Lisbon, the charming capital of Portugal, has been capturing hearts worldwide. Among Lisbon’s greatest assets are its diverse neighborhoods, from centrally-located historic districts adorned with splendid architecture to Jacaranda-tree-lined streets hosting fruit markets and cozy cafes.
This coastal city is a haven for expats, attracting people from all corners of the globe who seek a vibrant lifestyle in a gorgeous location. Lisbon boasts a mild Mediterranean climate with warm summers and mild winters, making it a year-round destination for those looking to escape extreme weather conditions.
Beyond the pleasant climate, Lisbon’s real estate market offers varied options, from traditional houses to contemporary apartments, catering to different preferences and budgets. The city’s affordability compared to other major European capitals has also drawn countless expats to call Lisbon home. But with so many neighborhoods to choose from, which ones stand out as the best?
Let’s explore the seven best Lisbon neighborhoods, each with its unique appeal.
Best Lisbon neighborhoods
1. Alfama: the ancient heart of the city
Alfama is Lisbon’s oldest and most historic neighborhood, featuring a charm that transports residents back in time. Cobblestone alleys wind through the area, showcasing treasures like traditional Fado houses and quaint cafes. The Moorish influence is evident in the architecture, and the area’s well-preserved buildings give a glimpse into Lisbon’s past.
Alfama is a haven for history enthusiasts and those who appreciate a slower-paced lifestyle. The neighborhood’s strong sense of community offers a welcoming atmosphere, making it an ideal match for retirees seeking a peaceful place to settle. The area also attracts art lovers and music enthusiasts alike, with art exhibitions and live Fado performances that resonate through the charming streets.
Property options mainly include compact apartments and cozy townhouses. On average, a one-bedroom apartment may cost around $180,000 (€160,000), while a larger two-bedroom apartment could reach $300,000 (€265,000).
Renting in Lisbon Alfama neighborhood also offers an affordable option for those looking to live here. A one-bedroom apartment can be found for an average of $800 (€700) per month, while a more spacious two-bedroom apartment may range from $1,200 (€1,100) to $1,500 (€1,300) per month.
2. Chiado: the bohemian gem
Chiado is Lisbon’s cultural epicenter, known for its vibrant atmosphere and artistic vibe. This trendy neighborhood is a favorite among artists, writers and creatives who seek inspiration from its busy streets and boutiques. The beautiful squares and historic landmarks make it a hub for both locals and tourists.
Living in Chiado comes with an exciting lifestyle, surrounded by plenty of cultural events and entertainment options, such as exploring the impressive collection of bookstores, like the iconic Livraria Bertrand, one of the oldest bookstores in the world. Art enthusiasts will also find joy in the Chiado Museum, which showcases Portuguese contemporary art alongside captivating temporary exhibits. The neighborhood is ideal for young professionals and couples who thrive in an energetic environment.
Apartments in Chiado can vary widely in price depending on size and location. On average, a one-bedroom apartment might cost around $280,000 (€248,000), while a larger two-bedroom apartment could range from $400,000 (€354,000) to $600,000 (€530,000).
Renting in Chiado can be a bit higher due to its popularity and central location. A one-bedroom apartment might cost around $1,500 (€1,300) to $2,000 (€1,800) per month. If you’re looking for a more spacious two-bedroom apartment, prices could range from $2,500 (€2,200) to $3,500 (€3,100) per month.
3. Príncipe Real: the hip haven
Príncipe Real is an up-and-coming neighborhood known for its youthful spirit. It is currently one of the best areas to live in Lisbon for expats. As the sun sets, it comes alive with its eclectic nightlife, featuring a mix of cozy bars and lively music venues that cater to all tastes.
The area offers an ideal blend of bohemian vibes and serene green spaces, such as the stunning Jardim do Príncipe Real, a popular gathering spot for locals and visitors alike.
Príncipe Real is a great match for young professionals, artists, and families looking for a more laid-back, yet hip atmosphere. The neighborhood offers various property types, from modern apartments to renovated townhouses. Prices can vary significantly, with a one-bedroom apartment starting at around $230,000 (€203,000), and a two-bedroom apartment ranging from $350,000 (€310,000) to $500,000 (€442,000).
