The Lisbon real estate market in 2025 continues to command attention across Europe. Once considered a hidden gem, Portugal’s capital has now become a magnet for foreign property buyers in Europe - especially those comparing average apartment costs across European cities in 2025. This in-depth guide explores property prices in Lisbon, with a breakdown by district and apartment type, recent price dynamics, and investment opportunities.
Lisbon Real Estate Market Overview (2025)
As of July 2025, the average price per square meter in Lisbon is approximately €6,832, reflecting a consistent upward trend.
Lisbon offers a unique lifestyle proposition: ocean proximity, 300+ days of sunshine, walkable neighborhoods, and a balance between tradition and modernity. But equally important are the structural changes behind the price surge - including Portugal’s stability and international demand.
The country remains one of the most searched destinations for buying property in Europe as a foreigner, due in part to its safety, visa access, and affordability compared to other capitals. As a result, real estate prices in Portugal - and especially in Lisbon - have seen steady growth.
For readers looking for Lisbon real estate price trends or how much it costs to buy an apartment in Lisbon in 2025, this article offers detailed, district-level breakdowns.
Studio Apartment (T0) Prices in Lisbon in 2025
All prices in the following table reflect listings and market averages as of July 2025.
For solo buyers, investors, or digital nomads, T0 apartments in Lisbon offer an affordable entry point. These units are typically compact but often located in central neighborhoods.
<table> <tbody> <tr class="blue-row" > <td><strong>District</strong></td> <td><strong>T0 Avg Size</strong></td> <td><strong>T0 Avg Price (€)</strong></td> </tr> <tr> <td>Santo António</td> <td>39.0 m²</td> <td>€356,219</td> </tr> <tr> <td>Avenidas Novas</td> <td>48 m²</td> <td>€395,296</td> </tr> <tr> <td>Estrela</td> <td>28.1 m²</td> <td>€263,300</td> </tr> <tr> <td>Parque das Nações</td> <td>38.5 m²</td> <td>€398,333</td> </tr> <tr> <td>Misericórdia</td> <td>54.25 m²</td> <td>€337,500</td> </tr> <tr> <td>Campo de Ourique</td> <td>52 m²</td> <td>€275,000</td> </tr> </tbody> </table>Source: MonoEstate, July 2025.
This breakdown helps users compare average T0 apartment prices in Lisbon and identify the most affordable districts for entry-level investments.
Looking for Lisbon studio apartment prices by neighborhood? Use this table to guide your decision and explore more district data on our platform.
Studio apartments can be a smart entry-level option for those considering real estate investment or a city base in Lisbon.
One-Bedroom (T1) Apartment Prices in Lisbon (2025)
All prices in the following table reflect listings and market averages as of July 2025.
T1 apartments are the most in-demand format among couples, young professionals, and buy-to-let investors. They strike a balance between space and price.
<table> <tbody> <tr class="blue-row" > <td><strong>District</strong></td> <td><strong>T1 Avg Size</strong></td> <td><strong>T1 Avg Price (€)</strong></td> </tr> <tr> <td>Santo António</td> <td>79.95 m²</td> <td>€713,857</td> </tr> <tr> <td>Avenidas Novas</td> <td>61.56 m²</td> <td>€589,000</td> </tr> <tr> <td>Estrela</td> <td>60 m²</td> <td>€395,139</td> </tr> <tr> <td>Parque das Nações</td> <td>71.6 m²</td> <td>€539,749</td> </tr> <tr> <td>Santa Maria Maior</td> <td>54.3 m²</td> <td>€341,893</td> </tr> <tr> <td>Misericórdia</td> <td>56.62 m²</td> <td>€437,711</td> </tr> <tr> <td>Campo de Ourique</td> <td>61.3 m²</td> <td>€395,015</td> </tr> <tr> <td>Alcântara</td> <td>59.3 m²</td> <td>€433,083</td> </tr> <tr> <td>Alvalade</td> <td>63.2 m²</td> <td>€382,000</td> </tr> <tr> <td>Marvila</td> <td>61.71 m²</td> <td>€362,429</td> </tr> </tbody> </table>Source: MonoEstate, July 2025.
For users searching how much a one-bedroom apartment in Lisbon costs, this table provides a current reference point.
One-bedroom apartments are ideal for both personal living and rental potential - a versatile choice for urban dwellers.
Two-Bedroom (T2) Apartment Prices in Lisbon in 2025
All prices in the following table reflect listings and market averages as of July 2025.
T2 units are ideal for small families or professionals needing extra space. These apartments also appeal to long-term tenants and offer strong resale potential.
<table> <tbody> <tr class="blue-row" > <td><strong>District</strong></td> <td><strong>T2 Avg Size</strong></td> <td><strong>T2 Avg Price (€)</strong></td> </tr> <tr> <td>Santo António</td> <td>122.07 m²</td> <td>€1,158,428</td> </tr> <tr> <td>Avenidas Novas</td> <td>104.89 m²</td> <td>€888,044</td> </tr> <tr> <td>Estrela</td> <td>107 m²</td> <td>€780,259</td> </tr> <tr> <td>Parque das Nações</td> <td>110.5 m²</td> <td>€720,553</td> </tr> <tr> <td>Santa Maria Maior</td> <td>86.9 m²</td> <td>€623,647</td> </tr> <tr> <td>Misericórdia</td> <td>100.73 m²</td> <td>€789,030</td> </tr> <tr> <td>Campo de Ourique</td> <td>82.4 m²</td> <td>€512,980</td> </tr> <tr> <td>Alcântara</td> <td>97.3 m²</td> <td>€618,200</td> </tr> <tr> <td>Alvalade</td> <td>111.7 m²</td> <td>€737,661</td> </tr> <tr> <td>Marvila</td> <td>102.44 m²</td> <td>€693,206</td> </tr> </tbody> </table>Source: MonoEstate, July 2025.
