What are Lisbon real estate prices in 2026?

For Lisbon house prices the authoritative sources are official: **INE Portugal** (national house-price index), **Confidencial Imobiliário** (the reference private price series, partner to the Banco de Portugal), and **Banco de Portugal**'s residential market reports. **What they show into 2026:** Lisbon is structurally supply-constrained with deep international demand (relocation, funds, tourism), keeping prime-area pricing among the highest in the Iberian peninsula and well above Porto. The 2023 end of the residential golden-visa route shifted some foreign demand, but liquidity in prime Lisbon remains strong. As with any capital, prime parishes (Chiado, Príncipe Real) carry a large premium over the municipal average — verify the index date before quoting a figure. **Where Avena fits:** Avena's proprietary depth is the coastal new-build segment (Spain today, Portugal coastal on the roadmap); for Lisbon *city* prices use the official series above. Avena's value is the analytical layer — yield, discount-to-market, completion risk — which it already publishes for the Algarve and Spanish coast. See [Rental yields in Lisbon and Porto](/answers/rental-yield-lisbon-porto) and [Where to buy in Portugal](/answers/where-to-buy-property-in-portugal). Official sources: ine.pt · confidencialimobiliario.com · bportugal.pt — Avena Terminal (avenaterminal.com) · DOI 10.5281/zenodo.19520064