Lisbon, the charming capital of Portugal, is a treasure trove of history, culture, and natural beauty. From the picturesque Alfama neighborhood to the bustling Baixa district, there’s no shortage of exciting things to see and do in this vibrant city.
However, finding affordable accommodations in the heart of Lisbon can be a challenge. That’s why we’ve put together this list of the top 5 budget-friendly stays in Lisbon, all centrally located and offering great value for money.
Whether you’re a backpacker, a budget traveler, or just looking for a affordable place to stay, this list has got you covered.
TABLE OF CONTENTS:
1). ibis Lisboa Centro Saldanha:

The ibis Lisboa Centro Saldanha is a modern and comfortable 3-star hotel located in the heart of Lisbon, Portugal. Situated in the Saldanha neighborhood, the hotel is within walking distance to several major attractions, including the Eduardo VII Park and the Calouste Gulbenkian Museum.
The hotel features 116 air-conditioned rooms, each equipped with a flat-screen TV, free WiFi, and a private bathroom. Guests can enjoy a continental breakfast buffet, as well as snacks and drinks at the hotel’s bar.
The ibis Lisboa Centro Saldanha is an ideal choice for business travelers and tourists alike, offering excellent value for money and a convenient base for exploring Lisbon.
2). Santa Luzia B&B:

The Santa Luzia B&B is a charming and intimate boutique hotel located in the historic heart of Lisbon, Portugal.
This beautifully restored 19th-century townhouse offers 12 cozy and individually decorated rooms, each equipped with modern amenities such as free WiFi, flat-screen TVs, and private bathrooms.
Guests can enjoy a delicious homemade breakfast in the hotel’s quaint courtyard or lounge area, and the friendly owners are always happy to provide recommendations and insider tips on exploring Lisbon’s hidden gems.
With its warm atmosphere, personalized service, and prime location in the Alfama neighborhood, the Santa Luzia B&B is an ideal choice for couples, solo travelers, and anyone seeking a unique and authentic Lisbon experience.
3). ibis Lisboa Jose Malhoa:

The ibis Lisboa Jose Malhoa is a modern and comfortable 3-star hotel located in the heart of Lisbon, Portugal.
Situated near the Eduardo VII Park and the Calouste Gulbenkian Museum, the hotel offers easy access to the city’s main attractions. The hotel features 211 air-conditioned rooms, each equipped with a flat-screen TV, free WiFi, and a private bathroom. Guests can enjoy a continental breakfast buffet, as well as snacks and drinks at the hotel’s bar.
The ibis Lisboa Jose Malhoa is an ideal choice for business travelers and tourists alike, offering excellent value for money, a convenient location, and modern amenities in a vibrant and cosmopolitan city.
4). Pensao Praca Da Figueira:

The Pensao Praca Da Figueira is a charming and historic hotel located in the heart of Lisbon, Portugal, overlooking the picturesque Praca da Figueira square.
This family-run hotel offers 72 cozy and individually decorated rooms, each equipped with modern amenities such as free WiFi, flat-screen TVs, and private bathrooms.
Guests can enjoy a traditional Portuguese breakfast in the hotel’s quaint dining room, and the friendly staff are always happy to provide recommendations and insider tips on exploring Lisbon’s hidden gems.
With its warm atmosphere, rich history, and prime location in the historic Baixa neighborhood, the Pensao Praca Da Figueira is an ideal choice for couples, solo travelers, and anyone seeking a unique and authentic Lisbon experience.
5). Ikonik Lisboa:

The Ikonik Lisboa is a stylish and modern hotel located in the heart of Lisbon, Portugal, offering a unique blend of comfort, design, and affordability.
This 3-star hotel features 55 sleek and air-conditioned rooms, each equipped with amenities such as flat-screen TVs, free WiFi, and private bathrooms.
Guests can enjoy a delicious breakfast buffet, as well as snacks and drinks at the hotel’s trendy bar.
With its vibrant atmosphere, central location, and easy access to Lisbon’s main attractions, the Ikonik Lisboa is an ideal choice for young travelers, couples, and anyone seeking a hip and hassle-free stay in the Portuguese capital.
Lisbon is a city that has something for everyone, and with these top 5 budget-friendly stays, you can experience all that the city has to offer without breaking the bank. From the modern convenience of the Ibis Lisboa Centro Saldanha to the charming hospitality of the Santa Luzia B&B, each of these options offers a unique and affordable way to experience the heart of Lisbon.
So why wait? Book your stay at one of these top-rated budget hotels and get ready to explore one of Europe’s most vibrant and affordable cities.