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What is the average cost of a home in Lisbon Portugal?

Posted on October 7, 2022 by David Darling

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  • What is the average cost of a home in Lisbon Portugal?
  • Is it cheaper to live in Portugal or Spain?
  • Is Lisbon a good place to buy property?
  • Where do wealthy live in Lisbon?

What is the average cost of a home in Lisbon Portugal?

The 5 most expensive locations

City District Average apt 100 m²
Lisbon Lisbon 399.600€
Cascais Lisbon 268.500€
Oeiras Lisbon 267.600€
Loulé Algarve 212.700€

Is Lisbon a good place to retire?

There is a thriving expat community and plenty going on for those seeking a lively retirement, while Lisbon has also recently been named as one of the top 10 cities with the best living conditions for pensioners.

Is it cheaper to live in Portugal or Spain?

On average, the cost of living in Spain is 4.3% more expensive than in Portugal, with Spain being cheaper on average for public transport and grocery costs.

How much money do you need to retire comfortably in Portugal?

You can comfortably retire in Portugal with an income between $1,500 – 2,000 per month. For some, the Social Security benefit alone is enough to cover the costs of living.

Is Lisbon a good place to buy property?

The property market in Lisbon is hot and makes for a very good choice of investment in Portugal. Either buying an old apartment in the city centre to renovate and rent out or buying a new house in choice locations in the capital city, they all represent good value for money.

How much do I need to retire in Lisbon?

Common FAQ’s About Retiring in Portugal Portugal offers arguably the lowest cost of living in Western Europe. a couple can live comfortably in Portugal’s interior from about $1,700 a month. The budget for larger cities such as Lisbon is about $2,100 or $2,200 a month.

Where do wealthy live in Lisbon?

Where the rich live in Lisbon

  • Santo António (Príncipe Real): 6,886 €/m²
  • Campolide: 6,185 €/m²
  • Avenidas Novas (Campo Pequeno): 6,127 €/m²
  • Misericórdia (Cais do Sodré, Chiado, Bairro Alto): 6,117 €/m²
  • Belém: 6,013 €/m²

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