Belém — Lisbon, Portugal
Belém, a prestigious neighborhood in Lisbon, is renowned for its historical significance and cultural richness. Known for its vibrant atmosphere, it attracts a mix of affluent locals and expats. The real estate market here is characterized by high-value properties, with average sale prices reflecting its upscale status. Belém offers a unique investment opportunity with a blend of historical charm and modern amenities. The presence of landmarks such as the Jerónimos Monastery and Belém Tower adds to its appeal. Despite a modest rental yield, the potential for capital appreciation makes it a compelling choice for investors seeking long-term growth in a dynamic market.
Investor profile: Ideal for savvy investors seeking prestigious properties with historical charm in a dynamic market. Attracts those looking for long-term capital appreciation amid Lisbon's cultural richness.
Market Data — Belém
- Average purchase price: €2,033,750
- Price per m²: €7,258/m²
- Average monthly rent: €2,917
- Estimated annual yield: 1.7%