Property for sale in Príncipe Real, Lisbon | Athena Advisers
Property for sale in Príncipe Real, Lisbon
Apartment for sale in Principe Real, Lisbon with a dining room opening up onto a balcony with a stylish sofa and city views.

Príncipe Real is one of the most cosmopolitan areas of Lisbon. It is a wealthy area with elegant mansions, museums, shops and exciting bars and restaurants and it is also an idyllic residential neighbourhood with many modern properties for sale.

Considered one of the preferred addresses of young Portuguese locals and international investors, Príncipe Real slopes up from one of the city’s best viewpoints, set on the pinnacle of one of Lisbon’s seven hills where Chiado, Estrela, Avenida da Liberdade and Largo do Rato meet.

Amazing location

Explore our exclusive portfolio of apartments for sale in Príncipe Real, a chic, cosmopolitan and highly sought-after area.

Príncipe Real property for sale.

Why buy a property in Príncipe Real

“Investment and residential growth in Príncipe Real are on the rise, transforming the neighbourhood into one of Lisbon’s more sought after locations.”

David Moura-George, Managing Director, Portugal & Real Estate Specialist

Get to know Príncipe Real


Local property experts

Our team of property experts have found the very best apartments and real estate for sale in Príncipe Real, Lisbon. With a modern-minded approach we apply to everything we do.

Located in the heart of the city, with a contrasting blend of tranquil, leafy squares and a vibrant social scene has turned Príncipe Real into one of the most sought-after areas to live in Lisbon. The unique Salitre 183 apartments for sale with only one apartment per floor, ranging from one to four-bedroom apartments, combines modern architecture with the traditional Portuguese 18th century style. It has high-end finishes with modern refined interior design, parking, a spacious terrace and private garden. The property benefits from a prime location, nearby transportation hubs, good schools and universities. In addition, it is a short walk to Avenida da Liberdade and its luxury stores and fine dining. This pleasant residential district has colourful, elegant apartments and mansions connected by a patch-work of noble squares, with century-old trees, tranquil ponds and flashes of spectacular views over the city and glittering Tagus River.

Expert opinion

Ignited by the interest of locals and international investors, its many charms are no longer a secret and prices for luxury newly-built apartments for sale in Príncipe Real range between €6,500 and €11,000 per sqm. Príncipe Real apartments have a unique combination of traditional and modern architectural restoration, together with a hybrid of the peaceful and bustling area filled with concept shops and excellent restaurants. Investment and residential growth are on the rise, transforming the neighbourhood into one of Lisbon’s more sought after locations. As a result, while Príncipe Real is not the market for rapid capital appreciation, it’s one of the city’s loveliest options for investors planning to live in the property. Chic and centrally located, properties for sale in Príncipe Real offer strong long and short term rental opportunities.

Investment potential

Príncipe Real is a neighbourhood loved by locals, Portuguese and international clients. It has fewer visitors than other neighbourhoods and lower prices, resulting in high demand and good potential for capital gain. As an important commercial destination, the neighbourhood has many conceptual stores as much as small art galleries and antique stores. The day-to-day life in the neighbourhood has its own rhythm resulting in a gentle mix of the traditional and the contemporary creating a charming personality. Buying a property for sale in Príncipe Real is a perfect investment for families wanting to live peacefully in the centre of Lisbon or investors wanting a safe capital investment.

Things to do

São Pedro de Alcântara viewpoint is always a good choice, any time of the day. It is where artisanal market stalls selling fresh lemonade draw young families, while residents soak up the views in the shade of the olive trees. Have a stroll around the neighbourhood to enjoy tranquil locations such as Jardim do Príncipe Real, with shaded benches under a vast and dense cedar, and the beautiful Lisbon Botanical Garden. The neighbourhood also has many small art galleries, antique stores and voguish restaurants such as the Memmo Hotel Restaurant, Jardim dos Sentidos, Yakuza, and the panoramic Lost In. Make sure to also have tapas at Tapisco and an eccentric experience at Pavilhão Chinês. Recently, a crumbling 1877 mansion on Praça do Príncipe Real was reborn as, Embaixada, turning the new-Arabian Palace into one of the most iconic buildings and home to a series of national brands and artists focused on Portuguese design, craftsmanship, fashion, gastronomy and culture.


Relocating to Lisbon.

From understanding healthcare to find the best schools, take a look at our complete guide to moving to Lisbon.

How we work.

Our approach allows us to confidently present our clients not only with beautiful properties, but also with sound investment opportunities in each of our markets thanks to both the local presence of our on-the-ground experts and the strong network of highly regarded developers and architects we’ve formed exclusive partnerships with.

Contact our property advisers

A highly skilled team, each with their own areas of specialist knowledge and expertise.

Alex Montier

Senior Adviser

Niamh Erbek

Head Senior Adviser

Marta Salgado

Portugal Adviser


  • Chiado
  • Avenidas Novas
  • Avenida da Liberdade