Lisbon Property

Buyers looking at Lisbon property will find that the city has undergone something of a transformation in recent years, partly spurred by hosting matches in the Euro 2004 football tournament – the city centre and its transport infrastructure were given a facelift in anticipation of intense international scrutiny. As a result, one of Europe’s loveliest capitals has benefited from some considerable investment to bring standards up to a 21st-century level.
Prices of Lisbon properties are still very competitive compared to some other European capitals. In the city centre, spacious apartments in refurbished character buildings are all the rage. Studio and one-bedroom apartments are, on average, larger than you’ll find in many cities and very affordable, and often come with parking facilities – beyond most people’s means in Barcelona or Paris, for example. There are still inexpensive Lisbon property refurbishment opportunities around if you are prepared to search them out.
Lapa and Principi Reale are the most exclusive districts in the city and may offer the best Lisbon property rental opportunities. Lisbon properties for sale in the outer suburbs have lower prices but are still within easy commute of the centre, thanks to the improved transport links now in place.
A popular course of action for buyers of Lisbon properties is to look to one of its satellite towns – Sintra is a very desirable area, though quality property in Lisbon rarely comes on the market and carries a premium. Estoril and Cascais are also well-to-do alternatives to city centre living, offering close proximity to the heart of the city but in a very picturesque setting.
The Homes Overseas Guide to Buying Property in Portugal has advice on the legal and financial aspects of buying Portugal property, plus overviews and information on the buying process of Lisbon property.
Some information contained herein may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and/or financial advise from a qualified professional.

Property in Lisbon: