Check out this list of the 5 best cheap hotels in Lisbon. This way, you’ll be able to stay in an excellent location, in a great part of town and for a great price.

1. Ibis Lisboa Liberdade hotel in Lisbon

Our first tip among the 5 best cheap hotels in Lisbon is part of the famous Ibis hotel chain, the Ibis Lisboa Liberdade. Although it’s small, it’s very comfortable and located in the city center, just a few minutes’ walk from the Historic Center. The good thing about staying there is that you have quick access to all means of transportation.

At Ibis Liberdade, there are 70 rooms with TV, air conditioning, safe and private bathroom. There is also a parking service, breakfast and Internet access via Wi-Fi. The hotel also has a bar where you can enjoy drinks and refreshments. Click here to see more photos and check the hotel’s availability.

  • Address: Rua Barata Salgueiro 53, Lisbon.

2. Principe hotel in Lisbon

The Principe hotel in Lisbon is another good and cheap option for staying in Lisbon. The hotel is very well located, close to the Eduardo VII Park and the Calouste Gulbenkian Foundation, as well as the São Sebastião metro station.

The Principe hotel in Lisbon underwent a major renovation in 2004 and is now a popular place for the value for money it offers guests. It also has Wi-Fi, a restaurant, air conditioning, a bar, laundry and 24-hour service. There is also an airport shuttle, childcare, car rental, a business center and parking.

The rooms are very modern, with light oak furniture, a flat-screen TV with satellite channels, a minibar and a private bathroom with free toiletries. Click here and check out more photos and information about Principe hotel.

  • Address: Avenida Duque de Avila 201.

3. Pensão Londres hotel in Lisbon

If you want to stay in a hotel with a family atmosphere when you’re in the Portuguese capital, our tip is Pensão Londres, in the Alto district. This hotel is close to the Miradouro de São Pedro de Alcântara, Rossio Square and the famous Elevador de Santa Justa, one of Lisbon’s best-known tourist attractions, from where you can enjoy beautiful views of the city.

At this hotel, you can enjoy complimentary breakfast, laundry facilities and wireless Internet access. In addition, all 36 rooms have a balcony, air conditioning and a beautiful view of Lisbon from the higher bedrooms.

On the first floor of the hotel, you’ll find a bakery, where you can try a variety of typical Portuguese breads and sweet treats. Click here to find out more about the hotel and see photos of each area.

  • Address: Rua Dom Pedro V, 53.

4. HF Fenix Garden hotel in Lisbon

Another hotel on the list of the 5 best cheap hotels in Lisbon is the Fénix Garden. It is located in Marquês de Pombal, a central area close to everything. It’s a 1960s hotel that has had all its furnishings renovated, giving it a youthful look.

The air-conditioned rooms are bright and have wooden floors, free Wi-Fi, a study table, cable TV and a private bathroom with a hairdryer. Breakfast is included, serving various drinks, breads and snacks. Click here to check availability and see photos of all areas of the hotel.

  • Address: Rua Joaquim Antonio De Aguiar, 3.

5. Dom Carlos Liberty hotel in Lisbon

The Dom Carlos Liberty hotel is one block from the Marquês de Pombal statue, in a very central area, and also one block from Avenida da Liberdade, where the city’s main designer stores are located.

The hotel has rooms with excellent lighting and soundproofing, and all of them have air conditioning, LCD TV and free Internet access. The bathrooms are private and have a bathtub and hairdryer. The lobby area is very pleasant, with drinks, snacks and newspapers provided free of charge.

Plus, breakfast is included and there is a well-equipped fitness room. So, click here to see more photos and find out the hotel’s availability dates.

  • Address: Rua Alexandre Herculano, 13.

How do I find great hotels at the best price in Lisbon?

A good tip for finding great hotels at incredible prices in the area you want to save a lot on your stay is to use this Lisbon Hotel Finder. We always use it because it’s the largest hotel booking site in the world, so it’s the best place to book with confidence and security.

Plus, because it has all the hotels in Lisbon and around the world in its searches, the prices are unbeatable, due to the strong negotiation they have with the hotels.

We always make our reservations there so that we don’t have any problems and we save a lot. And the site has reviews by guests who have already stayed in the hotels, which helps a lot when evaluating each one.

Hotel leisure area in Lisbon

An excellent tip is to filter your search by “Neighborhood”, where you can select the regions, and also “Guest reviews” and put “Very good upwards”. You’ll get a search with the best hotels, in the best areas and with excellent guest reviews. It’s a guarantee of excellent accommodation at the best price in Lisbon. And check out the free cancellation tip below, which is great and very worthwhile.

Finally, another great tip for those booking a hotel is that this search engine has a very strong partnership with the establishments and they offer free cancellation for most hotels. So, when you search, just check the hotels that say “Free cancellation”. So you can book your hotel right away, to guarantee the price, and if you later find a better one or don’t want to stay there, just cancel.

It’s super simple and free of charge. As prices rise very quickly from one day to the next and the best hotels sell out quickly, our tip is to go in and book into a good hotel to guarantee it. We’ve even found ourselves without the hotel we wanted and paying more for another one in a matter of hours.

Hotel room in Lisbon

Save money on your trip to Lisbon:

Saving money: do you want to plan your trip while making the most of your budget? Be sure to read our article on how to travel to Lisbon cheap, with all the tips to save the most, while still enjoying it!

Tickets: find out where to buy your Lisbon tickets in the cheapest and safest way – for parks, museums and ticket combos. You can save up to 40%!

Car: if you are thinking about renting one this is the best website. It compares the price at all rental companies and finds unbeatable prices. You can save up to 30%!

Mobile chip: we always use this chip. It’s electronic (eSIM), you install it instantly and you can use your cell phone’s Internet anywhere in the world.

Hotels: our article on where to stay in Lisbon. You will find out the best area, the hotels that we have stayed there and how to save a lot on the hotel.

Travel insurance: medical care in another country is very expensive and it is extremely important to take out travel insurance for any trip abroad. This is the website we always take out our insurance on. Reliable and at a good price.

Transfer: do you need one from the airport to the hotel? Find out here how to book and for the lowest price!

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