On a smaller budget, you could stay at Residencial Atlantico, where prices are about 37£ per night on average.
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Where to stay in Porto Moniz?
Best cheap hotels in Porto Moniz
Convenience of staying in hotels in the city centre
Consider staying at Aqua Natura Madeira, where you'll be within 5 minutes' walking distance of Porto Moniz Natural Swimming Pools.
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If you're looking for a homey place to stay, consider Pensao Fernandes, located beside LEVADA DAS 25 FONTES / LEVADA DO RISCO. For those traveling with children, think about staying at Salgueiro, where you'll be close to Levada Prazeres - Raposeira and that is located 50 meters from Pensao Residencial Salgueiro. Make sure to choose Apartments Gaivota near Miradouro Garganta Funda - a top-rated resort with views of the ocean.