Buying property in Greater Lisbon

Greater Lisbon (Grande Lisboa) spans the capital and its ring of concelhos — from Lisbon city itself out to Cascais, Sintra, Oeiras, Loures and Amadora. It is the deepest and most liquid housing market in the country, and its transacted prices run consistently ahead of the national median shown below.

Because demand concentrates on the coastal and central concelhos, the region average masks a wide spread: the citable figures on this page are the official medians for the region as a whole. Concelho-level pages are planned so the intra-region gap can be shown with the same provenance discipline.

Short-term letting (Alojamento Local, AL) in Greater Lisbon is regulated at the municipal level: several concelhos operate zonas de contenção that suspend or restrict new AL registrations, and national rules under the Alojamento Local regime (Decreto-Lei 128/2014, as amended) set the registration and operating requirements. Restriction status varies by concelho and changes over time.

This is general information, not legal advice — confirm the current status for a specific address with the relevant câmara municipal before assuming a property can be operated as AL.

Municipal Property Tax (IMI) is levied annually by each concelho within a band set nationally, so the exact rate depends on the municipality and the property’s taxable value (VPT). Any specific rate we publish is sourced from the official register with its reference year; where the warehouse cannot yet source a rate for this region it is shown as pending rather than estimated.