Best Value Restaurants in Lisbon: Where to Eat That's Worth It

The best value restaurants in Lisbon are regarded for their location, menu variety, quality of food and service and wallet-friendly prices. They also provide a great excuse to explore the Portuguese capital, situated as they are in different city neighbourhoods. Populi ticks all the boxes with its splendid menu, super friendly service and fantastic downtown location. Benefitting from an equally cool setting is Sea Me, a seafood eatery based in Chiado. Similarly, at the waterfront IBO Marisqueira seafood is the catch of the day, all priced very reasonably. Considering the quality of its Argentinian steaks, an evening out at La Paparrucha is remarkably good value and includes amazing views of mid-town Lisbon. Open, located at Inspira Santa Maria hotel near Avenida da Liberdade, is noted for its healthy cuisine, promotion of sustainable produce and highly valued social awareness campaigns. For a light lunch that’s easy on the pocket, grab a table at Tascardoso, a humble little eatery up in Principe Real that serves traditional Portuguese cuisine. Alternatively, if Spanish-style tapas works up your appetite, head to Cais do Sodre and the stylish Meson Andaluz. In Graça, locals in the know dine in at O Piteu da Graça, highly regarded for its homemade fare and sociable atmosphere. Meanwhile, pocket-sized A Baîuca, tucked away in Alfama, provides amateur fado and lively banter with its hearty meals – an all-round authentic dining experience! And for something new, quite literally, grab a table at the recently inaugurated Trato32 where the pasta is as good as mama makes. 



Chef João Espírito Santo presides over the kitchen at this minimalist designed restaurant housed in the recently inaugurated opened Porto Bay Marquês Hotel. Opening directly onto the street and immediately accessible, Trato32 reveals itself...  Read More



This shoe box-sized taberna in Alfama serves up ensopado de borrego (lamb stew and toasted bread) among other rich, heart Portuguese fare. But what really is special about this family-run eatery is the amateur fado performances (fado vadio) that...  Read More



Very often it's the simplest and entirely unassuming of restaurants that serve the most memorable meals, and this humble eatery does just that! Of course, the locals have known this for years. The menu is right up their street, an appetising...  Read More



The mouth-watering selection of tapas at this enchanting Spanish restaurant is on par with anything Madrid can rustle up. Tasty appetizers listed include pumpkin soup with curd cheese and wild fruits, garlic prawns bathed in virgin olive oil,...  Read More

Bairro Alto/Principe Real


They don't stand on ceremony at this tiny tasca, set on a side street just off Praca do Principe Real. But then that's not really the point. Instead, this rustic and informal eatery is feted for its traditional Portuguese cuisine, served...  Read More



Designed around a Mediterranean brasserie concept, the in-house restaurant at Inspira Santa Marta Hotel exudes a pleasantly understated cosmopolitan ambiance. The fine dining venue's cultured organic look is deliberate and the kitchen follows...  Read More

Bairro Alto/Principe Real


This Michelin recommended Argentinian restaurant is famed for its choice of succulent parrilla-grilled steaks, anything from sirloin and tenderloin to rump and flank. Serving options range from a juicy tenderloin wrapped in puff pastry with wild...  Read More

Cais do Sodré/Santos


Devoted almost entirely to seafood in all its colourful and mouth-watering shapes and sizes, IBO enjoys a Mozambican heritage and their outstanding tiger prawns remain one of the great menu highlights. But the ocean harvest also celebrates...  Read More



In English Peixaria Moderna means "modern fish market", and this is exactly what this stylish eatery functions as. The selection of seasonal fresh fish and seafood is outstanding, and rather than hidden away in the kitchen the "catch" is...  Read More



"Fusion without the confusion!" Executive chef Giorgio Damasio poetically describes the cusine served at Populi succinctly and with equal reverence for the gastronomy of his native Italy and that of his adopted Portugal. "Portugal has the best...  Read More


Meet Paul Bernhardt

Paul Bernhardt cut his teeth as a press photographer in England before leaving the UK to settle in Portugal, where he has lived for over a decade, and where he started to focus on more...  More About Paul