Luxury Real Estate Hotspots in Lisbon

Lisbon remains a leading destination for expats and entrepreneurs moving to Portugal, attracting affluent individuals and families with its distinctive mix of old-world charm, modern comforts, and dynamic culture.

The Portuguese capital continues to attract newcomers with its scenic beauty—cobbled alleys, classic yellow trams, and sweeping river vistas.

Yet it’s not just the aesthetics that impress. A thriving economy, acclaimed culinary scene, and mild climate also contribute to Lisbon’s enduring appeal.

For affluent expats, Lisbon's diverse neighbourhoods make it easy to find the perfect match, whether the priority is proximity to top-tier international schools, access to high-quality healthcare, or a lively nightlife.

Lisbon also offers great connectivity, a welcoming atmosphere, and a wealth of premium property options, cementing its reputation as one of Europe’s most attractive cities for those seeking a new life abroad.

Let's take a look at some of Lisbon's most popular neighbourhoods and their real estate offerings.

Príncipe Real

Luxury Property Type: Contemporary flats, characterful townhouses

Average Price per Square Metre: €8,000 – €12,000

Príncipe Real has emerged as a firm favourite among expats, especially families looking for a balance of tranquillity and trendiness.

This charming district, known for its leafy streets, artisanal shops, and elegant architecture, offers a relaxed yet fashionable setting.

Luxury homes here include tastefully renovated apartments that blend traditional Portuguese features with modern comforts, as well as spacious townhouses with private outdoor space.

Its appeal is further enhanced by excellent access to international schools such as Redbridge International School and top medical centres like Hospital de Santa Maria, making it a superb choice for family-focused expats.

Avenida da Liberdade

Luxury Property Type: Prestige apartments, penthouses

Average Price per Square Metre: €9,000 – €14,000

Avenida da Liberdade, often likened to the Champs-Élysées of Lisbon, is the city’s premier boulevard for luxury living.

Flanked by designer boutiques, five-star hotels, and fine dining establishments, this glamorous avenue is ideal for expats seeking a sophisticated, metropolitan lifestyle.

The real estate offering includes expansive residences and opulent penthouses, many with concierge service, deluxe finishes, and terraces overlooking the city or the Tagus River.

Living here means easy access to top restaurants, high-end shopping, and efficient public transport, all within walking distance of key cultural landmarks.

Cascais

Luxury Property Type: Coastal villas, modern seafront flats

Average Price per Square Metre: €6,000 – €10,000

Only half an hour from Lisbon, Cascais is a top pick for expats drawn to a seaside lifestyle without sacrificing city access.

This elegant resort town boasts a vibrant marina, championship golf courses, and an array of gourmet eateries.

The local property market includes everything from beachfront villas with lush gardens to sleek new-build apartments with panoramic sea views.

Whether your taste leans towards classic Portuguese architecture or cutting-edge design, Cascais has an abundance of high-end choices.

It’s also particularly popular with families, thanks to esteemed international schools like St. Julian's and the American School of Lisbon, along with excellent healthcare facilities, making it an ideal spot for a coastal relocation.

Chiado

Luxury Property Type: Upscale flats, refurbished historic buildings

Average Price per Square Metre: €8,000 – €12,000

Chiado is widely regarded as one of Lisbon’s most refined and stylish neighbourhoods, appealing strongly to expats in search of an exclusive address.

With its elegant cafés, upmarket shops, and rich cultural heritage, Chiado delivers the ideal blend of historical ambience and contemporary sophistication.

The property offerings here include high-spec apartments in restored 18th-century buildings, often featuring sweeping views, modern interiors, and proximity to some of the city’s finest attractions.

From penthouses with river panoramas to expansive flats bathed in natural light, this area is perfect for those who value style, convenience, and being at the centre of Lisbon’s vibrant social scene.

Lapa

Luxury Property Type: Grand townhouses, expansive apartments

Average Price per Square Metre: €7,000 – €10,000

Lapa is Lisbon’s diplomatic enclave, favoured by discerning expats who appreciate peace, prestige, and proximity to the city centre.

Distinguished by embassies and stately villas, the area exudes quiet elegance. Property options include gracious mansions and generously proportioned apartments, often boasting private gardens, pools, and commanding views of the Tagus.

Families value Lapa for its calm atmosphere and access to leading schools such as Lycée Français Charles Lepierre, alongside top healthcare institutions like Hospital da Luz.

For those seeking exclusivity and refined living, Lapa offers a truly distinguished address.

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Contact Portugal Pathways today for expert real estate advice

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About Portugal Pathways

Portugal Pathways has supported hundreds of Golden Visa residency-by-investment applications and provides expert guidance through its professional supply chain network on luxury property, wealth management, and tax optimisation, including post-NHR tax regime planning, as well as private healthcare, IFICI tax incentive applications, money transfers and bespoke relocation solutions to enhance life and investments in Portugal.

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Disclaimer: The information on the Portugal Pathways and Portugal Investment Owners Club (P Club for short) websites and in email communications is for general informational purposes only and should not be construed as legal, tax, or financial advice. You should consult and check with a qualified professional advisor before relying on any information provided on this website or in email communications. As it relates to investments in Golden Visas or other wealth management solutions offered by regulated and professional advisors, it is important to note that past performance is no guarantee of future returns. Private equities can be highly illiquid and come with risk and should always be under professional independent advice. Golden Visa investments need to be held for 6 to 7 years to allow for permanent citizenship/passport in the EU.

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