We would never have found this place, if not for being summoned here by some locals.  This one-room spot in Principe Real has just the perfect balance of hip ambiance and the truly local flare that you were looking for.  A great jumping off point for a foray into the Bairro Alto.  You will see debauchery near, but can enjoy cocktails or wine with adults in this little oasis.  We were only here for a couple of drinks, but gained a great appreciation for its chill atmosphere shortly – after getting a taste of the just-a-little-much behavior in the nearby street parties.  And they won’t force you into the street.  Not really.  Sit outside by the door, greet your friends en route to the parties, and chill.  Small bites and great cocktails.  But if you leave, you best be strapped in for the wild and wooly student-fueled party atmosphere surrounding it.

Pub Lisboeta, Rua Dom Pedro V 63, 1250-096 Lisboa, Portugal