Property Market · Lisbon Metropolitan Area

Buying Property in Lisboa
— Real Market Data 2026

Bank valuation prices (VMAB), historical trends since 2015, transactions and rents for Lisboa. Data from official public sources INE — no estimates, no advertising.

Key Indicators · Lisboa · INE Data 2026-02
4 640
€/m²
Median VMAB
8 784
transactions/yr
Market Volume
10.4%
per year · 2015–2026
Historical Appreciation
7.6%
per year · 2020–2026
Recent Cycle CAGR

Fonte: INE Portugal — Valor Mediano de Avaliação Bancária (VMAB) · Estatísticas de Preços da Habitação. Dados mais recentes disponíveis (2026-02).

Median Price Evolution · Lisboa · 2015–2026
2015 1 542 €/m²
2026 4 640 €/m²
▲ +201% em 11 anos
20151 542 €/m²
20161 766 €/m²
20172 150 €/m²
20182 738 €/m²
20192 941 €/m²
20203 066 €/m²
20213 093 €/m²
20223 450 €/m²
20233 704 €/m²
20243 787 €/m²
20254 290 €/m²
20264 640 €/m²

Source: INE — VMAB. Annual median values. Total CAGR 2015–2026: 10.4%/yr.

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Municipality Profile · Lisboa

Prices by Property Type

New build4 257 €/m²
Resale6 256 €/m²
T0–T15 239 €/m²
T24 086 €/m²
T3+4 198 €/m²

Rental Market

Median rent/m²2 381 €/m²
Transactions/yr8 784
Completed units/yr538
Building permits/yr577

Accessibility

Lisboan.d. km
Porto349 km
Nearest airportLisboa (LIS)
Distance to airport6 km

Demographics

Population504 718 hab.
Foreign residents162 306
Higher education44%

Buying Property in Lisboa: What you need to know

Lisboa insere-se na região Lisbon Metropolitan Area e is one of the most sought-after municipalities in Portugal for both domestic and international buyers. The median bank valuation price (VMAB) stands at 4 640 €/m² (INE data 2026-02), reflecting the current dynamics of the local market.

Between 2015 and 2026, median prices in Lisboa increased by +201%, with a compound annual growth rate (CAGR) of 10.4%/ano. The most recent cycle (2020–2026) shows a CAGR of 7.6%/ano, driven by post-pandemic demand pressure and a shortage of new supply.

The purchase process in Portugal

Buying property in Portugal involves several steps: market research and analysis, property viewings, negotiation, legal due diligence, signing the CPCV (preliminary purchase agreement) and notarial deed. For non-resident buyers, the process can be complex without specialist local support.

How SISO works in this region

SISO works on the side of whoever hires it, with access to real market data and a trusted network of specialists at every stage — from analysis to delivery.

Frequently asked questions about Lisboa

  • What is the average price per m² em Lisboa? The median VMAB is 4 640 €/m² (INE 2026-02).
  • What is the transaction volume? 8 784 transactions in the last 12 reported months.
  • What is the nearest airport? Lisboa (LIS), a 6 km.
  • Can I buy as a non-resident? Yes. Foreign nationals can buy property in Portugal without restrictions. You must obtain a NIF (Portuguese tax identification number) beforehand.
Free resource
Foreign Buyer's Guide for Portugal
How to buy property in Portugal in 6 steps — NIF, CPCV, taxes and notarial deed.
Free download →

Ready to buy in Lisboa?

SISO analyses the local market, identifies properties with real potential and guides you at every stage — always on the side of whoever hires us.

Talk to SISO → Explore the data →

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