Residencial Porto Novo is a nice small hostel/residential not far away from the soa bento train station (20min walk) and the cathedral (which is not far away from the station). the location is a little off the tourist city centre, but not too far. since porto's ancient part isn't that big, i guess it's hard to find a hostel far off the centre, but this one is just a little away. it's situated near "rua de santa catarina" the main shopping road of porto (which is more or less the western "border" of the centre). right in front of the building, there is a bus stop and taxis are available all the time.
the residencial is clean, the rooms are ok, but seems save. the street outside is really loud, so if you prefer a quiet time, take a room to the back of the building. there is no breakfast, but right on the other side of the road are small cafés where you can have cheap but extraordinary coffee ("um café" is an espresso) and great pastry (try "pastel de nata" ). the owner and staff do not speak english. but when you try and speak with your hands they will understand. due to that fact, it's hard to get information about porto from them. nevertheless they are friendly.
one last tip - visit "hot-five-club" about 10 min away from the residencial in largo de actor dias road, a nice blues and jazz club with great shows.
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