Lisbon has 5 distinct Class A submarkets we track, anchored by Avenida da Liberdade at the trophy tier.

  • 5 submarkets covered.
  • Trophy tier: Avenida da Liberdade.
  • Prime tier: Parque das Nações, Saldanha (CBD), Expo East / Beato Hub.
  • Established/emerging tier: Oeiras & Cascais Corridor.

Lisbon Class A submarkets

Lisbon has 5 distinct Class A submarkets we track, anchored by Avenida da Liberdade at the trophy tier.

TL;DR

  • 5 submarkets covered.
  • Trophy tier: Avenida da Liberdade.
  • Prime tier: Parque das Nações, Saldanha (CBD), Expo East / Beato Hub.
  • Established/emerging tier: Oeiras & Cascais Corridor.

By tier

**Avenida da Liberdade** (trophy, ~€32/sqm/mo · ≈ $38.5 PSF/yr USD) — Historic trophy spine. **Parque das Nações** (prime, ~€26/sqm/mo · ≈ $31.3 PSF/yr USD) — Trophy waterfront and tech corridor. **Saldanha (CBD)** (prime, ~€28/sqm/mo · ≈ $33.7 PSF/yr USD) — Established trophy core. **Expo East / Beato Hub** (prime, ~€24/sqm/mo · ≈ $28.9 PSF/yr USD) — Repositioned creative submarket. **Oeiras & Cascais Corridor** (established, ~€22/sqm/mo · ≈ $26.5 PSF/yr USD) — Suburban Class A campus belt.

Key facts

cityLisbon
countryPortugal
regionEMEA
classARentLocal28 EUR/sqft/yr
classARentUsd$30/sqft/yr
vacancy7.8%
typicalLeaseYears5
typicalRentFreeMonths4
submarkets5
primeYieldPct5.4%
trophyCount1
primeCount3

Frequently asked questions

How many Class A submarkets are in Lisbon?
5, ranging from trophy (Avenida da Liberdade) down to established and emerging clusters.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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