House prices in Portugal have been rising for several years. And there are streets in Portugal that concentrate more luxury homes for sale, thus standing out for their exclusivity. On the most expensive street of all, buying a house costs an average of 4,404,545 euros. This, at least, is the average price asked by the owners of the houses for sale on the prestigious Rua Garret, located in Lisbon's Chiado district. The top ten ranking of the most expensive streets to buy a house is dominated by properties in the Lisbon district, according to a study carried out by idealista, Portugal's property marketplace. Although these properties are only available to Portuguese and foreign families with the greatest purchasing power, we invite you to take a look at the data.
Completing the podium in this ranking of the streets with the most luxury homes are Rua Melo e Sousa, in Estoril, with an average price of 3,417,142 euros, and Rua das Palmeiras, in Quinta da Marinha, Cascais (3,187,636 euros).
The fourth address with the most exclusive prices to buy a house is located on Rua Vítor Cordon, in the parish of Santa Maria Maior, in Lisbon (3,163,454 euros). Next on the table are the exclusive Herdade da Aroeira Condominium, located in Charneca da Caparica (3,019,000 euros) and Avenida General Carmona, in Estoril, where the average price of luxury housing is around 2,970,000 euros.
In seventh position is Rua Birre, located in Cascais, which has houses with an average price of 2,904,117 euros. The list of the ten most expensive streets to buy a house is completed by Avenida Almirante Gago Coutinho, in Alvalade, Lisbon (2,674,636 euros), Rua de Buenos Aires, in Estrela, Lisbon (2,670,000 euros) and Urbanização Pine Cliffs, in Albufeira (also 2,670,000 euros).
The most expensive streets to buy luxury homes in Portugal
Methodology
For this study, idealista analysed the absolute average price of flats and houses advertised in the same street. To avoid distorting the data, only streets with a minimum of 10 listings were considered, and duplicate properties were eliminated. This study only reveals the average street price, which does not mean that they are the most expensive homes in each market.
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