Lisbon South Bay Real Estate

Considering Lisbon South Bay real estate is not the first thing people think of when it comes to finding a place to live in Lisbon. Located on the southern shore of the Tagus River, this part of Portugal’s capital city feels a lot more suburban than the rest of Lisbon. Although tourists come to visit, you’ll mainly be amongst locals, which is perfect for those who want to brush up on their Portuguese or experience an authentic Portuguese lifestyle.

However, the tides are changing and Lisbon South Bay now provides an appealing opportunity for investors seeking to secure affordable property and capitalize on their investment – as demand is beginning to take off on this side of the Tagus River.

South Bay real estate has often been overlooked by expats, but this area of Lisbon boasts a number of outstanding amenities and a fabulous location to set up life. In the article below, we will introduce you to this part of Lisbon, including all the things you can see and do there.

Why Lisbon South Bay?

Lisbon South Bay is a treasure trove of stunning landscapes, beaches, historical monuments, and delicious food. This region is an excellent choice for those looking to explore the city’s cultural and natural heritage. It consists of the Almada, Seixal, and Barreiro districts, which have a strong historical connection to the Tagus River. As infrastructure continues to expand here and the fact that there are several lifestyle perks – not least easy access to the stunning coastline of Costa da Caparica – increased demand provides a unique opportunity to investors. 

The city of Barreiro, with its ancient industries that supplied naval expeditions to Africa and India in the 16th century and the beautiful long sandy beaches of Caparica, attract hundreds of thousands of tourists during summertime and surfers throughout the year.

Located between Almada and Barreiro, Seixal was where the Portuguese explorer, Vasco da Gama, built his expedition ships. One of the most famous attractions in the area is the Christ the King (Cristo Rei) statue, a towering monument of Christ overlooking the city. From there, visitors can enjoy a breathtaking panoramic view of the surrounding landscape.

For those who want to soak up some sun, the beaches of Costa da Caparica and Sesimbra offer miles of pristine sandy beaches and crystal-clear waters. These beaches are perfect for swimming, sunbathing, or enjoying a variety of water sports. You definitely shouldn’t miss Costa da Caparica, as it is breathtakingly beautiful.

Lisbon South Bay is also a haven when it comes to Portuguese cuisine. It is renowned for fresh seafood, including grilled sardines, octopus salad, or clams in garlic butter. Wine lovers will rejoice as they can sample some great Portuguese wines with their meals. Most of Lisbon South Bay apartments are within a great restaurant or bar to enjoy Lisbon’s great gastronomy.

A unique opportunity for investors

As Lisbon South Bay begins to move more quickly into the limelight as a profitable investment spot, below are some key reasons to consider investing on this side of the Tagus River. There is more to Lisbon South Bay than its spectacular views of the Portuguese capital.

• Affordability and growth potential: Lisbon South Bay offers lower real estate prices compared to central Lisbon, presenting opportunities for investors to capitalize on price appreciation as the area develops.
• Strong rental yields: There is potential to secure a nice return on your investment, with rental yields in Barreiro at 7.8 percent, in Almada at 6.2 percent, and Seixal at 6.6 percent.
• Revitalization projects: The region is undergoing an €800 million transformation, including new housing, green spaces, and a mix of commercial, residential, and leisure facilities. The “Innovation District” will create thousands of jobs and housing units, driving demand and economic growth.
• Lifestyle perks: Easy access to Lisbon, plus the beaches that line the coast, make Lisbon South Bay a smart choice. Plus, you’ll find quiet parks, shopping centers, top restaurants, and other amenities without the crowds that you often find in Lisbon.

Property prices in Lisbon South Bay

Prices for real estate vary depending on the location, age, and condition of the property you’d like to buy, and you should always consult with a trusted real estate agent to ensure there are no hidden surprises. Prices also depend on the property amenities, whether or not the property includes free Wifi and onsite parking is not always guaranteed.

Overall, buying real estate in Lisbon South Bay is straightforward for foreigners, and with the help of legal experts, the whole process should run smoothly.

The average price for Lisbon real estate stood at €6,009 per square meter in 2023. However, prices for Lisbon South Bay apartments are more affordable, so you will get more for your money on this side of the Tagus River. In Almada, for example, prices stood at €3,072 per square meter, while in Barreiro and Seixal, they stand at €2,332 and €2,367 per square meter, highlighting the affordability of snapping up property here. 

