Best Neighborhoods in Lisbon to Live

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RE/MAX CIDADELA

Last update:  2024-08-15

Lifestyle in Cascais and Lisbon
Best Neighborhoods in Lisbon to Live

Lisbon, the capital of Portugal, is a city rich in history, culture, and diversity. Its neighborhoods, each with its unique charm and character, offer a glimpse into the city's vibrant past and dynamic present. In this article, we will explore some of Lisbon's most iconic neighborhoods.  We will delve into the distinctive features of each area, provide an overview of the housing prices, highlight the availability of international schools, and discuss proximity to public transportation and the airport.


Baixa
Baixa, also known as Lisbon's downtown, is the heart of the city. Rebuilt after the devastating earthquake of 1755, it features a grid layout with wide streets and grand squares. The architecture is predominantly neoclassical, with landmarks such as the Praça do Comércio, Rua Augusta Arch, and Rossio Square. Baixa is a bustling commercial district, home to shops, cafes, and restaurants, making it a favorite among tourists and locals alike. The area is also known for its historic tram lines and the Elevador de Santa Justa, an iconic elevator offering stunning views of the city. Additionally, Baixa's central location makes it a convenient base for exploring other parts of Lisbon.
Housing Prices: Baixa is a prime location, and this is reflected in its real estate prices. As of 2024, the average price per square meter for apartments in Baixa ranges from €6,000 to €8,500. The demand for property in this area remains high due to its strategic location, historical significance, and vibrant atmosphere.
Schools and Transportation: Baixa is close to several reputable schools, though it is not known for international schools specifically. The neighborhood is extremely well-connected by public transportation, including metro lines, buses, and trams, and is about a 20-minute drive from Lisbon Airport.


Chiado
Chiado is a sophisticated and trendy neighborhood adjacent to Baixa. It is known for its historic cafes, theaters, and bookstores, such as the famous Bertrand Bookstore, the oldest operating bookstore in the world. Chiado blends the old with the new, featuring traditional architecture alongside modern boutiques and restaurants. The area's cultural heritage and vibrant nightlife make it a popular spot for both tourists and residents. Chiado is also home to the iconic Largo do Chiado square and the beautiful São Carlos National Theatre. The neighborhood's mix of cultural, commercial, and leisure activities makes it a lively and dynamic place to live and visit.
Housing Prices: Chiado is one of the most sought-after neighborhoods in Lisbon, with property prices reflecting its desirability. The average price per square meter here ranges from €7,500 to €10,000. The high demand for property in Chiado is driven by its prime location, cultural significance, and the blend of historic and modern elements.
Schools and Transportation: Chiado is conveniently located near several prestigious schools and universities, though it does not host many international schools within its bounds. The neighborhood is well-served by public transportation, including metro stations and buses, and is about a 20-minute drive from Lisbon Airport.


Bairro Alto
Bairro Alto, perched on a hill overlooking Baixa, is renowned for its lively nightlife. During the day, it is a quiet, traditional neighborhood with narrow streets and quaint houses. By night, it transforms into a bustling hub of bars, clubs, and restaurants. Bairro Alto's bohemian atmosphere attracts a diverse crowd, including artists, students, and tourists. The neighborhood is also known for its vibrant street art and colorful facades. During the day, visitors can explore the numerous boutiques, art galleries, and vintage shops that line its streets. Bairro Alto's unique blend of daytime tranquility and nighttime excitement makes it a distinctive and appealing part of Lisbon.
Housing Prices: Despite its popularity, Bairro Alto offers a range of housing options, with prices averaging between €5,000 and €7,500 per square meter. The neighborhood's mix of affordable and upscale housing makes it accessible to a diverse range of residents, from young professionals to established artists.
Schools and Transportation: While Bairro Alto itself does not host many international schools, it is close to areas that do. The neighborhood is well-connected by buses and the nearby metro stations in Baixa-Chiado, making it easy to navigate the city. It is about a 20-minute drive from Lisbon Airport.


Príncipe Real
Príncipe Real is an elegant and fashionable neighborhood known for its beautiful gardens, antique shops, and trendy bars. It is named after King Pedro V, the "Royal Prince." The area is home to a mix of 19th-century mansions and modern developments. Príncipe Real is also famous for its LGBTQ+ friendly establishments and vibrant cultural scene. The neighborhood's centerpiece is the Jardim do Príncipe Real, a charming park surrounded by cafes and boutiques. Príncipe Real is also known for its monthly antique and craft market, which attracts visitors from all over the city. The area's blend of historic charm and contemporary flair makes it one of Lisbon's most desirable neighborhoods.
Housing Prices: Real estate in Príncipe Real is highly valued, with average prices ranging from €7,000 to €9,500 per square meter. The high property prices are driven by the neighborhood's prestigious reputation, central location, and the abundance of amenities and attractions.
Schools and Transportation: Príncipe Real is close to several prestigious local and international schools, such as Lycée Français Charles Lepierre. The neighborhood is well-served by public transportation, including metro stations and buses, and is about a 20-minute drive from Lisbon Airport.


