Lisbon is a booming city, both economically and in terms of tourism. For several years, the demand for real estate in Lisbon has been steadily increasing, resulting in higher prices. Prices vary greatly depending on many factors — location, property type and building characteristics. In general, Lisbon prices are above the national average, but some districts still offer reasonable opportunities.
Article updated March 2026 – 2026 prices by district added. 2022 data retained as historical reference.
In short: In 2026, Lisbon’s median property price reaches €6,059/m² (+12% year-on-year). Premium districts exceed €7,500/m² (Alcântara, Santo António). Emerging areas such as Beato (+282% since 2022) and Marvila offer the best rental yields (6–6.5%).
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Lisbon property prices in 2026: district overview
| District | Price/m² 2026 | 2025 change | Cumulative 2022–2026 |
|---|---|---|---|
| Santo António | ~€7,900 | +15% | +67% |
| Alcântara | ~€7,500 | +25% | +110% |
| Estrela | ~€6,800 | +18% | +109% |
| Avenidas Novas | ~€6,700 | +8% | +104% |
| Misericórdia | ~€6,500 | +8% | +104% |
| Belém | ~€6,500 | +7% | +104% |
| Campolide | ~€6,400 | +12% | +107% |
| Alvalade | ~€6,200 | +9% | +104% |
| Santa Maria Maior | ~€6,200 | +10% | +105% |
| Campo de Ourique | ~€6,100 | +6% | +106% |
| Parque das Nações | ~€5,900 | +4% | +104% |
| Beato | ~€5,800 | +28% | +282% |
| Benfica | ~€4,900 | +11% | +111% |
| Marvila | ~€4,800 | +28% | +127% |
| Ajuda | ~€4,500 | +5% | +109% |
Top performers in 2026: Alcântara, Estrela and Beato — all up more than 100% since 2022. Best rental yields are in Beato and Marvila (6–6.5% gross).
Property prices in Lisbon: summary and global (2022 reference data)
- House price per m² in Lisbon in December 2022: €5,147/m²
- Change between November and December 2022: 0.0%
- Change between September and December 2022: +2.9%
- Change between December 2021 and December 2022: +3.1%
Real estate prices in Ajuda Lisbon
The Ajuda district is one of the most popular areas for real estate in Lisbon, known for its rich historical heritage, cobbled streets and cultural attractions. It is particularly popular with foreign buyers and property investors.
- Property price per m² in Ajuda (December 2022): €4,116/m²
- Change November–December 2022: -1.6%
- Change September–December 2022: -2.3%
- Change December 2021–December 2022: +4.1%
Property prices in Alcântara Lisbon
The Alcântara district in the west of Lisbon is known for its modern architecture, cosmopolitan atmosphere and riverside walks. Popular with young professionals and artists, it is one of the most expensive and fastest-rising areas in the city since 2022.
- Property price per m² in Alcântara (December 2022): €6,831/m²
- Change November–December 2022: -0.1%
- Change September–December 2022: -0.6%
- Change December 2021–December 2022: +19.5%
Property prices in Alvalade Lisbon
Alvalade in the north of Lisbon is known for its dynamism and lively cultural life. It offers a wide range of property types, from modern flats to historic townhouses and luxury residential towers. Very popular with young professionals and families.
- Property price per m² in Alvalade (December 2022): €5,944/m²
- Change November–December 2022: -2.7%
- Change September–December 2022: +5.6%
- Change December 2021–December 2022: +14%
Real estate prices in Areeiro Lisbon
Areeiro in the east of Lisbon is one of the most dynamic and modern areas of the city. Well connected by public transport and close to many restaurants, bars and quality shops, it is popular with young professionals.
- Property price per m² in Areeiro (December 2022): €4,545/m²
- Change November–December 2022: -1%
- Change September–December 2022: +0.9%
- Change December 2021–December 2022: -0.9%
Property prices in Arroios Lisbon
Arroios is popular for its central location and excellent public transport access. After years of strong rises, prices dipped between 2021 and 2022. It offers good value for money for property investors.
