Lisbon, Portugal
Property prices · 2024 · Europe
Property price trend in Lisbon (2024–2026)
Property comparison — cities in Portugal (2024)
Other Europe cities (2024)
Frequently asked questions
How much does property cost in Lisbon in 2024?
In Lisbon, the average price per sqm in the city centre is EUR 5,200, and EUR 3,200 outside the centre (2024 data). Prices have risen 7% since 2024.
How much is rent in Lisbon in 2024?
A 1-bedroom apartment in Lisbon rents for approximately EUR 1,200 per month in 2024. A 3-bedroom apartment costs around EUR 2,000/month.
Is it better to buy or rent in Lisbon?
Renting is generally more cost-effective in Lisbon. The price-to-rent ratio is 21.0x — it would take approximately 21.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 3.40%.
What are mortgage rates in Portugal in 2024?
The average mortgage rate in Portugal is approximately 3.40% as of 2024. With a price-to-rent ratio of 21.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Lisbon?
The average property price per square metre in Lisbon city centre is EUR 5,200 in 2024. Outside the centre, expect to pay around EUR 3,200/sqm.