Hostel in Bairro Alto, Chiado & Cais do Sodré

On the edge of the Bairro Alto, this superstylish hostel has 11 dorm rooms (with six to 12 beds in each) and four mid-century-modern-leaning minimalist suites with balconies overlooking the Rio Tejo. There are two great restaurants here: Decadente – modern Portuguese, creative cocktails – and the more chef-driven and pricier Insólito (mains €20).

Light sleepers beware: noise can be an issue.

Next door, Suites & Terrace offers more heterogeneously decorated private rooms (with Indian tapestries, tattered antiques and classic Portuguese film posters).