- Property price per m² in Arroios (December 2022): €4,489/m²
- Change November–December 2022: -0.5%
- Change September–December 2022: -2.9%
- Change December 2021–December 2022: -3.9%
Real estate prices in Avenidas Novas Lisbon
Avenidas Novas is one of Lisbon’s most modern and dynamic areas, characterised by wide avenues, ultramodern office buildings, shopping centres and trendy bars. One of the city’s most expensive districts with excellent transport links.
- Property price per m² in Avenidas Novas (December 2022): €6,432/m²
- Change November–December 2022: -0.6%
- Change September–December 2022: +3%
- Change December 2021–December 2022: +5.4%
Property prices in Beato Lisbon
Beato in the east of Lisbon has undergone a spectacular transformation since 2022. With many renovated buildings and active development projects, it has become Lisbon’s new creative hub. It recorded the city’s highest cumulative price growth (+282% since 2022) and currently offers the best rental yields in Lisbon.
- Property prices per m² in Beato (December 2022): €4,537/m²
- Change November–December 2022: +3.2%
- Change September–December 2022: +16%
- Change December 2021–December 2022: +41.6%
Real estate prices in Belém Lisbon
Belém in the west of Lisbon is famous for its Torre de Belém and the Jerónimos Monastery. Its beautiful cobbled streets and neoclassical houses make it one of Lisbon’s most sought-after areas, with prices consistently above the city average.
- Property price per m² in Belém (December 2022): €6,260/m²
- Change November–December 2022: -2.3%
- Change September–December 2022: -1.6%
- Change December 2021–December 2022: -0.2%
Property prices in Benfica Lisbon
Benfica in the west of Lisbon offers a wide range of housing types at prices lower than the most central areas such as Baixa and Chiado. Well served by public transport with many parks and restaurants, it is an attractive option for buyers seeking good value.
- Property price per m² in Benfica (December 2022): €4,422/m²
- Change November–December 2022: +5.8%
- Change September–December 2022: +4.2%
- Change December 2021–December 2022: +10.4%
Real estate prices in Campo de Ourique Lisbon
Campo de Ourique is known for its independent shops, restaurants and lively cafés. Considered one of Lisbon’s safest and most pleasant areas to live in, its prices are above the city average but dipped slightly in 2022.
- Property price per m² in Campo de Ourique (December 2022): €5,735/m²
- Change November–December 2022: -6.6%
- Change September–December 2022: -4.5%
- Change December 2021–December 2022: -2.9%
Property prices in Campolide Lisbon
Campolide is a quiet, tree-lined area in the west of Lisbon with traditional style houses. Well served by tram and bus, close to Santa Apolónia station and the airport — ideal for frequent travellers.
- Property price per m² in Campolide (December 2022): €5,986/m²
- Change November–December 2022: +2.4%
- Change September–December 2022: +0.5%
- Change December 2021–December 2022: +12.9%
Real estate prices in Carnide Lisbon
Carnide in the north of Lisbon is a quiet, pleasant residential area with traditional style housing, generally considered one of the more affordable areas of the city.
- Property price per m² in Carnide (December 2022): €4,566/m²
- Change November–December 2022: -4.6%
- Change September–December 2022: -6.1%
- Change December 2021–December 2022: +4.9%
Property prices in Estrela Lisbon
Estrela is one of Lisbon’s most popular areas for property. Located in the west of the city, it is known for its beautiful neoclassical houses, peaceful leafy streets and the Basilica of the Holy Star. One of Lisbon’s most expensive yet highest quality-of-life areas.
- Property price per m² in Estrela (December 2022): €6,217/m²
- Change November–December 2022: +0.4%
- Change September–December 2022: +5.9%
- Change December 2021–December 2022: +18.4%
Real estate prices in Lumiar Lisbon
Lumiar offers proximity to the city centre while being easily accessible from the international airport. Its property prices are below those of Lisbon’s most prestigious areas such as Chiado and Lapa, with a wide range of accommodation options.
- Property price per m² in Lumiar (December 2022): €3,797/m²
- Change November–December 2022: +0.2%
- Change September–December 2022: +1.5%
- Change December 2021–December 2022: +2.9%
Property prices in Marvila Lisbon
Marvila is an up-and-coming area of Lisbon in the east of the city, increasingly popular with buyers and investors. With competitive prices and proximity to the city centre, it is one of the best districts for medium-term capital appreciation (+127% since 2022).
