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The Pensão Praça da Figueira is a sure budget bet. It offers a wide variety of clean, pleasant rooms with good prices, and a great location overlooking the square.
Once strictly a hostel, friendly owner Leonardo has been shifting the vibe from budget-basic to budget-plus. Newer floors (he's slowly taking over the building) have rooms with more amenities; however all feel fresh. And no matter which you choose, you'll have nice wood floors and fresh furniture.
The second-floor rooms, added in spring 2006, come with the most amenities. All have high ceilings, modern bed frames, and shiny new en suite bathrooms plus extra perks, such as air-conditioning, a mini-fridge, and hair dryer.
Rooms on the fourth floor are the cheapest and come only with a bed. Third-floor rooms are somewhere in between. You get a television and private shower, though no toilet en suite.
Each floor at the Figueira has a guest kitchen with a full-size refrigerator, sink, and microwave. The third floor has a monster TV in the lounge, which is good since none of the rooms have their own TV. And there's a payphone at reception.
About half the rooms look out on to the Praça. The rest look onto a side street. Oh, and check out Leonardo's photographs, which hang all over the pensão. | 
