Estrela – Lisbon Real Estate Guide 2026

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

  • Average price: €1,257,071
  • Price range: €290,000 – €3,650,000
  • Price per m²: €6,730/m²
  • Average size: 187m²
  • Average rooms: 3.3
  • Average monthly rent: €2,168
  • Estimated annual yield: 2.1%
  • Sale listings: 14
  • Rental listings: 14

By Apartment Type

  • T1 — 2 listings, avg €402,500, 53m², €7,667/m²
  • T2 — 2 listings, avg €597,500, 88m², €6,790/m²
  • T3 — 4 listings, avg €1,552,250, 203m², €7,654/m²
  • T4 — 3 listings, avg €1,491,666, 184m², €8,120/m²
  • T4+ — 2 listings, avg €2,312,500, 464m², €4,989/m²

About Lisbon

Character and Identity: "Queen of the Sea." The white city built on seven hills overlooks the Tagus River. It combines the melancholy of fado in the alleys of Alfama with the modernity of the Parque das Nações. The light of Lisbon is considered unique in the world of photography. National Role: The capital and economic center. Historical Development: One of the oldest cities in Europe (predating Rome and Paris). It was almost completely destroyed in the earthquake of 1755 and was rebuilt with exemplary planning (Baixa Pombalina). Interesting Facts: The symbol of the city is a ship with two…

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