Budget-Friendly Things to Do in Lisbon

Historic yellow tram on Lisbon street showcasing budget-friendly tourist attractions and affordable travel experiences with Carpe Diem Tours Portugal
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Lisbon Walking Tour

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from20 €

Lisbon has it all as far as European cities go: stunning architecture, delicious food, and plenty of things to do for all kinds of travelers. But while the Portuguese capital is still relatively affordable, at least compared to the US and other European cities, prices are on the rise—not least because of its thriving expat community and growing population of digital nomads.

If you’re planning a trip to Lisbon but don’t want to burn a hole in your pocket, this guide is for you. Carpe Diem’s team of locals has packed it full of plenty of tips for sightseeing, and cultural and food-related things to do.

Explore the Historic Alfama District

Few districts exude as much charm and character as Lisbon’s Alfama district.

Rising up from the Atlantic coastline towards the 11th-century São Jorge Castle, Lisbon’s oldest neighbourhood is brimming with artisan shops and traditional restaurants. Letting yourself be guided by your senses and curiosity is rewarding in itself, but the best way to discover this district and others in the centre of Lisbon is through an affordable group walking tour with an expert guide.

Bear in mind that Lisbon isn’t the flattest city, and all that walking is bound to boost your appetite. Here’s a list of reasonably priced restaurants nearby.

O Velho Eurico

Address: Largo São Cristóvão nº3, 1100-179 Lisboa, Portugal
Price Range: €10 - €30

Clube de Fado

Address: Rua de São João da Praça 94, 1100-521 Lisboa, Portugal
Price Range: €20 - €50

Tasca Kome

Address: Rua do Paraíso 49B, 1100-395 Lisboa, Portugal
Price Range: €20 - €50

Relax to Authentic Fado Music

A genre whose name most likely derives from the Latin fatum, meaning ‘fate’, Fado is a particularly poignant, melodic, and often mournful kind of music.  

Its origins are loosely located in the 1820s, though they undoubtedly stretch back further. But if you wander the streets of Lisbon by evening and take in its Fado melodies emanating from streets and bars, it’s back this time that you’ll be transported. 

There are plenty of places to listen to Fado, though just wandering the streets and letting your senses guide you can be just as rewarding.

Indulge in Affordable Portuguese Cuisine

Lisbon is a paradise for food lovers,

TasteAtlas ranks it as the 12th best food destination in the world—with Florence and Rome ranked 1st and 2nd respectively. Taste your way through its culinary delights and pesticos menus, and no doubt you’ll concur.

From sizzling seafood to hearty stews, each dining spot here promises a warm and inviting atmosphere where every dish feels like a hug from the city. And to make sure you don’t miss out on anything while steering clear of the tourist traps, we’ve created our own food tour of Lisbon! Check it out below:

If you’d rather risk it going solo, check out these locally-recommended restaurants situated in the center of Lisbon where you can enjoy affordable Portuguese cuisine:

Restaurante A Merendeira

Address: Av. 24 de Julho 54, 1200-657 Lisboa, Portugal.
Price Range: €5 - €15 per person for a meal without drinks.

Cantinho do Aziz

Address: Rua de São Lourenço 5, 1100-530 Lisboa, Portugal.
Price Range: €10 - €20 per person for a meal without drinks.

O Trevo

Address: Praça Luís de Camões 48, 1200-243 Lisboa, Portugal.
Price Range: €5 - €10 per person for a meal without drinks.

Explore Lisbon's Stunning Parks and Gardens

While Lisbon’s neoclassical architecture is a reason for visiting in itself, it can be nice to take a break from the freneticism of the city by relaxing in one of its parks or gardens. 

Here are some of the best parks near the central part of Lisbon.

Parque Eduardo VII

Address: Parque Eduardo VII, 1070-099 Lisboa, Portugal.
Entrance Fee: Free

Jardim da Estrela (Estrela Garden)

Address: Praça da Estrela, 1200-667 Lisboa, Portugal.
Entrance Fee: Free

Jardim Botânico da Universidade de Lisboa (Lisbon University Botanical Garden)

Address: Rua da Escola Politécnica 54, 1250-102 Lisboa, Portugal.
Entrance Fee: €3 for adults, with discounts available for students, seniors, and family groups. Children under 6 enter for free.

Photo by LX Factory

Photo by LX Factory

Visit the LX Factory

If you want to immerse yourself in Lisbon’s modern art scene without breaking the bank, make sure to check out the LX Factory

Situated in an industrial complex not far from the port of Alcântara, this bustling hub is open daily from 9:00 am until 10:30 pm, and offers a vibrant blend of installations, workshops, and street performances.

Hop on Tram 28 for an Adventure Around Lisbon

To Lisbon’s locals this might just be another public transport route, but Tram 28 has become something of a sightseeing phenomenon in recent years owing to the fact that it passes so many picturesque spots. 

You might recognize Tram 28 from Instagram shots (or, if you’re our generation, postcards) of Lisbon: its classic yellow trams retain their original 1930s features like brass dials and polished wood interiors. 

Use your Lisboa card to ride or purchase tickets from the driver for just €3, and enjoy a charming way to soak in Lisbon's beauty.

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Spend the Day at the Beaches Near Lisbon

If you’re looking for budget-friendly things to do in Lisbon during the spring and summer months, you can’t go wrong with a day trip to the beach! 

Not far away are stretches of golden sand beaches and traditional restaurants serving up tasty seafood. Just bear in mind that the waters around Lisbon are cold—this is the Atlantic Ocean after all!  

Check out these stunning beaches near Lisbon along with directions on how to get there.

Praia de Carcavelos

How to Get There: You can reach Carcavelos Beach by taking a train from Lisbon's Cais do Sodré station to Carcavelos, which is a journey of about 20-25 minutes. Once at Carcavelos station, it is a 10-15 minute walk to the beach.

Praia do Guincho

How to Get There: To get to Guincho Beach, you can take a train from Cais do Sodré to Cascais which takes about 40 minutes. From Cascais, it's a 15-minute drive to the beach, and there are taxis or Uber services available.

Praia das Maçãs

How to Get There: You can take the train from Rossio or Cais do Sodré station to Sintra, which takes about 40-50 minutes. From Sintra, take a bus (No. 441 or 403) or tram to Praia das Maçãs, which will take about 30-40 minutes.

Remember to check public transport schedules and the availability of Uber or taxi services for your return journey before heading out to enjoy your beach day.

Explore Lisbon with Carpe Diem!

Whether you're exploring historic neighborhoods like Alfama, indulging in the culinary delights at affordable Portuguese eateries, or soaking up the sun at the nearby pristine beaches, Lisbon offers plenty of things to do without breaking the bank.

But the best way to enjoy the Portuguese capital to the fullest and avoid the tourist traps is to treat yourself to Carpe Diem Rome's Lisbon Tours.

Our Lisbon Food Tour fully immerses you in the rich, delicious world of Portuguese cuisine, feeding your curiosity while filling your stomach!

If you believe the best way to experience a city is through its nightlife, be sure to check out our Tipsy Tour. This unique tour immerses you in the city’s more scandalous history while giving you a taste of its traditional drinks, and is a great way to meet other travellers!

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Alexander Meddings
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Alexander Meddings is a professional copywriter and postgraduate in Roman history from the University of Oxford. After graduating with his MPhil, he moved to Florence and then Rome to carry out his research on the ground and pursue his passion at the source. He now works in travel, as a writer and content consultant, and in education as a university lecturer and translator.
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