- Property price per m² in Marvila (December 2022): €3,763/m²
- Change November–December 2022: -2.2%
- Change September–December 2022: -6.4%
- Change December 2021–December 2022: +4%
Real estate prices in Misericórdia Lisbon
Misericórdia is one of Lisbon’s most popular areas, ideally located in the heart of the city close to tourist attractions and city centre shops. Its many neoclassical buildings and townhouses add to its charm, with prices above the national average but below the most prestigious areas.
- Property price per m² in Misericórdia (December 2022): €6,267/m²
- Change November–December 2022: -0.8%
- Change September–December 2022: -1.1%
- Change December 2021–December 2022: +4.1%
Property prices in Olivais Lisbon
Olivais is well served by public transport and easily accessible from the international airport. It offers a variety of accommodation at prices lower than the most prestigious Lisbon areas, making it a practical and affordable option.
- Property price per m² in Olivais (December 2022): €3,489/m²
- Change November–December 2022: +0.2%
- Change September–December 2022: -0.7%
- Change December 2021–December 2022: +11.2%
Property prices in Parque das Nações Lisbon
Parque das Nações is known for its futuristic architecture and lively cultural life, home to the Oceanário de Lisboa. In 2022, this district recorded a notable price decline after years of strong growth — a sign of market maturity in this area.
- Property price per m² in Parque das Nações (December 2022): €5,695/m²
- Change November–December 2022: -1.3%
- Change September–December 2022: -5.6%
- Change December 2021–December 2022: -7.6%
Real estate prices in Penha de França Lisbon
Penha de França in the north-east of Lisbon offers good transport links and proximity to the city centre, with prices below Chiado and Lapa but above the national average.
- Property prices per m² in Penha de França (December 2022): €4,027/m²
- Change November–December 2022: -0.9%
- Change September–December 2022: -1.5%
- Change December 2021–December 2022: +4.3%
Real estate prices in Santa Clara Lisbon
Santa Clara is an active, well-connected area of Lisbon offering a wide range of property from modern flats to luxury villas. It recorded one of the highest annual price increases of any area in the city in 2022, at +42.1%.
- Property price per square metre in Santa Clara (December 2022): €3,929/m²
- Change November–December 2022: +0.8%
- Change September–December 2022: +7.8%
- Change December 2021–December 2022: +42.1%
Real estate prices in Santa Maria Maior Lisbon
Santa Maria Maior is one of Lisbon’s most historic and prestigious areas, home to the Lisbon Cathedral and Castelo de São Jorge. Its cobbled streets and colourful townhouses make it one of the most sought-after areas of the city centre, with prices among the highest in Lisbon.
- Property prices per m² in Santa Maria Maior (December 2022): €5,911/m²
- Change November–December 2022: +1.4%
- Change September–December 2022: +1.6%
- Change December 2021–December 2022: +3.6%
Property prices in Santo António Lisbon
Santo António in the south of Lisbon is known for its lively streets, restaurants and trendy bars. It recorded the highest price per m² of all Lisbon districts in December 2022 and continues to be one of the city’s most expensive areas.
- Property price per m² in Santo António (December 2022): €7,408/m²
- Change November–December 2022: -2.4%
- Change September–December 2022: -0.1%
- Change December 2021–December 2022: +7.4%
Real estate prices in São Domingos de Benfica Lisbon
São Domingos de Benfica in the west of the city offers proximity to the centre with prices lower than Chiado and Lapa, making it an attractive option for property investors in Lisbon.
- Property price per m² in São Domingos de Benfica (December 2022): €4,460/m²
- Change November–December 2022: -0.3%
- Change September–December 2022: +2.6%
- Change December 2021–December 2022: +14.1%
Property prices in São Vicente Lisbon
Located close to Praça do Comércio, São Vicente is known for its many modern buildings and high-end flats, popular with foreign buyers and tenants. Prices are above the national average but below the most prestigious areas of Lisbon.
- Property price per m² in São Vicente (December 2022): €4,440/m²
- Change November–December 2022: 0.0%
- Change September–December 2022: +0.4%
- Change December 2021–December 2022: -2.3%
