The Top 10 Cheap Places to Travel in Spain and Portugal

Are you looking for an amazing yet affordable travel destination? Look no further than Spain and Portugal! With hundreds of fascinating cities, picturesque beaches, stunning mountain views, and vibrant culture. Spain and Portugal offer endless opportunities to explore cheap countries in Europe. There are plenty of inexpensive options that can make your trip more budget-friendly. In this post, I’m going to give you my top 10 picks for places to travel in Spain and Portugal when you’re traveling on a tight budget!

1. Palma, Spain

Palma de Mallorca

If you’re looking for places to travel in Spain and Portugal, you should definitely consider Palma. It has great weather year-round, plenty of activities to keep you busy, and the best part is it’s incredibly cost effective. Whether you’re planning a vacation for two or for a large group of friends, the expenses won’t be too steep. Accommodations such as hotels, guesthouses, and Airbnbs are available at great prices.


For visitors on a budget, there are also lots of places to explore around Palma for free. This includes Castell de Bellver and La Seu Cathedral. There’s plenty of public transport options like buses and inexpensive bike rental services available across the city, getting around could not be easier or cheaper. With so many things to see without spending too much while traveling in Spain or Portugal, Palma should definitely be a top choice!

2. Porto, Portugal

Porto City

Situated at the mouth of the Douro River, Porto is often referred to as the cheapest place to travel in Spain and Portugal. Porto’s stunning location with beaches and mountains offers something for everyone, from sun-seekers to those who prefer more rugged activities. There are plenty of places worth exploring such as parks and gardens if you’re after a peaceful ambiance and churches that offer a unique history lesson.


The city itself has lots of amazing historical monuments and interesting shops for those keen on discovering new places. It’s worth noting that this place can also be great when traveling with children, offering plenty of places to enjoy fun activities like amusement parks or family-friendly museums. All things considered, Porto is definitely one of the cheapest places to travel in Europe!

3. Valencia, Spain

Pont de l'Exposició

4. Lisbon, Portugal

Alfama, Lisbon

Lisbon is a great place to travel if you’re looking for something affordable. From affordable accommodation to food and attractions, Lisbon offers places to explore without breaking your budget. You can find some amazing budget hotels and Airbnb’s that won’t put a dent in your wallet. That way you can spend more on discovering the culture of the city. Plus, Lisbon has fantastic restaurants that feature delicious traditional Portuguese dishes made at an affordable price.


Not to mention, with its incredible art galleries and historical sites, there are plenty of opportunities for cultural exploration. Put simply, if you’re searching for places to travel in Spain and Portugal without spending too much money, Lisbon is an ideal destination!

5. Seville, Spain

Plaza de España

Seville is the perfect place to visit if you’re looking to explore places in Spain and Portugal without breaking the bank. It offers plenty of attractions that won’t cost a fortune, such as its quaint cobblestoned alleys where Flamenco dancers bring the streets alive with vibrant guitar music. Further, Seville is home to some of the most beautiful cathedrals, palaces, and buildings that are sure to take your breath away, yet still remain very affordable.


Lastly, there are plenty of places for visitors to relax and enjoy their stay. From parks blending modern art with historical elements to cozy neighborhoods full of old-style taverns and tea houses. Seville is surely an ideal destination for those on a budget looking for places to travel in Spain and Portugal!

6. Faro, Portugal

Palácio de Estoi

If you’re looking for places to travel in Spain and Portugal on a budget, Faro is the place to be! Located at the southern tip of Portugal and a short distance away from Spain, this charming city offers various affordable attractions. This city offers plenty of incredible attractions from breathtaking natural landscapes to vibrant streets, so you don’t need to break the bank to have a great time there. 


Prices of museums, restaurants, places of cultural interest, and accommodation are generally more reasonable than other places in the two countries. Furthermore, the rich history and beautiful sights make Faro well worth a visit!

7. Vigo, Spain

Vigo City Square

Vigo, which lies in the southwestern corner of Spain, is an increasingly popular destination for travelers who are on a budget. With warm beaches, spectacular cultural attractions, and exciting outdoor activities, it’s no wonder that Vigo provides a sunny getaway in Spain.


Plus, with plenty of public transport options and ample accommodation options ranging from camping sites to luxury hotels, visitors can pick what suits their budget best. Travelers visiting Vigo will find great value for their money — it’s worth adding this vibrant port city to any itinerary!

8. Madeira, Portugal

Ponta do Sol

Madeira is quickly becoming a popular place to travel in Portugal. It’s not only incredibly beautiful, but also surprisingly affordable. There are lots of incredible options when it comes to finding places to stay in Madeira while traveling. The island has unique opportunities with some hotels offering beach-side lodgings or private apartments that can often be rented for much less than larger hotels.


Eating out on the island won’t cost an arm and a leg either. You can make your money stretch quite far if you’re willing to do a little research beforehand about where to get good value for your Euros. The best way to enjoy a cheap trip to Madeira is simply getting lost in its nature and exploring without spending too much. Enjoying this gorgeous destination is possible without draining your wallet!

9. Granada, Spain

Alhambra Palace

Granada is an incredible and affordable place to travel in both Spain and Portugal. It’s brimming with history, culture, and stunning places to visit. Whether it’s taking a walk through the historic Alhambra Palace or lounging on the shore of the Mediterranean Sea, Granada has something for everyone.


Prices for attractions, meals, and lodging are all quite reasonable compared to other places in Spain and Portugal. In addition to its affordability, Granada also offers amazing nightlife options that won’t break the bank. From local taverns to underground clubs to let loose after a day of exploring all that this city has to offer.

10. Coimbra, Portugal

University of Coimbra

Coimbra is a great destination for budget travel in Spain and Portugal. Located along the Duoro River, it offers many places of interest that won’t break your bank. The city is renowned for its historic university, which dates back to 1290 and was the first university in all of Portugal. Lovers of culture can explore the many places of worship scattered across the city, visit the old university buildings, and stroll through attractions like Santa Cruz Monastery or Mondego River Valley National Park. 


What’s even better is that you can do all these things for an affordable price. Coimbra offers great discounts on accommodation along with low-cost restaurants and souvenirs too. With all this on offer, it clearly makes Coimbra a top choice for places to travel when you’re trying to save money!

While You're Still Here...

Planning a vacation in Spain and Portugal doesn’t have to break the bank! There are plenty of places to explore without having to splurge. Whether you’re looking to soak up some sun on the beaches of Faro, find your creativity in Lisbon’s awe-inspiring architecture, or connect with nature while hiking the trails around Portugal’s natural landmarks, there are numerous places throughout both countries that can provide an enjoyable getaway at an incredible price. 


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