The One Monumental Palace is the 1923 building on Avenida dos Aliados where Porto once took its coffee at the Café Monumental, restored by the French Maison Albar group and opened as a hotel in late 2018. H10 Hotels bought it in November 2025 and changed the name, but the fabric is the same: Portuguese marble floors, high ceilings, Art Deco lamps and a Bar Américain that plays the 1920s straight. From the door you walk to São Bento, Clérigos and Bolhão on the flat, and down to the river in ten minutes.
Le Monument holds one Michelin star in the 2026 guide. Julien Montbabut, who earned a star in Paris before moving here, cooks a region-by-region Portuguese tasting menu on Tuesday to Saturday evenings, and Yakuza by Olivier does modern Japanese in a second room. Downstairs the Grand Bleu Spa has a heated indoor pool, hammam and sauna, and it is free for guests.
Guests praise the address, the breakfast and the spa, and grumble that the 29 square metre entry rooms feel tight for a five-star rate and that service does not always match the building.