Edition 1500
10 November 2018
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Portugal’s top ten most expensive streets revealed

in News · 06-09-2018 09:37:00 · 0 Comments

A new study has revealed the top ten most expensive streets in Portugal, where properties sell for an average of between one and almost three million euros.

The study, carried out by Europe’s leading property listings portal Idealista, found the most expensive streets to buy a house on in Portugal are – perhaps unsurprisingly – in Lisbon, Setúbal, the Algarve and Porto.
Idealista has also narrowed down Portugal’s most expensive street to Rua do Salitre, in Lisbon, where properties cost over €2 million, on average.
For the study, Idealista analysed the average price of apartments and villas advertised on the same street, and only streets with a minimum of 10 ads were considered.
Located bang in the centre of Lisbon, Rua do Salitre – which runs off the main Avenida da Liberdade – is the street with the most expensive housing in Portugal.
Sellers along this exclusive stretch in the capital ask an average of €2,820,312 for their luxurious properties.
Second place on this high-end listing goes to Soltroia Urbanisation in Setúbal, where the average property sale price is €1,926,818, which is not too far off prices charged on Rua Fernão Mendes Pinto in Belém (Lisbon), which takes the third place on the ranking with prices at around €1,912,731.
In Cascais, Rua Dom Afonso Henriques is the fourth most expensive street in Portugal, followed by Loteamento Fonte Santa in Quarteira (Algarve, €1,589,941) in fifth, and Rua Gazeta d’Oeiras (Oerias, €1,588,23), in sixth.
Portugal’s seventh most expensive street goes to Porto’s Avenida Marechal Gomes da Costa, whose houses have an average price of €1,520,000.
The list of the ten most expensive streets in Portugal is completed with Avenida 24 de Julho, in Lisbon (€1,518,031), the Varandas do Lago Urbanisation in Almancil (€1,460,909 euros), and Avenida da República in Lisbon (€1,445,990).

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Edition 1500
10 November 2018
Edition: 1500

Read this week's issue online exactly as it appears in print.

Twitter

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