São Domingos de Benfica Property Market
São Domingos de Benfica is a large urban area outside the city centre of Lisbon. Bordering the rich green area of Monsanto, properties in the Benfica neighbourhood benefit from the peace and quiet of the suburban live. The properties mostly consist of comfortable and vast spaces and are surrounded by great hospitals, schools and supermarkets.
For those who are looking for a São Domingos de Benfica property, they should count on an average price for houses of €3,200 per sq. meter. Apartments are on average priced approximately around €3,700 per sq. meter. When it comes to investments, the average cost is around €2,400 per sq. meter.
19. September 2018
Sale price distribution in Sao Domingos de Benfica
Sale price per sq.m. for each property price in Sao Domingos de Benfica
Benefits of Living in a São Domingos de Benfica property
Many residents choose to live in the area because it not only provides all the necessary comforts of urban city life it also offers many green areas to explore. The Lisbon Zoo, one of the biggest zoological gardens in Europe, and the Sport Lisboa e Benfica Stadium make the area a sought after place for residents and visitors alike.
Located next to the Benfica neighborhood, residents can also use their afternoons to go shopping in Colombo shopping center, the largest shopping center in Lisbon.
The modern construction, affordable prices and high buildings make the area attractive for local and foreign residents. The Estrada da Benfica gives a more Portuguese feel to the neighborhood with it’s typical Portuguese pavement and traditional coffeehouses.
Here one feels part of a residential community consisting mostly of local inhabitants. Many Foreign citizens have been attracted to the area in the last years by a favorable tax residency program issued by the State of Portugal which allows them to benefit from very attractive tax benefits.
Owning a property in São Domingos de Benfica also means having the opportunity to explore the Monsanto region filled with forest hilltops, natural viewpoints and plain fields great for picnicks. Here residents of Lisbon come together on sunny Sunday afternoons to breath in the forest air and to enjoy the natural splendor of this beautifully green area.
Since the Benfica area lies outside the city center of Lisbon the streets are more accessible by car then in most inner regions. Many properties have their own parking availabilities making it a great place to reside for car owners. Inhabitants of São Domingos da Benfica still have the opportunity to enjoy a typical Portuguese meal at a low price since the Benfica area has been spared most of the inner city price inflation due to tourism.
Benfica Properties: High Buildings, Low Prices
Prices for a Benfica property are significantly lower then in the central areas of Lisbon. Apartments in São Domingos de Benfica are listed at prices 15% lower then average prices in Lisbon. This, combined with the quiet residential atmosphere and great facilities make the area a great place to acquire a property.
The British Hospital and Hospital Lusíadas are part of the many health facilities available in the Benfica area. The Lisbon Portela Airport is only a 15 minute drive away and the main highways surrounding Lisbon, the Segunda Circular and the Eixo Norte-Sul, make the area well-connected.
The many parks and green areas are great for entertaining kids or practising sports. Hiking and biking routs are easily found and lead up to the Monsanto area, many ending at a great panoramic viewpoint. Moreover, São Domingos de Benfica is home to the Politechnical University of Lisbon, attracting local students and students from abroad. The Sete Rios bus and train station offers connections to the city centre and the interior of Portugal, ideal for weekend get-aways.