Real Estate

$850,000 Homes in Lisbon, Portugal

  1. Whitebalance/Portugal Sotheby’s International Realty
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  8. Whitebalance/Portugal Sotheby’s International Realty

Rua do Embaixador | €790,000 ($847,000)

A renovated two-bedroom house with a patio in the Belém neighborhood

This two-story townhouse, or “mini villa,” is in Belém, a neighborhood on the Tagus River that is famously marked by its eponymous 16th-century waterfront tower, and by the Monument of the Discoveries, which commemorates Portugal’s legacy of sea exploration. The farthest west of Lisbon’s civil parishes, with a 2011 population of 16,528, Belém is about four miles from the city center. The neighborhood is famous for its brightly colored houses, seafood restaurants and Pastel de Nata custard tarts from Pastéis de Belém, the legendary pastry shop. It is also near the Gothic Jerónimos Monastery and is a 30-minute train ride from Praça do Comércio, Lisbon’s main town square.

Size: 1,010 square feet

Price per square foot: $840

Indoors: This two-bedroom, one-bath attached townhouse was built in the late 1940s and fully renovated in 2022, including new structural reinforcements.

The ground level includes the living room and kitchen, tiled in a red geometric pattern that continues to the private patio, which can accommodate a small dining table. The kitchen appliances, including an under-the counter fridge and a dishwasher, are made by Bosch. A floating wood staircase leads to the first floor, dedicated to a primary bedroom, a bathroom with a glass shower and subway tiles, and a custom-built walk-in wardrobe. The top floor has two mansard windows, a beamed ceiling and a loft-like flexible space that can be adapted as a second bedroom or an office or study.

Outdoor space: A 121-square-foot patio is reached from the kitchen

Costs: Currently €200 ($214) a year, but subject to change upon resale

Contact: Carla Santos, Portugal Sotheby’s International Realty, +351-913-137-360; [email protected] | sothebysrealtypt.com


  1. LX INVOGUE Real Estate
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Rua das Janelas Verdes | €795,000 ($852,000)

A two-bedroom apartment with an eat-in kitchen in the Santos neighborhood

This walk-up apartment is on the second floor of a bright yellow five-story building in the bustling Santos neighborhood, northwest of the Port of Lisbon, on the Tagus River. Santos offers international dining and numerous hotels, but this location is on a quiet cobbled street next to the 17th-century Cathedral of St. Paul, an Anglican Church with picturesque cloisters and a garden that is open to the public. The French Embassy and the National Museum of Ancient Art also are nearby. The area is served by several bus lines, the 15E tram and the Cascais line of the urban train. Avenida da Liberdade, Lisbon’s main thoroughfare, is 1.8 miles from the apartment; Alfama, the famous Moorish Quarter and the home of Fado music, is 2.4 miles away.

Size: 1,539 square feet

Price per square foot: $550

Indoors: Renovated in 2007 and flooded with natural sunlight, this two-bedroom apartment begins with a 79-foot-long entry hallway that bisects the floor plan. The 300-square-foot living room, with three windows overlooking the street, accommodates a large dining table. The guest bedroom is adjacent to the living room and has a dressing room and built-in wardrobes. The primary bedroom, at the other end of the apartment, has an en suite bath with a glass-enclosed tub and shower, a closet and a windowed alcove.

A spacious hallway leading to the kitchen offers built-in bookshelves and access to the second full bathroom. The eat-in kitchen is finished in natural wood cabinetry and has integrated microwave and electric ovens, a washing machine and a dishwasher. The apartment has hardwood floors throughout and unique light fixtures in most rooms.

Outdoor space: A small balcony is reached through the kitchen.

Costs: €267 ($286) a year in taxes, plus a quarterly condominium fee of €85 ($91)

Contact: Elisabete Nabeiro, LX InVogue, +351-924-444-677; [email protected] | www.lxinvogue.pt


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Rua doa Bacalhoeiros | €780,000 ($836,000)

A renovated third-floor walk-up in a 19th-century building in the Alfama neighborhood

This newly renovated walk-up apartment is on the third floor of a six-story building with 10 units dating from 1879. Located in the Alfama neighborhood, within the parish of Santa Maria Maior, the building is near Avenida da Liberdade, in the heart of Lisbon’s city center. Alfama is a popular neighborhood, well visited for attractions including Sé Cathedral, Casa dos Bicos, the Museum of Portuguese Decorative Arts, as well many fado cafes, but this building in on a quiet plaza on a street closed to traffic. It features views of the Tagus River. The historic yellow tram No. 28, a remodeled car, serves the neighborhood, winding through the streets and up a hill to the Castelo de São Jorge. Nearby is Campo das Cebolas, a riverfront park. The neighboring Baixa district offers luxury shopping.

Size: 1,399 square feet

Price per square foot: $598

Indoors: Renovated in late 2023, this two-bedroom, two-bath apartment has a 560-square-foot open-plan living and dining room with high ceilings and built-in bookshelves. Large windows bring in ample light, overlook the cobble-stoned plaza in front of the building and offer river views. The contemporary kitchen has a pass-through to the dining area and appliances by the German brand Teka. A long hallway leads to the bedrooms, one of which has an en suite bath with a custom walk-in closet. The second bedroom features a wall of built-in wardrobes. The second bathroom, accessed via the hallway, features a glass shower and houses the washing machine. There are wide-plank hardwood floors throughout.

Costs: €179.22 ($192) a year in taxes, plus a monthly condominium fee of €63.66 ($68)

Contact: Silvia Basto, RE/MAX Yes, s +351 919 683 068, +351-937-885-291, [email protected] | idealista.pt/en/pro/remax-yes/imovel/33078328/

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