Lisbon real estate market — prices, rental yield and trend
- Average price: $6,957 / m²
- Gross rental yield: 3.76%
- 12-month price change (USD): 2.8%
- Price basis: local-market average
Residential property in Lisbon averages $6,957 per square metre. In dollar terms the market has barely moved over the last twelve months (+2.8%). That makes it the 11th most expensive of the 70 markets in the set.
What a buyer pays in Lisbon
The $6,957 figure is a local-market average across all residential property types: a flat in a prime district sits well above it, an older unit on the edge of the market well below. That is within a few percent of the Portugal national average of $6,957, which is unusual — in most countries the leading city runs well ahead. Among the other Portugal markets we track, Porto at $4,617 is 50.7% cheaper.
What it earns
Long-term letting returns about 3.8% gross on the purchase price, 64th of 69 markets by gross yield. Short-term letting is a different business with different costs, but for reference the short-let yield here works out at about 11.1%, on an average daily rate of $130 and 81% occupancy.
How this figure is built
The price figure for Lisbon comes from the source we judge most reliable for this market. It was last refreshed on 2026-07-23. We rate our confidence in this market’s data high: the underlying series is official and current. We recompute every market the same way, which is what lets Lisbon be compared with a country average or another city.
Sources: idealista PT jun-26 · idealista.pt · globalpropertyguide.com · airbtics.com. Snapshot: 2026-07-23.
Latest Lisbon market analysis
- Portugal Licensed Fewer Buildings but 10.8% More Homes in Q2 2026 — 2026-09-13
- Lisbon Prime Rents Rose 7.6% in the First Half of 2026, Behind Only Cape Town — 2026-09-09
- Portugal Completed 31,700 Public Homes Under Its Recovery Plan, Beating a 26,000 Target — 2026-09-03
- Portuguese Asking Prices Held at €3,207 per Square Metre in August as Faro Ran 18.3% Higher — 2026-09-02
- Portugal's New Rental Regimes Take Effect: Tax-Free Rent at 80% of the Local Median — 2026-09-02
- Portuguese Bank Valuations Rose 16.6% in June as Housing Licences Fell 6.9% — 2026-08-31
- Demand for Rented Rooms in Portugal Rose 27% While Supply Fell 11% — 2026-08-25
- Portugal's Land Law Has Produced 27 Rezoning Requests in 19 Months — 2026-08-23
- Porto's Short-Term Rental Cap Bites: One Historic Parish Sits at 39.3% Against a 15% Ceiling — 2026-08-23
- A Pool Adds 68% to a Portuguese Apartment's Asking Price — and 122% in Lisbon — 2026-08-21
- Portugal Ends a 14-Year VAT Dispute: 6% on Rehabilitation Anywhere Inside an ARU — 2026-08-20
- Portuguese Asking Rents Turned Positive in July, Ending Six Months of Decline — 2026-08-11