Real Estate in Principe Real

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.

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 Principe 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

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 Available in Principe Real

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 Principe Real is located, stood at €7,895 per square meter in 2024, while the average rental yield is 5 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 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.

Why Goldcrest

Goldcrest is a buyer’s agent in Portugal and always has the best interest of buyers in mind. Unlike real estate agents, the expert team of professionals at Goldcrest works closely with property buyers to strike the best deal. Be it finding your dream home, dealing with all the formalities, or closing all contracts, and other legalities, Goldcrest guides you every step of the way so that you make the best decision.

If you are interested in buying property in Lisbon, Portugal, you can read the following articles:

• Homes for Sale in Lisbon Portugal: Top Ten Neighborhoods
• Your Guide to Real Estate Baixa Lisbon
• The Best Places to discover Portugal’s Premium Property
• Where Are the Best Gay Areas in Lisbon?