Ajuda Property Market – Key Facts
Western parts of Lisbon are typically spacious, peaceful and green – they are traditionally considered as upscale areas of the city. This applies to Ajuda too. Located between Monsanto forest and famous Belém neighbourhood, Ajuda offers good connections, calm atmosphere and charming architecture.
In terms of property Ajuda is interesting and diverse. You can find modern, spacious apartments in recently built blocks of buildings. There are also modern townhouses available, with a garden and a pool if you wish. And for those looking for more traditional housing, there are beautiful older, well maintained buildings and villas in Ajuda too.
If you are interested in an Ajuda property, there are many options for you here. The average prices of Ajuda apartments are approximately €3,800 more per sq. meter. If you are seeking to buy a house in Ajuda, you can expect an average price range of around €4,300 per sq. meter. For Ajuda investments the prices are around €3,000 per sq. meter.
18. August 2018
Sale price distribution in Ajuda
Sale price per sq.m. for each property price in Ajuda
Ajuda is one of the areas in Lisbon that has become popular among international investors and home buyers. The NHR (non habitual residence) tax benefit programme is one of the reasons that make the city an attractive option for EU nationals coming from France, Sweden, Belgium or Germany, for example. Those non EU-nationals that invest a minimum of 500 000 euros in property can apply for a Golden Visa in Portugal.
Living in an Ajuda Property
Ajuda is a great spot for those who are looking for excellent conditions in a local setting. It has grown in terms of services and facilities in the past years. While it used to be a relatively sleepy area, now you don’t need to leave the neighbourhood if you’d like to enjoy an excellent meal or a good cup of coffee with local pastry.
Ajuda has many small local shops and a traditional market hall, Mercado de Ajuda. There you can buy fresh fish, locally produced dairy products, fruits, season’s vegetables and fresh bread. There are supermarkets too.
Ajuda is suitable for families too. It is safe and besides local schools there are international schools available too. The closest one is Park International School in Restelo, less than three kilometres away. The distance from Ajuda to Oeiras International School is a bit over 10 kilometres. Some of Lisbon’s well known international schools, such as Park International School in Cascais or St Julian’s School in Carcavelos, are located further to the west, 20-30 kilometres away from Ajuda.
Other services include a nearby police station and a fire department. There are two major hospitals nearby: Egas Moniz and São Francisco de Xavier. Ajuda has its own health centre too. There are various private hospitals and health centres within 15 kilometres reach.
Ajuda offers also some of the most beautiful green spaces in Lisbon. It is the home of Ajuda’s stunning Botanical Garden with exotic plants and adorable fountains. The Ajuda National Palace, a remarkable royal palace built in the 19th century, is surrounded by lovely gardens.
For jogging, picnics or other outdoor activities the Moinhos de Santana is an excellent option. Located within the neighbourhood, it also has a small lake and a great viewpoint. Monsanto forest, the biggest green area of Lisbon with over 10 square kilometres, is not far either. It is a great area for jogging and hiking, and simply enjoying the nature. An Ajuda property will give you access to both the city life and the chance to immerse yourself in a more calm, green area.
River Views, Culture and Culinary Experiences
Ajuda properties benefit of an excellent location in regards to some of the best parts of Lisbon. Ajuda itself is located close to the Tagus river, and has lovely viewpoints with unforgettable river views.
Belém, one of the most remarkable neighbourhoods of Lisbon, is right next to Ajuda. It has some of the most fascinating sights of Lisbon, and is known for the best pastry in town: pasteis de Belém served in the original café dating from the beginning of the 20th century. It has beautiful green spaces and cosy restaurants too. Belém also has its own marina, located three kilometres away from Ajuda.
Living in an Ajuda property also means living surrounded by culture. Belém has its own Cultural Centre, Centro Cultural de Belém, offering top class concerts of jazz and classical music. It is also where the famous Berardo Museum is located. It is known for an excellent contemporary art collection and interesting exhibitions.
Another interesting spot close to Ajuda is LX Factory. Built in an old factory, it now hosts a range of galleries, restaurants, cafés and shops. There is an excellent, beautiful book shop called Ler Devagar that has a good choice of international books too. Rio Maravilha, also based in LX Factory, has become on of the town’s best rated restaurants, offering great cocktails, lovely food — and stunning views over the Tagus.
Moreover, Lisbon’s lively city centre with excellent shopping options, top class restaurants and charming fado bars is just six kilometres away. And it only takes a 10 minute’s drive to reach Lisbon’s best beaches! All this makes it without a doubt one of the best areas to live in Lisbon.
Hero Picture by Alejandro via Flickr