Lisbon
Atlantic-facing European capital; tiles and trams; world-class gastronomy; tech and startup hub
* Exchange rates shown for illustration only, based on ECB mid-market rate. Actual transactions may be subject to conversion fees.
⚠ Local STR Restrictions — Lisbon
Lisbon: DL 76/2024 lifted national AL freeze, but municipalities retain power to restrict transfers in containment zones. 10% per-building threshold applies.
Market Analysis — Lisbon
Key demand drivers and main investment risks
✅Demand Drivers
- •Strong tourism
- •central-city liquidity
- •international resident demand
- •IFICI tax regime for new residents
⚠️Key Risks
- •AL policy/containment risk
- •very high entry price
- •cap-rate compression
- •RMAL uncertainty
🇮🇱 Notes for Israeli investors
Medium-high Israeli presence; active Israeli brokerage/relocation ecosystem in Portugal; visible capital in Lisbon market
Schools: curricula and languages of instruction
This reports which school curricula and languages of instruction are available to a child in this city — not how many foreign residents live here.
Public schools: languages of instruction: Portuguese; Português · Source
Astoria International School
Curricula: Cambridge Assessment international content/assessments; Portuguese national curriculum
Stages or ages: Nursery from 4 months through Grade 9 (age 14–15)
Language of instruction: not stated by the source
Source · Checked:
Brave Generation Academy — Lisbon Hubs
Curricula: American Core Curriculum; British International Curriculum; Own Curriculum / hybrid hub model; Portuguese+ Curriculum
Stages or ages: Secondary education / Grades 7–12 for Portuguese+
Language of instruction: Portuguese · Language source
Source · Checked:
Carlucci American International School of Lisbon
Curricula: Advanced Placement (AP); American; American (US high school diploma); American Curriculum; IB; IB Diploma Programme
Language of instruction: ENGLISH · Language source
Source · Checked:
Colégio Atlântico
Curricula: IB Diploma Programme
Language of instruction: ENGLISH; PORTUGUESE
Source · Checked:
Colégio Mira Rio
Curricula: IB Diploma Programme; Portuguese curriculum
Stages or ages: Early Years / basic education through Secondary / IB Diploma
Language of instruction: ENGLISH; PORTUGUESE
Source · Checked:
Colégio Planalto
Curricula: IB Diploma Programme; Portuguese curriculum; Portuguese national curriculum
Language of instruction: ENGLISH
Source · Checked:
Instituto Español Giner de los Ríos
Curricula: Bachillerato; ESO; Spanish National Curriculum
Stages or ages: Ages 3–18
Language of instruction: not stated by the source
Source · Checked:
International Sharing School — Lisbon
Curricula: IB Diploma Programme (DP); IB Middle Years Programme (MYP); IB Primary Years Programme (PYP)
Stages or ages: Ages 3–18
Language of instruction: English · Language source
Source · Checked:
Oeiras International School
Curricula: IB Diploma Programme (DP); IB DP; IB Middle Years Programme (MYP); IB MYP; IB Primary Years Programme (PYP); IB PYP
Language of instruction: ENGLISH
Source · Checked:
Prime School — Lisbon Campus
Curricula: Cambridge International / British curriculum
Stages or ages: Ages 3–18
Language of instruction: not stated by the source
Source · Checked:
TASIS Portugal
Curricula: American; British; IB Diploma Programme
Language of instruction: ENGLISH
Source · Checked:
The British School of Lisbon
Curricula: A Levels; Cambridge IGCSE; English National Curriculum
Stages or ages: Ages 3–18
Language of instruction: not stated by the source
Source · Checked:
More schools
The Lisboan International School
Curricula: British (National Curriculum for England); British Curriculum; Cambridge IGCSE; English National Curriculum; IB Diploma Programme; IGCSE; International Baccalaureate pathway
Language of instruction: not stated by the source
Source · Checked:
United Lisbon International School
Curricula: English-language international curriculum; IB Diploma Programme; IB Diploma Programme (Grades 11–12); International Curriculum Association curriculum (Early Years–Grade 10); International Early Years Curriculum (IEYC); International Middle Years Curriculum (IMYC); International Primary Curriculum (IPC)
Language of instruction: English · Language source
Source · Checked:
Listed alphabetically — not a ranking or a recommendation. Compiled from public sources; confirm details with the school.
