Aussicht über Lissabon, Immobilienführer Casafari Portugal

 

LISBON

 

One of the most charismatic and vibrant cities in Southwestern Europe

 

Regions and Neighbourhoods of Lisbon


Lisbon is located in western Portugal

Neighbouring regions and areas

Lisbon is located on the Atlantic Ocean and is built on seven hills. Outside of Lisbon you can find a string of beaches, from Cascais to Estoril.

 

Muni_guide_icon_globe As of 2015 it was estimated that roughly 8% of the population are foreigners. The city of Lisbon attracts people from all over the world and has a very international vibe. Muni_guide_icon_golf 2 golf courses
Muni_guide_icon_heart_hospital 20 hospitals Muni_guide_icon_beach more than 16 beaches
Muni_guide_icon_book  14 international schools Muni_guide_icon_marina_boat 7 marinas
Muni_guide_icon_police 7 police stations  Muni_guide_icon_airport Lisbon International Airport (LIS)

 

Daily sunshine hours

During the summer months, Lisbon showcases between 10-12 hours of sunshine per day. However, during winter when the temperature drops, Lisbon gets an average of 5 hours of sunshine per day.

Average day/night temperature

The average day temperature during summer is around 28 degrees Celsius and at night it drops to around 18 degrees. At winter the temperatures drops and the average day temperature is 15 degrees, while at night it is roughly 9 degrees.

Wind direction distribution during the year (%)

The wind speed in Lisbon are quite steady throughout the year, with an average of 14 km/h. The winds in the city tends to be a bit chilly, but during the warmer summer months it can be refreshing.

Average sea temperature

The beaches around Lisbon is great for anyone who loves water sports or just wants to relax by the beach. Surfing is very popular and 'Guincho' is a favorable beach for both locals and foreigners who wants to surf. During the summer months the water tends to be warm and nice, with an average of 20 degrees Celsius. In winter it drops down to an average of 15-16 degrees.

A guide to the city of Lisbon

Lisbon is not just the largest city in Portugal, but also its cultural center. As one of the oldest cities in the world, and the oldest in Western Europe, the city has preserved its cultural heritage while keeping pace with urban development and growth. This unique combination of cosmopolitan lifestyle and history makes Lisbon property the most sought-after investment in Portugal for locals as well as international residents.

Lisbon Property Guide

Lisbon is strategically located at the mouth of the River Tagus and is the westernmost European capital. It is Portugal’s largest coastal city. Almost five percent of Portugal’s population is centered in the Lisbon administrative area.

Lisbon Property Guide

Lisbon property insights

Home prices have rocketed in the central historic areas such as Baixa, Chiado and Avenida da Liberdade and neighborhoods by the banks of the Tagus over the last few years.

 

View over Lisbon - Property Guide by Casafari PortugalThe government’s easing of rent controls and offering of residency permits in exchange for property investment is further fueling the demand, particularly among international residents. If you are a non EU/EFTA citizen, you have the opportunity to get a so-called ‘Golden Visa’ by investing a certain amount of money into properties in Portugal. This promotes and encourages foreign investment in Portugal. The attractive tax benefit program NHR (non habitual residence) plays a huge factor to why many Europeans move to Portugal, especially Scandinavians, Germans, French, Belgians and British.

Since Lisbon has become a very attractive city to live in, the property prices has risen and prices tend to be higher. The average price for an apartment in Lisbon is €4.400 per sq. meter, while for a house it cost an average of €4.300 per sq. meter. When it comes to investments, it costs an average of €3400 per sq. meter. 

15. July 2018

Sale price distribution in Lisbon

Apartments

Houses

Sale price per sq.m. for each property price in Lisbon

Apartments

Houses

Some of the most renowned agencies in Lisbon is REMAX, with over 1650 listings. ERA has 600 listings and thereafter comes Keller Williams, JLL and Quintela & Penalva.

Why Lisbon property?

Properties in Lisbon have always been in high demand and generally withstood the financial turmoil of 2007-08, particularly because its charm was never lost on international residents. They are drawn by some of its most attractive features including the wide glittering river, castles, palaces and cobbled streets that remain unique to Lisbon.

Lisbon Property Guide The authorities have imposed and ensured strict compliance with planning codes to preserve the city’s centuries-old architecture and historical beauty. For this reason, there is a degree of security when purchasing a historic property.

Lisbon property market has been boosted by the city’s status as one of the most popular tourist destinations in Europe. An increasing number of houses are being turned into short-term rentals to cater for the growing demand for affordable tourist accommodation.

Lisbon drew headlines in 2017 when ‘Queen of Pop’ Madonna visited the city for house hunting. Not only Madonna, the city has lured many international celebrities such as the Puerto Rican singer Ricky Martin, German actor Michael Fassbender, Swedish actress  Alicia Vikander, Italian actress Monica Bellucci and former French football player Eric Cantona.

A low crime rate, fabulous gastronomy, attractive tax benefits, an enthralling culture, beautiful beaches and competitive prices of real estate are some of the most alluring features of Lisbon for international property buyers. While prices remain relatively cheap compared to other major European cities, Lisbon apartments are a more affordable option compared to houses.

Lisbon Property Guide

A place in the sun

Lisbon has gained popularity as a ‘place in the sun’ among international residents wanting to buy a second home. The temperature hovers around 15 degrees C in the coldest month of January, while the average temperature is 28°C in the hottest month of July. November is when the city receives the most rainfall at an average of 127.6mm.

Dotted with hundreds of super and mega yachts, the north bank of river Tagus is popular among tourists. The Marina de Cascais is located further west and is known for hosting international yachting events. Parque das Nações is in close proximity to the Lisbon International Airport and the city’s historic center. The South harbor has capacity for around 600 yachts.

Though the Algarve is the most popular destination for golf lovers in Portugal, Lisbon also offers some excellent golf courses. Troia Golf Course has been consistently ranked as one of the most beautiful golf courses in the world. Other notable golf courses are Quinta da Marinha, Penha Longa, Oitavos Dunes and Praia del Rey.

Lisbon Property Guide

With a history dating back thousands of years, the city’s attractions extend far beyond the tram ride from Belém and Pasteis de Belém. Visitors are enchanted by monasteries, museums, private art collections and fortified towers. Many of these places are UNESCO World Heritage Sites due to their architectural and historical value.

The Atlantic coast is a popular destination for surfers, seafarers and adventure seekers. The beaches of Estoril and Cascais and Costa da Caparica are within easy access by train, bus and ferry.

The Humberto Delgado Airport is located just seven kilometers from the city center and caters to 20 million visitors every year.

Lisbon is the perfect destination for foodies, with many restaurants and bars servicing popular Portuguese dishes. Some of the notable restaurants are Mini Bar, Páteo at Bairro Do Avillez, Palácio Chiado and Insolito. Lisbon also has many food markets that fascinate international residents with their variety of cost-effective food options.

Lisbon Property Guide

Due to the influx of international residents over the last few years, many international schools have opened, offering quality education of international standards.

Many of these schools follow American and British curricula. There are also schools providing education in German, French, Swedish, Russian and other European languages. A non-exhaustive list includes: Carlucci American International School of Lisbon, International Preparatory School, St. Dominic’s International School, St. Julian´s International British School, Lyceé Français Charles Lepierre, Deutsche Schule Lissabon, and CornerStone Academy.

Lisbon is a vibrant city that is starting to get a lot of recognition. From the beautiful cobblestoned streets, to the miradouros (viewpoints) spread out over the city, Lisbon has it all. Are you interested in becoming a Lisbon property owner? Have a look at Casafari’s database and find your dream home.

 

Hero picture by Maria Eklind via Flickr