Renting property in Lisbon South Bay

If you’d like to rent before you buy, expect to pay between €850 and €1,800 per month for a one-bedroom apartment in central Lisbon and between €1,500 and €4,000 per month for a three-bedroom apartment. Many expats prefer to buy property as it is a better investment in the long term. Make sure you check in with our experts to help you find the best property deal.

Prices for Lisbon South Bay apartments for rent are, similar to Lisbon South Bay real estate, lower than in the city center of Lisbon. 

Please also note that you may want to check the following before you sign a rental contract for Lisbon South Bay apartments:

• Is there a cash deposit? If so, how much is the cash deposit?
• Can you pay the monthly rent by debit card?
• Does the Lisbon South Bay apartment have onsite parking?
• What are the property amenities? 
• Does it come with free Wifi?
• Does it include utensils, dishwasher, kitchenette, microwave and other amenities?
• Are the other apartments in the building holiday apartments and you have lots of changing property guests?
• Check in with neighbors prior to renting.
• Is the main bedroom at least a double room?
• Is the selected date you’d like to move in suitable?
• Do you need any infant beds and if so, are they already available?
• Is the end date of your contract flexible?

Parque da Paz, in Almada

Parque da Paz is a beautiful park located in Almada. The park is known for its stunning landscapes, peaceful environment, and numerous recreational activities. It spans over 172 hectares and features several gardens, lakes, sports facilities, picnic areas, and playgrounds for children. 

Visitors can enjoy cycling, hiking, jogging, and other outdoor activities while taking in the park’s picturesque views. Parque da Paz is an ideal spot for relaxation, family outings, or simply escaping the hustle and bustle of the city. It’s a must-visit destination for nature lovers and those seeking peace and calm in a green setting.

Sanctuary of Christ the King

The Sanctuary of Christ the King is a religious monument also located in Almada. Inspired by its Brazilian counterpart Christ the Redeemer statue in Rio de Janeiro, Brazil, it was built to express gratitude for being spared in World War II. 

The statue stands 82 meters tall and overlooks Lisbon and the Tagus River. Visitors can take an elevator to the top of the statue to enjoy panoramic views of the surrounding area. The monument is a popular tourist attraction and an important pilgrimage site for Catholics. It’s a symbol of faith, hope, and peace in Portugal.

Splash Seixal (Water Park)

Splash Seixal is not your average water park but an innovative project. It is a non-permanent attraction, like a water city, made up of huge pools, floats, and recreational areas. It offers an affordable and unique way to stay cool in the summer and is popular with families with children. Tickets start at €6 per person, and besides a lot of water-based fun, you can enjoy exceptional views across the Tagus River.

Lisbon South Bay’s water park also has areas to relax, plenty of shade, and you can buy street food to keep hunger at bay.

Nautical Recreation Center, in Seixal

Water enthusiasts will find this attraction in Lisbon South Bay irresistible. The Nautical Recreation Center is located in the Seixal district. The center offers a wide range of nautical activities, including sailing, windsurfing, kayaking, and paddleboarding, all of which can be enjoyed in the beautiful Tagus River. Visitors can take lessons from qualified instructors or rent equipment to explore the river at their own pace.

This Lisbon South Bay center is equipped with modern facilities, changing rooms, and a cafeteria. It’s a perfect place for families, couples, and groups to spend a fun-filled day on the water. The Nautical Recreation Centre is a must-visit for anyone seeking adventure and excitement in Seixal or enjoying the beauty of the Tagus River in a different way.

Weather

Lisbon South Bay has a Mediterranean climate with warm summers, mild winters, and a lot of sunshine throughout the year. Temperatures often reach 28 Degrees C (82 Degrees F) but can go over 30 degrees C (86 Degrees F), so it’s wise to ensure you have appropriate clothing and plenty of sun cream during the summer months.

During the winter months, temperatures are around 14 degrees C (57.2 Degrees F), with January being the coldest month. November is usually the month when most rainfall occurs, so be prepared for this. 

The city has a lot of sunshine all year round, with nine hours per day during spring and autumn and 12 hours per day during the summer months, which is ideal for enjoying the city during those longer days.

Shopping

Lisbon South Bay may not have the eclectic mix of shopping outlets and markets as Lisbon’s city center, but it is quickly developing into an up-and-coming shopping destination. There are several malls and outlets, one of the biggest being the Forum Almada, with over 100 stores, restaurants, and a cinema. 