Properties in Lisbon
901 for sale·412 for rent
Properties for Sale in Lisbon
Latest Listings
Showing 1–12 of 50 listings
2-Bed Apartment · 70 m² in Oeiras Coast
2-Bed Apartment · 86 m² in Oeiras Coast
3-Bed Apartment · 98 m² in Avenidas Novas
4-Bed Villa · 157.48 m² in Oeiras Coast
3-Bed Apartment · 112 m² in Oeiras Coast
2-Bed Apartment · 86 m² in Oeiras Coast
4-Bed Villa · 174 m² in Praceta Fernando de Almeida - Urbanização Colinas do Cruzeiro
2-Bed Apartment · 56 m² in Avenidas Novas
2-Bed Apartment · 51 m² in Principe Real
4-Bed Apartment · 136 m² in Belem / Ajuda
3-Bed Apartment · 112 m² in Oeiras Coast
3-Bed Apartment · 112 m² in Oeiras Coast
Yield by Neighborhood — Lisbon
Microzone investment comparison — CASABROVA
| Neighborhood | Price/m² | STR Yield | STR Status | Character |
|---|---|---|---|---|
| Misericórdia | No data yet | No data yet | N/A | Historic neighborhood in the heart of Lisbon with nightlife, restaurants, and heavy tourism |
| Águas Livres (Lisbon) | No data yet | No data yet | N/A | |
| Arroios / Sao Vicente gentrificationvaluemulticultural | €6,000–€7,500 (₪20,893–₪26,117) | 7.5%–9% | STR Restricted 🟡 RMAL 2025: check parish-level containment status | Multicultural; gentrifying; best value within Lisbon; STR possible outside containment |
| Odivelas | No data yet | No data yet | N/A | |
| Almada, Cova da Piedade, Pragal e Cacilhas | No data yet | No data yet | N/A | |
| Campo de Ourique villageltrresidential | €6,500–€8,000 (₪22,634–₪27,858) | 7%–8.5% | STR Restricted 🟡 RMAL 2025: containment status depends on parish; check before purchasing | Village-feel residential; strong LTR; young professionals; excellent amenities |
| Santa Clara | No data yet | No data yet | N/A | |
| Parque das Nações | No data yet | No data yet | N/A | Modern waterfront area with Vasco da Gama Tower and Expo |
| Santo António | No data yet | No data yet | N/A | Elegant neighborhood in Lisbon with luxury shops and upscale restaurants |
| Águas Livres (Porto) | No data yet | No data yet | N/A | |
| São Vicente | No data yet | No data yet | N/A | Historic neighborhood in Lisbon with flea market and panoramic views |
| Loures | No data yet | No data yet | N/A | |
| Santo António dos Cavaleiros e Frielas | No data yet | No data yet | N/A | |
| Alcântara | No data yet | No data yet | N/A | Historic riverside neighborhood undergoing active urban renewal |
| Avenidas Novas businessltrprofessional | €7,000–€8,500 (₪24,375–₪29,599) | 7.5%–9% | STR Restricted 🟡 RMAL 2025: outside absolute containment; exceptional AL approvals possible | Modern business quarter; strong professional LTR; outside absolute containment areas |
| Arroios | No data yet | No data yet | N/A | |
| Estrela | No data yet | No data yet | N/A | Elegant neighborhood in Lisbon with gardens and the famous Estrela Basilica |
| Benfica | No data yet | No data yet | N/A | Large residential neighborhood west of Lisbon with parks and family amenities |
| Santa Maria Maior | No data yet | No data yet | N/A | Historic heart of Lisbon with São Jorge Castle, fado, and tourism |
| Baixa da Banheira e Vale da Amoreira | No data yet | No data yet | N/A | |
| Campolide | No data yet | No data yet | N/A | Elevated residential area near Amoreiras with new development projects |
| São Domingos de Benfica | No data yet | No data yet | N/A | Green residential area west of Lisbon near Monsanto Park |
Yield and price ranges are internal AI-research estimates from public real-estate portals (Tranio, Investropa, Globes, etc.), refreshed quarterly. Not primary-source data.
