In 2024, the average home price in the region of Metropolitan Lisbon, Portugal, is $724,000, at a price per square foot of $362. By comparison, the national average cost to buy a house in Portugal is $524,000, or $262 per square foot.
Real estate in Metropolitan Lisbon is sought-after by foreign and local buyers alike, and prices have changed by 3.0% compared to the previous year. Homes located in the most popular towns in Portugal, frequented by tourists, tend to be more valuable, while living in remote or lesser-known locations is typically more affordable.
Here’s how Lisbon property prices compare to other regions of Portugal:
Alentejo $312,000
Algarve $664,000
Metropolitan Lisbon $724,000
Center $286,000
North $430,000
Madeira $588,000
Azores $294,000
House prices in the cities and towns of Metropolitan Lisbon, in US dollars
The most expensive town to buy a house in Metropolitan Lisbon is the city of Lisbon, where a 2,000 square foot home costs on average $1,112,000. That’s a price per square foot of $556.
The most affordable place in the Lisbon region to buy a house, of the locations analyzed, is Cadaval, where you can purchase a 2,000 square foot home for as little as $240,000, or $120 per square foot, on average.
Real estate prices in Metropolitan Lisbon’s main cities and towns:
Alenquer $292,000
Almada $562,000
Amadora $540,000
Arruda dos Vinhos $346,000
Azambuja $272,000
Barreiro $412,000
Cadaval $240,000
Cascais $982,000
Grândola $928,000
Lisboa $1,112,000
Loures $538,000
Lourinhã $354,000
Mafra $504,000
Moita $328,000
Montijo $434,000
Odivelas $552,000
Oeiras $808,000
Palmela $408,000
Santiago do Cacém $370,000
Seixal $470,000
Sesimbra $578,000
Setúbal $462,000
Sines $628,000
Sintra $488,000
Torres Vedras $358,000
Vila Franca de Xira $420,000
Ready to make Portugal your home? Find out all about how to buy a house in Portugal as a foreigner.
Metropolitan Lisbon Portugal property prices, in Euro
An average 200-square-meter house in Lisboa sells for around €708,400, or €3,542 per square meter. Property prices in Lisboa have changed by 3.0% compared to last year.
Of the locations analyzed, the priciest properties in Metropolitan Lisbon can be found in the city of Lisbon, going for €1,088,200, on average, or €5,441 per square meter.
On the other hand, the cheapest house prices in Metropolitan Lisbon are in Cadaval, where an average-sized home goes for €234,200. That is based on an average of €1,171 per square meter.
See how much it costs to buy property in other locations in the Lisbon region:
Alenquer €286,600
Almada €549,600
Amadora €527,600
Arruda dos Vinhos €339,000
Azambuja €265,200
Barreiro €402,400
Cadaval €234,200
Cascais €960,600
Grândola €908,600
Lisboa €1,088,200
Loures €526,800
Lourinhã €345,600
Mafra €492,800
Moita €320,200
Montijo €425,200
Odivelas €541,000
Oeiras €791,400
Palmela €398,800
Santiago do Cacém €361,200
Seixal €460,000
Sesimbra €566,400
Setúbal €451,600
Sines €615,000
Sintra €477,600
Torres Vedras €351,200
Vila Franca de Xira €411,200
Home prices vary depending on the condition of the property, the size of the home, and, of course, the location. For example, apartments and homes located in historic town centers tend to be more expensive than in other areas of the town, partly because of their proximity to amenities and partly because of their higher rental value. Moreover, properties in need of extensive renovation are typically priced much lower than those that are in move-in condition.
Methodology:
- When using or citing this data, please give credit with a link to My Dolce Casa
- Home price data source: Idealista.pt valid as of the date of this report
- Original prices published in euros per square meter
- Euros converted to U.S. dollars at an exchange rate valid as of the date of this report
- Square meters converted to square feet
- The average price of a 2,000 square foot home was calculated by multiplying the price per square foot in USD by 2,000
- The average price of a 200 square meter home was calculated by multiplying the price per square meter in Euro by 200
