On a smaller budget, you could stay at Hotel Gaudi Mindelo, where prices are about 37US$ per night on average.
89 hotels in Sao Vicente
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Where to stay in Sao Vicente?
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Luxury and boutique accommodation in Sao Vicente
If a fabulous luxury stay is what you're after, think of the 4-star Hotel Foya Branca, which lies within walking distance of Sao Pedro Beach.
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Residencial Beleza will place you next to the beach and within proximity of Presidential Palace, about 900 metres from Sao Vicente city centre.