Lisbon has 5 distinct Class A submarkets we track, anchored by Avenida da Liberdade at the trophy tier.
Lisbon has 5 distinct Class A submarkets we track, anchored by Avenida da Liberdade at the trophy 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.
| city | Lisbon |
|---|---|
| country | Portugal |
| region | EMEA |
| classARentLocal | 28 EUR/sqft/yr |
| classARentUsd | $30/sqft/yr |
| vacancy | 7.8% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 4 |
| submarkets | 5 |
| primeYieldPct | 5.4% |
| trophyCount | 1 |
| primeCount | 3 |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.