Bairro Alto is a neighbourhood that is hard to generalise – prices can jump significantly from street to street depending on the specific location, condition of the building and views. The best investments tend to be apartments located on the upper floors. Average rates for luxury properties start at €6,500 and fetch up to €11,000 per sqm. Overall, there are still some excellent properties to be found here with a great opportunity for high returns.

Properties for sale in Bairro Alto perform well on the long-term market with an estimated monthly income of €1,150 to €1,200. This translates into an estimated annual yield of up to 4%. Offering an average of €6,202 per sqm, prices for Bairro Alto apartments can be up to 40% lower than in the neighbouring Chiado and Príncipe Real making them a good investment opportunity with strong capital gains and stable long-term rentals yields in one of the most central and dynamic neighbourhoods of Lisbon. Bairro Alto’s reputation for nightlife and the bohemian vibes make it a favourite for young property buyers. By day, streams of tourists wander the iconic sloping streets generating a strong ROI potential for short term rentals in the areas, as well as lucrative commercial real estate. In addition, many of the properties here are eligible for the Portuguese Golden Visa Programme which grants investors residency and paves the way to citizenship.