The Estrela / Lapa housing market report in 2022-2023 summarises key trends in real estate prices in this area of Lisbon. The analysis covers residencial prices (houses, villas, apartments) and new developments. The report primarily draws on publicly available datasets. This housing market report is updated regularly.
CONTACT US TODAY TO DISCUSS YOUR PROPERTY SEARCHInformation updated: October 10, 2022
Information on the average purchase price for a home in Estrela / Lapa. Average property prices per sqm and by category of property (flat/apartment/villa/house)
| Location | Property type | Average selling price per sqm |
| Estrela / Lapa | Flat / Apartment | 6 200€/sqm |
| Estrela / Lapa | House / Villa | 7 200€/sqm |
“Estrela / Lapa district is considered one of the best residential areas of Lisbon, associated with a prestigious image and a location sought after by wealthy Portuguese and by some foreigners living and working in Portugal. This upmarket, elegant and commercial Lisbon district was formerly home to the royal family. You will find many embassies, palaces and luxury properties, most with views of the Tagus and the city. The Lapa / Estrela district offers many great local shops and several private schools”
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Welcome to Estrela / Lapa
Estrela and Lapa are synonymous with history and charm. Many of the most traditional families in the city live there. Residential area by excellence, very central with well-established shops. You will find an impressive garden and a basilica in the Estrela (Star) district. The basilica (built in the 18th century), located at Largo da Estrela combines Baroque and Neoclassical styles.
The dome and the façade (with two twin towers and statues of saints and other figures) are one of the postcard pictures of Lisbon. It is open daily until eight.
Just across from the Basilica: the Estrela Garden (or Guerra Junqueiro Garden). Banana trees, jacarandas and plane trees, kingfishers, peacocks and swans are waiting for you along with a “musical silence” in one of the most elegant gardens in the capital. Like a romantic English garden, Jardim da Estrela houses the oldest wrought iron bandstand in Lisbon.
This is a great place to read a book, walk, run or have a drink. If you have a laptop, take it with you, there is free Wi-Fi. There are many public transports available: buses (9, 20, 22 and 38) and trams (the 25 and the famous 28).
The declaration of the Lapa district as a parish dates back to 1770. More than two centuries later, it is where most embassies are located: China, Ireland, Netherlands, United Kingdom and Sweden to name a few.
In this district, there is a sense of being in an old Lisbon, where time stood still. Do not miss the “A Padaria da Lapa” restaurant, the “Casa de chá da Lapa”, an elegant space that is already part of history, popular with many personalities and Lisbon’s elite.
To relax, enjoy the “Lapa Palace Spa”.
For a night of Fado, you are in the right place, “Sr. Vinho” has been a restaurant / Fado venue since 1975.
The house specialties are cod, baked goat or pork loin. When the venue goes silent, it is because the Fado singing is about to begin. The in-house singers are truly exceptional.
We use our in-depth market knowledge and extensive real estate network to provide our clients with access to the best properties, both on and off-market. We oversee every aspect of the purchase process from start to finish.
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