Part hotel, part hostel, the Independente feels a little bit like Portugal’s version of the Ace. While we wouldn’t recommend the hostel rooms unless you’re on a tight budget, the suites are lovely, with memorable design quirks like vintage colored leather chairs, bedside lamps made from plumping pipes, and the coolest tile floors in the bathrooms. Be prepared, though, that rooms this reasonable come at the expense of a few amenities—there’s no room service, and no mini bar. Not that you’d need one, though, as the food scene is unsurprisingly a huge part of the draw—The Decadente is one of Lisbon’s coolest restaurants, and the rooftop bar, The Insólito, is perpetually full of locals grabbing post-work drinks.

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