26 Praça do Príncipe Real, Príncipe Real
One of Lisbon's most impressive developments, Embaixada is a series of shops that form a gallery inside a neo-Moorish palace. All of the vendors are local, so the entire shopping experience feels like a celebration of Portuguese design and craftsmanship. The range of shops is huge—come here for everything from swimsuits to antique clothing to gifts and accessories.
Memmo Príncipe Real
56 Rua D. Pedro V, Príncipe Real
Hotelier Rodrigo Machaz's third property is set on the top of a hill in the decidedly cool Príncipe Real neighborhood, giving it both a full-circle view of the city (best viewed from the open-air patio of their rooftop bar) and incredible access to some of Lisbon's best shopping and restaurants. Machaz's style is laid back, intimate—only 41 rooms here—and experience-focused, but that doesn't mean his properties skimp on luxury. In addition to the stunning rooftop pool, the hotel is known for high-touch, attentive service, including a concierge with the best recommendations we've come across. Room décor is minimalist but textured, with fur throws at the foot of the bed, floor-to-ceiling paneled headboards, and sleek limestone bathrooms. Leave time for drinks and cocktails at the excellent on-site bar and restaurant.
63 Rua Dom Pedro V, Príncipe Real
This laid-back bar occupies a tiny space that's made to feel more spacious with the liberal use of mirrors on each wall and emerald subway tiling that approximates a wainscoting along the walls and the bar. During the week when it's a little sleepy in here, set up at one of the bar chairs or one of a few small tables in the front for bar snacks, sandwiches, and a menu that shows the breadth of Portugal's growing craft beer movement. On Friday and Saturday nights, the space fills up with locals, who you'll find lingering out in the street when the bar itself gets too crowded.
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