Investment Areas in Lisbon
Misericórdia
Historic neighborhood in the heart of Lisbon with nightlife, restaurants, and heavy tourism
No data yet
Águas Livres (Lisbon)
No data yet
Arroios / Sao Vicente
Multicultural; gentrifying; best value within Lisbon; STR possible outside containment
Price from €6,000/m² (₪20,893/m²)
Odivelas
No data yet
Almada, Cova da Piedade, Pragal e Cacilhas
No data yet
Campo de Ourique
Village-feel residential; strong LTR; young professionals; excellent amenities
Price from €6,500/m² (₪22,634/m²)
Santa Clara
No data yet
Parque das Nações
Modern waterfront area with Vasco da Gama Tower and Expo
No data yet
Santo António
Elegant neighborhood in Lisbon with luxury shops and upscale restaurants
No data yet
Águas Livres (Porto)
No data yet
São Vicente
Historic neighborhood in Lisbon with flea market and panoramic views
No data yet
Loures
No data yet
Santo António dos Cavaleiros e Frielas
No data yet
Alcântara
Historic riverside neighborhood undergoing active urban renewal
No data yet
Avenidas Novas
Modern business quarter; strong professional LTR; outside absolute containment areas
Price from €7,000/m² (₪24,375/m²)
Arroios
No data yet
Estrela
Elegant neighborhood in Lisbon with gardens and the famous Estrela Basilica
No data yet
Benfica
Large residential neighborhood west of Lisbon with parks and family amenities
No data yet
Santa Maria Maior
Historic heart of Lisbon with São Jorge Castle, fado, and tourism
No data yet
Baixa da Banheira e Vale da Amoreira
No data yet
Campolide
Elevated residential area near Amoreiras with new development projects
No data yet
São Domingos de Benfica
Green residential area west of Lisbon near Monsanto Park
No data yet
Editorial | CASABROVA
All articles →CASABROVA Global Investor Briefing — October 2026
The board barely moved: twenty-one of twenty-nine markets are unchanged, and the three that crossed two points did so because our own readings changed, not because anything happened in those markets. The top is now a three-way tie — Estonia 74.6, Poland 74.3, Slovenia 74.3 — with three tenths of a point between first and third.
Portugal After the Golden Visa Property Route: Is Demand Changing?
Portugal's prices rose as sales fell. We examine resident foreign buyers, investment flows and what the end of the Golden Visa property route really tells us.
CASABROVA Global Investor Briefing — September 2026
The Score did not move: no market changed by even half a point, and Estonia edged past Poland into #1 by 0.20 — inside the noise. What moved was the cost of money, and in opposite directions: New Zealand and Korea raised, Israel cut, Canada held, and 12-month Euribor crossed 3%. House prices rose in 25 of the 27 markets we can price for 2025, led by Hungary at +18.3%; only Canada and New Zealand fell.
Q2 2026 Investor Briefing
Our quarterly cross-market briefing: twenty-nine markets, the cost of borrowing as a foreign buyer, cycle position, tax by nationality, and the CASABROVA Score.
After Spain: Where Europe’s Foreign Property Money Goes Next
Spain is now late-cycle and crowded for foreign buyers — so where does Europe's property money rotate next? CASABROVA separates revealed preference, structural quality (the Score) and timing (the Master Index), and maps the case for Romania, Poland and the UAE.
CASABROVA Global Investor Briefing — June 2026
June’s briefing is a one-time Score reset: Netherlands, Ireland and Poland cluster at the top; Spain, Portugal and Czechia remain in withdrawal; Greece is at peak; Germany and the UK move toward recovery; Romania enters the Virtual Portfolio.
The Yield Illusion: Why Municipal STR Regulations are Destroying Cross-Border Valuations
A massive "Yield Illusion" has formed. Investors are pricing properties based on historical cash flows, fatally ignoring that hyper-local municipal regulations have decoupled historical performance from future returns.
Iberian Crossroads: Portugal vs. Spain for Real Estate Investors in 2026
Spain has tightened STR rules and abolished its Golden Visa entirely. Portugal pivoted — lifting license freezes but doubling entry tax. A surgical comparison of the four vectors that matter.
Market Review — Lisbon
Lisbon is Southern Europe's most polished real estate market — a city that has transformed from a budget destination into a global tech and lifestyle hub over the past decade. At €6,900–7,500/sqm, prices are approaching Western European levels, but STR yields of 7.5–8.5% remain strong enough to justify entry. LTR at 4–4.5% provides a stable baseline.
The STR regime in Lisbon is nuanced: new licenses in the historic center (Alfama, Baixa, Chiado) are restricted, but established licenses trade at a premium. The suburban ring (Almada, Cascais, Sintra) offers alternatives. Year-over-year growth of 6% is steady and sustainable — no longer the double-digit spikes of the Golden Visa era, which is actually healthier.
Post-Golden Visa, post-NHR, the investor profile in Lisbon is shifting from tax-optimizers to genuine lifestyle buyers and operators. This is positive for long-term market health. The Web Summit and tech startup ecosystem provide employment-driven demand that didn't exist a decade ago. Risk: Lisbon's rental market is increasingly regulated, with rent control proposals gaining political traction. For investors, the sweet spot has moved south to the Algarve and Silver Coast for yield, while Lisbon itself is increasingly a capital appreciation play.
Last updated: April 13, 2026
Discussions — Lisbon
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