Two-bedroom apartments offer flexibility for growing families, remote workers, or dual-purpose living and working spaces.
Three-Bedroom (T3) Apartment Prices in Lisbon (2025)
All prices in the following table reflect listings and market averages as of July 2025.
T3 apartments target family buyers and high-end investors. These properties are usually larger, with outdoor space or top-floor locations.
<table> <tbody> <tr class="blue-row" > <td><strong>District</strong></td> <td><strong>T3 Avg Size</strong></td> <td><strong>T3 Avg Price (€)</strong></td> </tr> <tr> <td>Santo António</td> <td>157.3 m²</td> <td>€1,335,400</td> </tr> <tr> <td>Avenidas Novas</td> <td>128.45 m²</td> <td>€1,220,363</td> </tr> <tr> <td>Estrela</td> <td>148 m²</td> <td>€982,417</td> </tr> <tr> <td>Parque das Nações</td> <td>173.8 m²</td> <td>€1,474,900</td> </tr> <tr> <td>Santa Maria Maior</td> <td>150.6 m²</td> <td>€1,098,750</td> </tr> <tr> <td>Misericórdia</td> <td>131.22 m²</td> <td>€961,389</td> </tr> <tr> <td>Campo de Ourique</td> <td>130.2 m²</td> <td>€826,235</td> </tr> <tr> <td>Alcântara</td> <td>149.8 m²</td> <td>€767,575</td> </tr> <tr> <td>Alvalade</td> <td>126.3 m²</td> <td>€828,231</td> </tr> <tr> <td>Marvila</td> <td>158.7 m²</td> <td>€1,053,067</td> </tr> </tbody> </table>Source: MonoEstate, July 2025.
Three-bedroom apartments in Lisbon often represent family-focused living, prestige, and long-term ownership potential.
Price Dynamics and Real Estate Trends (2020-2025)
Lisbon's housing market has evolved dramatically over the last five years. Once seen as an affordable EU capital, it's now part of conversations about the top European cities for property buyers.
From ~€4,850/m² in 2020 to €6,832/m² in 2025, the rise has been fueled by:
International demand and remote work migration
Constraints on new construction
The end of Golden Visa for real estate, shifting attention to high-quality neighborhoods
These trends reflect real estate investment Europe 2025 patterns, where cities like Lisbon, Athens, and Valencia stand out. For a deeper comparison of coastal vs capital investment in Portugal, see our article Coastal vs. Capital: Where to Buy Property in Portugal in 2025.
Where to Invest in Lisbon in 2025
Lisbon offers options for every strategy, from lifestyle buyers to long-term investors. Depending on your budget and goals, here’s where to look:
🔹 1. For Long-Term Capital Appreciation Buyers focused on real estate investment in Europe 2025 should consider:
Santo António: elegant, central, and stable.
Avenidas Novas: embassies, schools, and modern developments.
Parque das Nações: best for new build, riverfront views, and large-format homes.
These areas perform well both in resale and long-term holding strategies, especially if you're comparing new build vs resale in Lisbon — explore more insights in our dedicated article: New Build vs Resale Property in Europe (2025).
🔹 2. For Balanced Value and Lifestyle Districts like Campo de Ourique, Estrela, and Alvalade strike the right balance for lifestyle buyers and expats. They’re family-friendly, have excellent public transport, and are often less touristy - making them ideal for foreigners buying property in Portugal who want a permanent home.
🔹 3. For Growth Potential If you're targeting emerging property hotspots in Europe, consider:
Marvila: industrial turned creative, with loft conversions and price jumps.
Alcantara: a tech and design cluster that’s attracting younger buyers and developers.
These districts may offer the best return on investment in Lisbon real estate, especially in the T2-T3 segment.
Want to explore more price dynamics in Europe? Check out our country-specific guides like Real Estate Market in Italy: Regional Price Trends and Opportunities in 2025.
Cost of Living in Lisbon in 2025
One of Lisbon’s key attractions remains its affordability. While property prices have risen, the cost of living in Lisbon in 2025 is still manageable compared to other capitals.
<table> <tbody> <tr class="blue-row" > <td><strong>Category</strong></td> <td><strong>Monthly Average</strong></td> </tr> <tr> <td>Utilities (85m²)</td> <td>€115</td> </tr> <tr> <td>Internet (high-speed)</td> <td>€33</td> </tr> <tr> <td>Public transport pass</td> <td>€40</td> </tr> <tr> <td>Groceries (1 adult)</td> <td>€200–250</td> </tr> </tbody> </table>Source: Numbeo
This makes Lisbon especially appealing to remote workers, young families, and retirees moving from higher-cost regions. It’s also an important factor in European real estate ROI comparisons.
Looking for updated cost comparisons across Europe? Our recent report How Much Does an Apartment in Barcelona Cost in 2025 includes living cost insights as well.
Conclusion
If you're asking “How much does an apartment in Lisbon cost in 2025?” - this guide offers verified answers and clear comparisons.
With high-quality data on T0–T3 apartments, broken down by district, and localized pricing trends, this article helps both buyers and search engines understand the true value of Lisbon real estate in 2025.
For a city-by-city breakdown and head-to-head look at Lisbon vs Barcelona, explore our detailed comparison: Barcelona vs Lisbon 2025: Which City Is Better for Living and Real Estate Investment.
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