Perfectly located and exquisitely restored (and accordingly priced to shock!), this 14-room B&B is housed inside what was once the same 19th-century neo-Moorish palace as Embaixada next door. Original frescoes, azulejos and ornate moulded ceilings adorn the hardwood halls and spacious rooms, which are themed after the life of King Dom Pedro V. Indeed, you'll sleep like royalty here yourself.
The best rooms – that imperial suite! – draw natural light and have Jardim Botânico views.