Gonçalo Peixoto Updated: July 6, 2026
Situated in the capital city of Portugal, Principe Real is one of the most sought-after neighborhoods in Lisbon. From cozy bars, upscale restaurants, and heritage museums to art galleries and posh real estate options like villas, apartments, and mansions, Principe Real in Lisbon is a great residential area for expat families and international investors. In this article, we will take you through the real estate properties available in the area, the benefits of investing in this neighborhood, and more.
Why invest in real estate in Príncipe Real?
Príncipe Real has a large expat community. The neighborhood has a cosmopolitan culture and is one of the most attractive areas in terms of property for sale in Lisbon.
The area is filled with boutique hotels, concept stores, fabulous restaurants, and bars. This makes it the perfect spot in the city to enjoy a luxurious lifestyle, where you easily get around the city.
Lisbon, as with Portugal as a whole, boasts an excellent quality of life, with world-class healthcare and education systems. The city is safe, and you can enjoy an affordable yet relaxed lifestyle here.
In addition to Príncipe Real, other areas nearby are also worth considering. For more details, you can read our article: The Ultimate Guide to the Best Neighborhoods in Lisbon
Cost of Living in Príncipe Real, Portugal
Utilities
- The basic cost of utilities for one month (electricity, heating, cooling, water, garbage) for an 85m2 apartment – €127.75
- Internet (60 Mbps or more, unlimited data, cable/ADSL) – €37.06
Childcare
- Preschool (or Kindergarten), full day, private, yearly fee for one child – €4,936.08
- International primary school, yearly fee for one child- €9,197.42
Transportation
- One-way ticket (local transport) – €2.00
- Monthly pass (regular price) – €40.00
- Taxi for 1km (normal tariff) – €0.65
- Gasoline (1 liter) – € 1.89
Restaurants
- A meal in an inexpensive restaurant – €12.00
- Meal for two people, mid-range restaurant for three-course – €50.00
- Water (0.33-liter bottle)- €1.15
Source: Numbeo
Types of Properties for Sale in Príncipe Real, Lisbon
Various real estate options are for sale in this peaceful neighborhood. The area is filled with 19th-century buildings, contemporary apartments, and luxurious apartments. The neighborhood has definitely got an old-world charm, but with a modern twist. In addition to this, you will find cozy bars, cafes, and beautiful gardens where you can just simply hang out and relax.
The average asking price of a property in the Misericórdia parish, in which Príncipe Real is located, stood at €7,937 per square meter in Q4 2025, while the average rental yield is 4.6 percent.
If you are looking to be closer to some spectacular beaches close to Lisbon, it is worth checking out properties in Oeiras and Cascais on the Portuguese Riviera, where you’ll be able to enjoy the best of both worlds, living close to the capital but also being able to make the most of the beautiful beaches in Portugal.
Goldcrest: How We Can Help You
Goldcrest is the first buyer’s agent in Portugal. 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.
Unlike traditional real estate agents in Portugal who represent the seller, we are dedicated exclusively to protecting the buyer’s interests.
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.
- 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. We can also help you buy property remotely.
- 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.
If you are interested in buying property in Lisbon, Portugal, you can read the following articles:
Frequently Asked Questions about Real Estate in Príncipe Real
How much do you need to pay for rent for apartments in Príncipe Real?
If you are considering houses for rent in Lisbon, Portugal, Príncipe Real is a good choice, with beautiful properties available. The rent for one-bedroom apartments in Príncipe Real, Lisbon, ranges between €2,100 – €2,700 a year.
What activities are there to do in Príncipe Real?
In Príncipe Real, you can spend your time visiting art galleries, museums, antique shops, and more.