Avenidas Novas
Avenidas Novas, or "New Avenues," is a district characterized by wide boulevards and modernist architecture. Developed in the late 19th and early 20th centuries, it is a commercial and residential area with plenty of office buildings, shops, and restaurants. The neighborhood is well-served by public transport and is known for its spacious apartments and contemporary amenities. Avenidas Novas is also home to several important institutions, including universities, hospitals, and cultural centers. The area is popular among professionals and families due to its convenient location, excellent infrastructure, and high quality of life.
Housing Prices: Avenidas Novas offers a range of housing options, with prices averaging between €4,500 and €6,500 per square meter. The neighborhood's affordability, combined with its modern amenities and strategic location, makes it an attractive option for both residents and investors.
Schools and Transportation: Avenidas Novas is home to several top schools and is near many international schools, such as the German School of Lisbon (Deutsche Schule Lissabon). The area has excellent public transportation links, including metro lines, buses, and trains, and is about a 15-minute drive from Lisbon Airport.


Alvalade
Alvalade is a predominantly residential neighborhood that offers a mix of old and new. It is known for its family-friendly atmosphere, green spaces, and excellent schools. The area features a combination of mid-20th-century buildings and modern apartments. Alvalade is popular among locals for its community feel and convenient amenities. The neighborhood's main thoroughfare, Avenida de Roma, is lined with shops, cafes, and restaurants. Alvalade also boasts several parks and recreational facilities, making it an ideal place for families and outdoor enthusiasts. The area's strong sense of community and excellent quality of life make it one of Lisbon's most desirable residential neighborhoods.
Housing Prices: Alvalade's real estate market is more affordable compared to central Lisbon, with average prices ranging from €3,500 to €5,000 per square meter. The neighborhood's mix of affordability, quality of life, and convenient amenities makes it a popular choice for families and professionals.
Schools and Transportation: Alvalade is known for its excellent local schools and proximity to international schools, such as St. Julian's School. The neighborhood is well-connected by public transportation, including metro lines and buses, and is about a 10-minute drive from Lisbon Airport.


Parque das Nações
Parque das Nações, or Park of Nations, is a modern, waterfront district developed for the 1998 World Expo. It is known for its contemporary architecture, wide open spaces, and recreational facilities. Attractions include the Oceanarium, the Vasco da Gama Tower, and the Vasco da Gama Shopping Center. The area is popular among young professionals and families. Parque das Nações also features a marina, extensive bike paths, and numerous parks and gardens. The neighborhood's modern infrastructure and abundance of amenities make it an attractive place to live and work. Its waterfront location and futuristic design add to its appeal, making it one of Lisbon's most distinctive districts.
Housing Prices: Parque das Nações is one of Lisbon's more upscale neighborhoods, with prices averaging between €4,500 and €7,000 per square meter. The high property prices are driven by the neighborhood's modern amenities, waterfront location, and contemporary design.
Schools and Transportation: Parque das Nações is home to several international schools, including the United Lisbon International School. The neighborhood has excellent public transportation links, including metro lines and trains, and is about a 10-minute drive from Lisbon Airport.


Alfama and Graça
Alfama and Graça are two of Lisbon's oldest neighborhoods, characterized by their narrow, winding streets and historic buildings. Alfama is known for its traditional Fado music houses and stunning views of the Tagus River. Graça, located on a hill above Alfama, offers panoramic views of the city and is home to several historic landmarks, including the Miradouro da Senhora do Monte. The neighborhoods are also known for their vibrant street markets and festivals. Alfama's labyrinthine streets are lined with colorful houses, quaint shops, and traditional restaurants. Graça, with its picturesque viewpoints and charming streets, offers a more tranquil atmosphere. Both neighborhoods provide a glimpse into Lisbon's rich history and cultural heritage.
Housing Prices: The charm and historical significance of Alfama and Graça make them desirable places to live. Average prices range from €4,000 to €6,000 per square meter. The neighborhoods' mix of historic charm, cultural significance, and vibrant community life make them attractive to both residents and investors.
Schools and Transportation: While Alfama and Graça do not host many international schools, they are close to areas that do. Public transportation is readily available, including trams and buses, with nearby metro stations in Santa Apolónia and Martim Moniz. The neighborhoods are about a 20-minute drive from Lisbon Airport.


