Buying a house on the most expensive street in Portugal costs, on average, 4,470,462 euros.
The most exclusive and most expensive street in Portugal for buying a property is found Oeiras, Lisbon. Currently, buying a house on the most expensive street in Portugal costs, on average, 4,470,462 euros. This is the average asking price of owners on the exclusive Avenida Marginal, located in the municipality of Oeiras. The top 10 ranking of the most expensive streets to buy a house is dominated by properties that are located in the Lisbon district, however two streets in the Algarve also feature in the list. This is according to a study conducted by idealista, the real estate marketplace in Portugal. Let's have a closer look at the 10 most expensive streets in Portugal in 2021.
Completing the podium of this luxury ranking are Avenida das Descobertas, in the parish of São Francisco de Xavier in Lisbon, with an average price of 3,754,091 euros, and Avenida Almirante Gago Coutinho, also in Lisbon with an average price of 3,672,438 euros.
The fourth address with the most exclusive prices to buy a house in Portugal is located further south in the country in the Algarve, in the exclusive Quinta do Lago residential estate (Estrada Quinta do Lago). Quinta do Lago is located in Almancil in the municipality of Loulé and is one of the most well known areas of Portugal amongst luxury buyers, with average prices reaching 3,589,000 euros. Next in the table are Avenida Brasil, located in Cascais (2,846,667 euros), and Rua das Papoilas, also in Cascais, where the average price of luxury housing is around 2,790,000 euros.
In seventh position appears Avenida do Mar, located in Vale do Lobo, also in Almancil in the Algarve, where houses are on the market at an average price of 2,399,074 euros. The list of the 10 most expensive streets in Portugal is completed with Rua Melo e Sousa, in Estoril (2,347,917 euros), Avenida da República, in Cascais (2,343,960 euros), and Rua dos Cravos, in the Birre area, in Cascais (2,247,684 euros).
For the preparation of this study, idealista has analysed the average absolute price of apartments, houses and villas advertised on the same street. To avoid distortions in the data, only streets with a minimum of 10 property listings have been considered, also eliminating duplicated properties. This study only reveals the average price of the street, which does not mean that these are the most expensive properties in each market.
The 10 most expensive streets in Portugal 2021
|Street||Parish||District||Average Price (euros)|
|1||Avenida Marginal||Oeiras e São Julião Barra||Lisbon||4,470,462|
|2||Avenida das Descobertas||São Franciso Xavier||Lisbon||3,754,091|
|3||Avenida Almirante Gago Coutinho||Areeiro||Lisbon||3,672,438|
|4||Estrada da Quinta do Lago||Almancil||Faro (Algarve)||3,589,000|
|6||Rua das Papoilas||Cascais||Lisbon||2,790,000|
|7||Avenida do Mar||Almancil||Faro (Algarve)||2,399,074|
|8||Rua Melo e Sousa||Estoril||Lisbon||2,347,917|
|9||Avenida da República||Cascais||Lisbon||2,343,960|
|10||Rua dos Cravos||Cascais||Lisbon||2,247,684|