10 Best Value Hotels in Lisbon

During a stay in the Portuguese capital, there are several factors to consider to ensure you choose the best hotel in Lisbon.

The establishment’s location and offerings combine with two of the elements that guests value most: quality and price.

In Lisbon there are several hotels – including 4 and 5 star hotels – where the quality-price ratio is very interesting.

Come and see our list of the 10 best budget and great quality hotels in the city of Lisbon.

Royal Palace Hotel

Rua Tomas Ribeiro 115, Lisbon.

The quality-price ratio is the highlight of the Real Palácio Hotel, where you can stay between 119 and 185 euros.

The hotel presents itself as a sustainable hotel, close to the airport and in the heart of the city, where access to all means of transportation is easy. Housed in a renovated 17th century palace, it has 147 tastefully decorated rooms.

In addition, the Real Palácio Hotel serves the delights of Portuguese gastronomy in its restaurant, often with an innovative, fusion touch. It also has free wi-fi internet.

Book Hotel Real Palacio in Destinia.

Heritage Avenida da Liberdade Hotel

Av. da Liberdade 28, Lisbon.

In the list of the best hotels in Lisbon we find the Heritage Avenida da Liberdade: a Lisbon Heritage Collection, a hotel with a privileged location, in one of the noble avenues of the city.

Here, prices range from 179 to 318 euros, and the highlight goes to the relationship between these and the ample quality of the space, where the decor, accommodations and service seem to globally please all guests.

This 4-star hotel is a historic hotel with an indoor pool and is close to tourist attractions such as the Miradouro da Senhora do Monte and the National Museum of Natural History and Science.

Book Hotel Heritage Avenida da Liberdade in Destinia.

Jupiter Lisboa Hotel

Av. da República 46, Lisbon.

Among the good budget hotels in Lisbon you will find the Jupiter Lisboa Hotel, a 4-star hotel located near Campo Pequeno, in the heart of Lisbon.

Here, you will find 224 rooms, with prices ranging from 98 to 206 euros, within a hotel that carries the historical essence of its facade, from the early twentieth century. The space also stands out for its outdoor pool, access to private parking, a permanently open gym, free wi-fi, a bar, and the restaurant – Dom Alimado – where the quality of the Mediterranean gastronomy stands out.

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1908 Lisboa Hotel

Largo do Intendente Pina Manique 6, Lisbon.

From 139 to 273 euros, you can enjoy another of the hotels in Lisbon with the best budget for those who also privilege the quality of the spaces.

This is a hotel that combines the characteristics of a historical hotel, without forgetting the convenience of the most modern structures, and is described by many guests as an artistic space.

In fact, this 4-star hotel, located a few minutes from the center, is widely described for the beauty of its facade and the beauty of its interior, as well as the quality of its service and cleanliness.

Book 1908 Lisboa Hotel on Destinia.

LX Boutique Hotel

R. do Alecrim 12, Lisbon.

At a price of around 197 euros you can enjoy good value for money at this modern 4-star Lisbon hotel with a river view.

Air-conditioning, minibar, free internet access, and a romantic atmosphere are some of the things you can expect when staying at this hotel.

Its proximity to places of historical and heritage interest (such as Chiado and the Santa Justa Elevator) or gastronomic interest (such as the Ramiro Brewery or the Time Out Market) also help to highlight this Lisbon hotel.

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Hotel Mundial

Praça Martim Moniz 2, Lisbon.

In the middle of Martim Moniz Square and close to Lisbon’s city center, you will find another of Lisbon’s good budget hotels (approximately 165 euros). This is an affordable 4-star hotel with suites and smoking and non-smoking rooms, where you can enjoy private parking and free internet.

With a large number of rooms, the main opinions about the space report its cleanliness and spaciousness, as well as its proximity to transportation that allows you to get to any part of Lisbon.

Book Hotel Mundial in Destinia.

Hotel Ibis Lisboa Liberdade

Rua Barata Salgueiro 53, Lisbon.

The prices of this hotel range from 100 to 122 euros, and the location and accommodation conditions make it one of the cheap hotels in Lisbon to consider. This is a sustainable, family-oriented hotel near the Miradouro da Senhora do Monte, which offers free wi-fi and free parking. It is also close to some wineries – such as BA Wine Bar in Bairro Alto, Grapes & Bites, and By The Wine – inviting adults to delight themselves with Portuguese wines.

Among its highlights, guests highlight its proximity to the Lisbon Underground and also the fact that it is a cozy place to stay with surprising quality, even when compared to other hotels in the same chain.

Book Hotel Ibis Lisboa Liberdade on Destinia.

Vincci Baixa

R. do Comércio 32 38, Lisboa.

Among the best hotels in Lisbon when it comes to value for money, you will find the Vincci Baixa, an affordable 4-star hotel (stay around 196 euros) and close to the city center.

Offering a relaxing and pleasant environment, this becomes appealing to travelers, who highlight its proximity to relevant points of interest, including the Elevador de Santa Justa and Praça do Comércio, as well as prominent restaurants, such as Frade dos Mares or Cevicheria, where seafood deserve to be highlighted.

Book Hotel Vincci Baixa in Destinia.

Vincci Freedom

R. Rosa Araújo 16, Lisbon.

This hotel fits in the range of the best 4/5 star hotels in Lisbon with good value for money.

With prices around 183 euros, the hotel is only 80 meters away from Avenida da Liberdade, in the best area to stay in Lisbon.

Its guests particularly appreciate the quality of the services, as well as the proximity to places of great cultural interest, such as Jardim Botânico, Parque Eduardo VII, Estufa Fria, Chiado and Rossio.

Book Hotel Vincci Liberdade in Destinia.

Hotel Gat Rossio

R. do Jardim do Regedor 27 35, Lisbon.

This 3-star hotel is located in the center of Lisbon and has a privileged location for those who want to visit the city’s main monuments.

Modern and comfortable, it allows you to enjoy the best of Lisbon’s atmosphere, enjoying 71 modern and comfortable rooms, among which you will find suites, family rooms, and non-smoking options. Internet access is free and there is a very nice terrace.

To all this, it allies a very interesting relationship of location, quality, and price, which is around 111 euros.

Book Hotel Gat Rossio in Destinia.