Belém
Belém is a picturesque neighborhood located along the Tagus River. It is famous for its historic monuments, including the Belém Tower, Jerónimos Monastery, and the Monument to the Discoveries. Belém is also known for its beautiful gardens and the iconic Pastéis de Belém pastry shop. The area attracts many tourists but remains a peaceful residential neighborhood. Belém's waterfront promenade is a popular spot for leisurely walks and outdoor activities. The neighborhood's rich history, cultural attractions, and scenic beauty make it a favorite among both locals and visitors. Belém's blend of historic significance and natural beauty make it one of Lisbon's most charming neighborhoods.
Housing Prices: Real estate in Belém is relatively affordable compared to other historic areas of Lisbon, with average prices ranging from €4,000 to €5,500 per square meter. The neighborhood's affordability, combined with its cultural attractions and scenic beauty, makes it an attractive option for residents and investors.
Schools and Transportation: Belém is close to several reputable schools and is not far from international schools in other neighborhoods. Public transportation options include buses and trams, and it is about a 20-minute drive from Lisbon Airport.


Restelo
Restelo is an upscale, residential neighborhood located west of Belém. It is known for its spacious villas, embassies, and diplomatic residences. The area offers a tranquil environment with plenty of green spaces and excellent views of the Tagus River. Restelo is popular among affluent families and expatriates. The neighborhood is also home to several international schools and sports clubs, making it an ideal place for families. Restelo's quiet streets, large gardens, and luxurious homes offer a high quality of life and a sense of exclusivity. The area's combination of elegance, tranquility, and convenient amenities make it one of Lisbon's most prestigious neighborhoods.
Housing Prices: Restelo's real estate market is among the most expensive in Lisbon, with prices averaging between €5,500 and €8,000 per square meter. The high property prices are driven by the neighborhood's exclusivity, luxurious homes, and excellent quality of life.
Schools and Transportation: Restelo is home to several top international schools, such as Park International School and Lycée Français Charles Lepierre. The neighborhood is well-connected by buses and is about a 20-minute drive from Lisbon Airport.


Campo de Ourique
Campo de Ourique is a charming, family-friendly neighborhood known for its village-like atmosphere. It features tree-lined streets, local markets, and a variety of shops and cafes. The area is popular among locals for its strong sense of community and excellent quality of life. Campo de Ourique is also home to the historic Prazeres Cemetery and the vibrant Mercado de Campo de Ourique. The neighborhood's parks and playgrounds make it an ideal place for families. Campo de Ourique's blend of tradition, community spirit, and modern amenities make it one of Lisbon's most desirable residential neighborhoods.
Housing Prices: Campo de Ourique offers a range of housing options, with average prices ranging from €4,500 to €6,500 per square meter. The neighborhood's mix of affordability, quality of life, and convenient amenities makes it an attractive choice for residents and investors.
Schools and Transportation: Campo de Ourique is close to several top international schools, such as the Lycée Français Charles Lepierre. The neighborhood is well-served by public transportation, including buses and the nearby Rato metro station. It is about a 15-minute drive from Lisbon Airport.


Santos
Santos, also known as the "Design District," is a trendy neighborhood located along the riverfront. It is known for its vibrant arts scene, with many design studios, galleries, and creative spaces. Santos is home to a mix of historic buildings and modern developments, attracting a young and dynamic crowd. The area also boasts a lively nightlife with numerous bars and restaurants. Santos' waterfront location and proximity to the city center make it a convenient and appealing place to live. The neighborhood's blend of creative energy, cultural attractions, and vibrant nightlife make it one of Lisbon's most dynamic districts.
Housing Prices: Santos is becoming increasingly popular, with real estate prices averaging between €5,000 and €7,500 per square meter. The neighborhood's mix of historic charm, modern amenities, and creative vibe make it attractive to both residents and investors.
Schools and Transportation: While Santos itself does not host many international schools, it is close to areas that do. The neighborhood is well-connected by public transportation, including trams, buses, and the nearby Cais do Sodré metro and train station. It is about a 20-minute drive from Lisbon Airport.


Lapa
Lapa is a prestigious neighborhood known for its elegant mansions and embassies. It is a quiet, residential area with beautiful gardens and historic buildings. Lapa offers a serene environment while being close to the city's cultural and commercial hubs. The neighborhood is favored by diplomats, expatriates, and affluent families. Lapa's tree-lined streets, luxurious homes, and proximity to cultural attractions make it an ideal place to live. The neighborhood's combination of elegance, tranquility, and convenient location make it one of Lisbon's most exclusive areas.
Housing Prices: Lapa is one of the most exclusive neighborhoods in Lisbon, with property prices averaging between €6,000 and €8,500 per square meter. The high property prices are driven by the neighborhood's prestigious reputation, luxurious homes, and excellent quality of life.
Schools and Transportation: Lapa is close to several top international schools, such as Lycée Français Charles Lepierre. The neighborhood is well-served by public transportation, including buses and trams, and is about a 20-minute drive from Lisbon Airport.