For renters, a one-bedroom apartment can be secured for around $1,200 (€1,000) to $1,800 (€1,600) per month, while a two-bedroom apartment ranges from $2,000 (€1,800) to $3,000 (€2,700) per month.
4. Baixa: the downtown buzz
Baixa is Lisbon’s downtown district and the heart of commercial activity. This bustling neighborhood offers an energetic ambiance, with its busy streets lined with shops, restaurants, and historical landmarks. The grandeur of Praça do Comércio, Lisbon’s main square, is an incredible sight that captures the essence of the city.
Baixa is a fantastic match for young professionals and individuals who crave the excitement of city living. The real estate market primarily comprises compact apartments, reflecting the urban lifestyle. Prices in Baixa can be higher than in other neighborhoods, with a one-bedroom apartment starting at around $300,000 (€265,000), while a two-bedroom apartment may range from $450,000 (€398,000) to $600,000 (€530,000).
When it comes to renting in Baixa, the convenience of city living also comes with a price tag. A one-bedroom apartment typically starts at around $1,800 (€1,600) to $2,500 (€2,200) per month, reflecting its prime location.
5. Belém: the historic riverside
Belém is a historically significant neighborhood located along the Tagus River. This area is known for its iconic landmarks, including the impressive Belém Tower and the grand Jerónimos Monastery, both UNESCO World Heritage sites. The wide waterfront promenade also offers stunning views.
Belém’s tranquil atmosphere and proximity to green spaces make it one of the best places to stay in Lisbon for families and retirees. The real estate market in Belém offers a mix of contemporary apartments and traditional houses.
Prices in this neighborhood can be higher due to its historic appeal, with a one-bedroom apartment starting at around $320,000 (€283,000), while a two-bedroom apartment may range from $500,000 (€442,000) to $700,000 (€619,000).
To rent in Belem Lisbon, a one-bedroom apartment starts at around $2,000 (€1,800) to $2,800 (€2,500) per month, while a two-bedroom apartment can expect prices ranging from $3,500 (€3,100) to $5,000 (€4,400) per month.
6. Santos: the trendy riverside
This is a hip neighborhood situated along the riverbanks. It is a thriving hub of nightlife and entertainment, attracting a young and diverse crowd. The streets of Santos come alive with its vibrant bars, clubs, and contemporary restaurants, offering a lively atmosphere that continues well into the night.
Santos is an excellent match for young professionals and couples who enjoy the vibrant nightlife and the convenience of living close to the city center. The neighborhood offers a mix of modern apartments and renovated townhouses.
On average, a one-bedroom apartment may cost around $250,000 (€221,000), while a two-bedroom apartment could range from $400,000 (€354,000) to $600,000 (€530,000).
Renting in Santos is also an option with a one-bedroom apartment typically ranging from $1,500 (€1,400) to $2,000 (€1,800) per month, while two-bedroom apartments can cost between $2,500 (€2,200) to $3,500 (€3,100) per month.
7. Campo de Ourique: the relaxed retreat
Campo de Ourique is a charming neighborhood that maintains a village-like ambiance within the city. It is known for its local markets, cozy cafes, and a strong sense of community. This residential area offers a peaceful lifestyle, away from the bustling city center.
Campo de Ourique is one of the best neighborhoods in Lisbon for families and retirees seeking a tranquil area with all amenities within reach. The neighborhood mainly comprises traditional buildings and houses, making it a unique area in the city.
Property prices are relatively affordable compared to central neighborhoods, with a one-bedroom apartment starting at around $220,000 (€195,000), while a two-bedroom apartment may range from $350,000 (€310,000) to $500,000 (€442,000). Renting is also more affordable, with a one-bedroom apartment starting at $1,500 (€1,300) per month, while a two-bedroom apartment can cost between $2,500 (€2,200) to $3,500 (€3,100) per month.
The perfect Lisbon neighborhood awaits
Lisbon’s charm, welcoming community, and reasonable cost of living make it an attractive destination for expats from all walks of life. It truly captivates with its diverse neighborhoods, each offering a unique lifestyle and experience. Whether you’re drawn to the rich history of Alfama, the artistic vibe of Chiado, or the tranquility of Campo de Ourique, Lisbon truly has the right area for everyone.
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