 
  • Hotels
  • Castelo de São Jorge
  • price 3 of 4
One of the oldest convents in Lisbon, right in the heart of Alfama and transformed into a hotel. Although the 43 rooms have a minimalist decoration, the halls are full of works of art by reputable artists (Júlio Pomar, Paulo Rêgo and Sebastião Salgado are some of them) and the lobby is adorned with Portuguese tiles by the artist duo Pedrita. The almost Grecian patio has a terrace and a pool, and some rooms offer panoramic city views. 
 
The mood? Stylish and artistic. 
Budget range? On the slightly higher end of cheap. 
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7. Madalena by The Beautique Hotels

Just around the corner from Rossio, this boutique spares no expense on style and luxury. But make no, mistake, this 4-star hotel is surprisingly affordable. Rooms are spacious, elegantly dressed in ivory, gold, and plum, with either main street or courtyard views. Some rooms even have a balcony if you fancy. We certainly did. And while the aim of the game is to keep it cheap and cheerful, Madalena has its very own restaurant and bar in case you could spare one night of indulgence. 

The mood? Gilded glamour. 
Budget range? Fairly cheap.

8. Casa do Jasmim by Shiadu

If you love the idea of being hidden in plain sight, then you'll love this affordable charmer set in Principe Real. On top of its charming white facade with a red clay-top roof - a real classic in Lisbon - you'll discover vibrantly decorated interiors with floral prints and upholstery that adds to the character of this place. Along with great style comes comfort in the form of a flat-screen TV, free WiFi, a private bathroom, and free complimentary breakfast. 

The mood? Typical Lisbon style.
Budget range? Incredibly low and central.

Find all the best things to do in Lisbon

  • Things to do
With its world-class restaurants, excelling in seafood, its reputation for style and long pedigree in art and culture, Portugal’s first city remains high on every discerning weekend-breaker’s hit-list. Want to know what to do in Lisbon? Whether you're just spending 48 hours in Lisbon or want to sample the best Lisbon restaurants on a longer stay here you’ll find the top Lisbon attractions, along with some insider tips on the essential things to do in the city that many visitors miss. The best things to do in Lisbon, points of interest, attractions and nightlife are here. 
  • Things to do
If you picked Lisbon for your holidays – hey, great choice! – and still don't know what to visit, you've just arrived at the right place. On the list below we show you the best neighbourhoods in Lisbon and the things to do in each one. Enjoy your stay!  
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