Perched on one of Lisbon’s famed seven hills that make up the historic downtown, the understated Bairro Alto Hotel is the perfect spot for a sojourn in the Portuguese capital. Occupying a well-preserved 19th-century building on Praça Luís de Camões square that marks the border between the Bairro Alto and Chiado neighborhoods, the property’s traditional architecture and ocher facade give way to a tasteful décor inside of muted blues, grays and browns to exude a certain urban coziness.