Estrela — Lisbon, Portugal
Estrela, a picturesque neighborhood in Lisbon, blends historic charm with modern comforts. Known for its beautiful basilica and lush gardens, Estrela attracts families, professionals, and retirees. The real estate market here is dynamic, with average sale prices reflecting the area's desirability. Investors are drawn by the mix of traditional and contemporary properties, with T1 apartments offering the highest yield. The area's appeal is enhanced by its proximity to cultural landmarks, excellent public transport, and vibrant local life. Estrela offers a compelling blend of tranquility and urban convenience, making it a sought-after destination for discerning investors.
Investor profile: Ideal for discerning investors seeking a blend of historical charm and modern amenities. Perfect for families, retirees, and professionals, offering attractive yields, especially in smaller apartments.
Market Data — Estrela
- Average purchase price: €1,257,071
- Price per m²: €6,730/m²
- Average monthly rent: €2,168
- Estimated annual yield: 2.1%