Found in a 19th century building in the Chiado district, Lisb’On is Lisbon’s newest hostel and at least judging from its living room, it’s quite possibly the most beautiful in the city. That spacious room has a beautiful stucco ceiling with an enormous chandelier, and is tastefully decorated. At the center is a pool table and against one of the walls are four computers offering internet access.
The rest of the interior is divided into multiple-guest dormitories, double rooms, and a suite, as well as a kitchen and terrace offering views of the river and 25 de Abril Bridge.
The rooms are air-conditioned (quite rare in low-budget accommodation in the city) and are named after local icons and personalities.
There is also laundry service available.
For full details and booking information see here: Lisb’On Hostel