Not sure if you are talking about Hostels or Pensions.
These are all near the Cultural Centre and the Red Eye
Hostels -
RC - See: http://bit.ly/9xShDA
Monkey House - See http://bit.ly/bxNQhi
Gold Coast - See http://bit.ly/9Jfj8x
Pousada da Juventude http://www.pousadasjuventude.pt
Pensions in the Centre
Pensão Cidade Velha http://www.cidadevelha.info
Residencial Sol a Sol http://www.residencialsolasol.com/
Pensão MarAzul http://www.pensaomarazul.com/
