Avenidas Novas

01

The Stage

• Avenidas Novas boasts a mix of residential areas, from historic neighborhoods with traditional Portuguese architecture to modern apartment complexes.

• The parish attracts a diverse demographic, including families, young professionals, and retirees, due to its central location and range of housing options.

02

Education

• Avenidas Novas is home to several prestigious educational institutions, providing quality education from primary to tertiary levels.

• Notable schools include Escola Secundária de Pedro Nunes, Escola Secundária Dona Maria II, and Colégio São João de Brito, offering both public and private education

  options.

03

Healthcare

• Residents have access to top-tier healthcare services with numerous hospitals and  private clinics and specialized medical centers in the area, contributing to a strong sense of security.

• Hospitals such as Hospital Curry Cabral and Hospital Santa Maria ensure quality medical care for residents, covering a wide range of specialties.

04

Services Hub

• Avenidas Novas offers a plethora of services to cater to residents' daily needs, including supermarkets, pharmacies, banks, and post offices.

• Shopping enthusiasts can explore Avenida de Roma and Avenida da República, known for their diverse range of shops, boutiques, and department stores.

05

Cultural Scene

• Avenidas Novas features several parks and green spaces, providing residents with opportunities for outdoor recreation and relaxation, as the Gulbenkian Garden and Museum.

• Parque Eduardo VII, the largest park in the area, offers stunning views of the city and hosts events and festivals throughout the year.

06

Real Estate

• Avenidas Novas remains one of Lisbon’s most attractive and sought-after neighborhoods, offering a mix of modern apartment buildings and well-preserved traditional properties. Known for its central location, business hubs, excellent transport links, and proximity to key educational institutions, the neighborhood continues to appeal to both families and professionals.

  Market Trends in 2025

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  The real estate market in Avenidas Novas has demonstrated steady growth throughout 2024. The average property price per square meter in the area has been:

  • €6,600/m², reflecting consistent demand and growth in both apartments and houses across the neighborhood.

  • For new construction / under development the m2 price stats in €8,900/m2

    
    

  While Avenidas Novas is generally more expensive than other areas in Lisbon, it remains a relatively affordable alternative to more central, tourist-heavy neighborhoods like Baixa and Chiado. Its proximity to business districts, universities, and cultural centers makes it highly desirable for professionals, students, and investors.

  Rental Market

  The rental market in Avenidas Novas remains robust, with continued demand for apartments and houses from young professionals, expatriates, and families. The average rental price per square meter in 2024 has been:

  • €22/m² for apartments, depending on size and condition.

    
    

  Rental prices have increased slightly over the past year, driven by the high demand for well-located properties and the continued appeal of Avenidas Novas for long-term tenants.

  Year-on-Year Growth

  • Throughout 2024, property prices in Avenidas Novas have grown by approximately 5-7% year-on-year, demonstrating strong and consistent demand.

  • The ongoing modernization of older buildings and the development of new infrastructure in the area has added to its appeal for both residents and investors.

  • Demand for rental properties remains steady, supported by Avenidas Novas' prime location, easy access to metro stations, and its proximity to cultural and commercial attractions.

  Investment Potential

  Avenidas Novas presents strong investment potential, particularly for those seeking long-term growth. With high rental yields, the area continues to attract investors looking for steady returns. Additionally, the neighborhood benefits from a stable and appreciating market, with consistent demand from both residential buyers and renters.

  Its central location, modern infrastructure, and high-quality living conditions make it a top choice for both investors and homebuyers alike. Avenidas Novas remains a highly competitive area, offering reliable investment opportunities for those looking to enter Lisbon's real estate market.

  In conclusion, Avenidas Novas offers a stable, appreciating real estate market with good investment potential. The combination of its central location, high-quality living, and consistent growth makes it one of Lisbon’s most desirable areas for residential living and property investment.

Data Source: Casafari platform - Gather all the properties info in the market.

Informaton updated every Quarter. Last update April 2025