A little further away is the RioSul Shopping Center, with over 250 shops, a food court, and a large supermarket. And if you’re after discounted designer brands, head to the Freeport Outlet in Alcochete, located just across the Tagus River. This outdoor mall offers over 140 stores, including international brands such as Hugo Boss, Michael Kors, and Calvin Klein.

Of course, Lisbon’s center is easily accessible by public transport, ensuring that you can enjoy shopping in Lisbon’s many boutiques, markets, and fleamarkets, too.

Restaurants and bars

Lisbon South Bay is a great destination for foodies, with a variety of restaurants and bars to choose from. Cacilhas, a neighborhood located just across the Tagus River, is known for its seafood restaurants serving up fresh fish and shellfish. One of the most famous is the Ponto Final, located right on the riverfront with stunning views of the city.

For a more modern dining experience, head to the Mercado da Romeira, a renovated market that now houses several restaurants serving international cuisine. There are also several bars and cafes in the area, such as the Ginjal Terrasse, with its picturesque terrace overlooking the river.

Airport

Lisbon International Airport is not far, but depending on which neighborhood you live in, the transfer distance can vary between 17 and 45 kilometers. Almada is closest to the airport (17.5 km), but if you live in Barreiro, the airport is 45 km away. This makes Lisbon South Bay apartments a popular place for people who look for rental places close to the airport.

Beaches

Lisbon South Bay is home to several beautiful beaches that are perfect for a day trip or a weekend getaway. One of the most popular is the Praia da Fonte da Telha, located south of Lisbon, which offers miles of golden sand and clear waters.

Another great option is the Costa da Caparica, which is a long stretch of beach with several surf schools and beach bars. If you’re looking for a quieter spot, head to the Praia de São João da Caparica, which is less crowded and has calmer waters.

All of these beaches are easily accessible by public transportation or car, and they offer a great escape from the city heat during the summer months.

Once in Lisbon South Bay, you can take buses, trams, or trains to explore the different neighborhoods and attractions. The metro does not reach Lisbon South Bay directly, but you can take a bus or tram to connect to the nearest station. The Gil Vicente Station is also worth visiting for its architecture alone. Gil Vicente station is located in the Almada district and can be easily reached once in Lisbon South Bay.

There are an array of other top locations to consider buying in and around Lisbon itself. Oeiras Portugal real estate, on the Portuguese Riviera, is one such location that is also increasingly moving into the spotlight – the perfect place for families looking to be close to the capital but also live in a more spacious property.

Taxis and Ubers, as well as ride-sharing services, are also available, although they can be more expensive than public transportation.

Why consider Lisbon South Bay?

Overall, Lisbon South Bay are a great alternative to living in central Lisbon. With plenty of things to do and a growing real estate market, expats will find great properties without a premium price tag. The up-and-coming region benefits from all the perks of being close to a big city but retains a relaxed and laid-back place where locals and expats to live together blissfully.

Goldcrest: How We Can Help You 

Goldcrest is a buyer’s agent that is based in Lisbon. We provide expert, impartial advice on real estate investments and how to buy property in Portugal. From scouting out the perfect property through to property acquisition, we have you covered throughout the process.

If you are looking to purchase property in Portugal, don’t hesitate to get in touch. Our team of skilled experts is available to solve all your real estate doubts, helping you with the property search and offering insightful expertise and strategic advice.

Why choose Goldcrest?

• Local knowledge: With offices located across Portugal, our presence nationwide allows us to assist you personally across the country.
• Independent service: As an independent buying agent, we do not represent any development or project. Our service is entirely tailored toward each individual client, providing you with everything you need to secure the perfect property at the best possible price. As an impartial advisor on the market, we work solely on behalf of our client and provide a service tailored to your needs and requirements.
• Streamlined process: Our real estate agents speak English and Portuguese, and our service is completely focused on providing you with a hassle-free buying experience, saving you time.
• Experienced team: Our expert real estate team has a vast local knowledge of the Portuguese property market. We have cutting-edge technology and metasearch tools at your disposal to provide full market coverage, ensuring the best investment choices and negotiated prices.
• Network of partners: We have a close network of partners, including lawyers, property management services, builders, architects, designers, and landscape gardeners, again saving you time and hassle by providing you with trusted experts in their field of work.