Estrela
Estrela is a charming and affluent neighborhood known for its historical significance and beautiful green spaces. The centerpiece of the neighborhood is the Estrela Basilica, a stunning baroque church with an expansive garden, Jardim da Estrela, located right next to it. Estrela offers a peaceful, residential atmosphere with a mix of traditional and modern buildings. It is a favorite among families and professionals due to its serene environment and proximity to the city center. The neighborhood also features a variety of cafes, restaurants, and shops, contributing to its vibrant community feel.
Housing Prices: Estrela is considered an upscale area with property prices averaging between €5,000 and €7,000 per square meter. The neighborhood's blend of historic charm, green spaces, and central location drives the high demand for real estate.
Schools and Transportation: Estrela is close to several international schools, including the British School of Lisbon and Redbridge School. The neighborhood is well-served by public transportation, including buses and the nearby Rato metro station, making it easy to access other parts of the city. Estrela is about a 20-minute drive from Lisbon Airport.

Surrounding Areas to Live Near Lisbon
1. Cascais
Located about 30 kilometers west of Lisbon, Cascais is a beautiful coastal town known for its beaches, marina, and luxury lifestyle. It’s a popular choice for expats and wealthy locals looking for a high standard of living. The town offers a range of properties, from modern apartments to luxurious villas. While property prices in Cascais are higher than in Lisbon, the quality of life and stunning scenery make it a worthwhile investment.
2. Sintra
Just a short drive from Lisbon, Sintra is a UNESCO World Heritage site known for its palaces, gardens, and historic charm. It’s an excellent option for those who prefer a more rural setting while still being close to the city. Property prices in Sintra vary widely, with options ranging from affordable homes to luxury estates.
3.  Oeiras
Located between Lisbon and Cascais, Oeiras is a growing suburban area that offers a mix of residential, commercial, and recreational spaces. It’s popular among families and professionals who work in Lisbon but prefer a quieter, more suburban lifestyle. Property prices in Oeiras are generally more affordable than in Lisbon, making it an attractive option for those looking for value for money.
4. Almada
Across the Tagus River from Lisbon, Almada offers a more laid-back lifestyle with beautiful views of the city and the river. It’s well-connected to Lisbon by train and ferry, making it a convenient option for commuters. Property prices in Almada are lower than in Lisbon, making it an affordable choice for families and young professionals.
More Affordable Areas Near Lisbon
1. Amadora
Amadora is a residential suburb located northwest of Lisbon. It’s one of the most affordable areas near the capital, making it popular among young families and first-time buyers. While it lacks the charm of Lisbon’s historic neighborhoods, Amadora offers a more budget-friendly option with good transport links to the city.
2. Loures
Loures is another affordable area located to the north of Lisbon. It’s a growing suburb with a mix of residential developments and green spaces. Loures offers a quieter, more suburban lifestyle, with property prices lower than in the city center.
3. Montijo
Montijo is a small town located to the east of Lisbon, across the Tagus River. It’s an affordable option for those looking to live near Lisbon but prefer a more rural setting. Montijo is connected to Lisbon by a bridge and ferry, making it a viable option for commuters. Property prices in Montijo are among the lowest in the Lisbon area, making it an attractive option for budget-conscious buyers.


Conclusion
Lisbon's neighborhoods each offer unique experiences and lifestyles, catering to a diverse range of preferences and needs. From the historic charm of Alfama and Graça to the modern vibrancy of Parque das Nações, the city's districts reflect its rich history and dynamic future. Whether you're seeking the bustling energy of Baixa and Chiado or the tranquil elegance of Lapa and Restelo, Lisbon has something to offer for everyone. As the city's popularity continues to rise, real estate prices are reflective of the high demand for these desirable neighborhoods. Moreover, Lisbon's excellent public transportation network and proximity to international schools make it a practical and appealing place to live.

Ready to start your adventure in Lisbon? Contact RE/MAX Cidadela today.
Avenida 25 de Abril 722, C-9, Cascais or Avenida 25  de Abril 890, Cascais,
+351 214826710,    ppettermann@remax.pt

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By Pedro Pettermann and Sol deAlós

Brokers at RE/MAX Cidadela  in Cascais and Lisbon 

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RE/MAX CIDADELA

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