Landlords in the capital are asking an average of €4,898 per square metre (€/m2), according to a study by idealista, Portugal's property marketplace.
The ranking of the five most expensive municipalities is completed with Cascais (3,691 Euros/m2), Grândola (3,376 euros/m2), Loulé (3,026 euro/m2) and Porto (3,026 Euros/m2). Sixth place goes to Oeiras, in Lisbon, where the square metre costs €2,997.
For less than 3,000 euros per square metre, there are the municipalities of Lagos (2,699 euros/m2), Lagoa (2,672 euros/m2), Sesimbra (2,545 euros/m2), Albufeira (2,438 euros/m2), Matosinhos (2,373 euros/m2), Odivelas (2,208 euros/m2) and Tavira (2,199 euros/m2).
The ranking continues with the district of Lisbon, more precisely Loures (2,179 euros/m2) and Amadora (2,170 euros/m2). These are followed by the municipalities of Portimão (2,108 euros/m2), Almada (2,073 euros/m2), Silves (2,039 euros/m2), Vila Real de Santo António and Faro (2,029 euros/m2 in both municipalities), Funchal (2,018 euros/m2) and Olhão (2,004 euros/m2).
In the last three places of the ranking are the municipalities of Espinho (2,002 euros/m2), Alcochete (1,968 euros/m2) and Nazaré (1,957 euros/m2).
The study carried out by Idealista also found the most exclusive localities in each district in Portugal. In addition to the districts with municipalities in the top 25 positions, the list is completed with Montemor-o-Novo in Évora (1,890 euros/m2), Coimbra (1,736 euros/m2), Esposende in Braga (1,564 euros/m2), Odemira in Beja (1,500 euros/m2), Viana do Castelo (1,238 euros/m2) and Vila Real (1,165 euros/m2).
At the opposite end, Guarda is the municipality on this list where it is cheaper to buy a house: 713 euros/m2. Followed by Ponte de Sor in Portalegre (735 euros/m2), Castelo Branco (796 euros/m2), Mirandela in Bragança (828 euros/m2), Benavente in Santarém (1,105 euros/m2) and Viseu (1,111 euros/m2).