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Real Estate Market in Baixa / Rossio in 2021

The Baixa / Rossio housing market report summarises key trends in Baixa / Rossio’s housing market in Lisbon. The analysis covers house prices and new developments. The report primarily draws on publicly available datasets. The Baixa / Rossio housing market (houses & apartments) report is updated regularly.


Property prices in Baixa / Rossio

Prices per sqm in the Baixa / Rossio district in 2021 €5.000 > €7.500

At a Glance

Welcome to Baixa / Rossio

Baixa: the place to be, and the most beautiful squares in the capital: Commerce Square, Fig Tree Square and Restauradores Square.

Baixa is primarily a shopping area: there are many shops to choose from and it is the ideal place to go shopping in Lisbon.

The Baixa district was completely destroyed by the 1755 earthquake and tsunami. This part of town was rebuilt by the Marquis of Pombal. These two districts are famous for their many squares.

First, the Commerce Square, lined with buildings that house the Stock Exchange, several ministries and the baroque Triumphal Arc. In the centre stands the equestrian statue of King D. José I. This beautiful square directly overlooks the Tagus and offers stunning views of Christ the King and the 25th of April Bridge from the two monolithic pillars of Cais das Colunas.

Good to know

  • The Baixa district is considered as the city centre of Lisbon. It extends from the banks of the Tagus to Liberty Avenue (Avenida da Liberdade) and lies between the two hills that house the Alfama and Chiado districts.
  • Baixa has an impressive number of restaurants, shops and bars to meet the needs and desires of everyone – it is in our opinion the best place to spend a holiday in Lisbon.

Some figures…

  • Carcavelos Beach: 20 minutes by train (Cais do Sodré)
  • Cascais: 40 minutes by train (Cais do Sodré)
  • Airport: Humberto Delgado Lisbon Airport : 20 minutes’ drive
  • Train station: Rossio Train Station : 20 minutes’ walk
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Baixa / Rossio is located in downtown Lisbon

Baixa / Rossio the heart of Lisbon

The belvedere at the top of the Triumphal Arc opened in August 2013.
From there, you can enjoy a breathtaking panoramic view over the Praça do Comércio, the Castle of São Jorge, the Baixa district and the Tagus.
Inside, you will discover in the Clock Room exhibition the history of this triumphal arch, from the beginning of its construction after the earthquake of 1755 until its completion in 1875.

You can also admire the Praça Da Figueira (Fig Tree Square), where many events take place, the Praça Dom Pedro IV (Praça do Rossio) with its magnificent train station and the Praça dos Restauradores.
Finally, you can also take a walk along the best-known avenue of this district, the Avenida da Liberdade, a main artery leading to the Eduardo VII Park and the Marquis de Pombal Square.

The Baixa district is at the heart of Lisbon with quick access to the other parts of the city. Access to public transport is easy.

A word from the real estate expert of Baixa / Rossio district of Lisbon

«Thanks to our analyses of the real estate market in Lisbon, to our understanding of the specificities of the Baxia area, and an excellent knowledge of the districts of the Lisbon, LX Properties provides you with the best investment opportunities in Baixa.»
Average price per sqm in Baixa / Historical City Centre : €5.000 – €7.500/sqm

Tagus Property

Baixa / Rossio: real estate market conditions

Located right next to Chiado and all its attractions, the prices in Baixa have been going up rapidly in recent years thanks to a lower entry price than its neighbour of €5,000 per m² for luxury new builds. Although the area is more commercial than residential, there is a big market for rental investments. In addition, Baixa has begun the process to join the UNESCO World Heritage program, which would further enhance the neighbourhood.

Discover the detailed prices for an apartment in Baixa / Rossio per sqm.

Around the block

The best attraction in the Baixa district is undoubtedly the incredible view from the top of the triumphal arch of Augusta Street (Arco da Rua Augusta). 
Stop and have a drink of Ginja, a homemade cherry liqueur, at the “A Ginjinha” bar in the Rossio district. A Ginjinha is a typical Lisbon bistro. People come here to drink “ginjinha”, a famous cherry liqueur loved by the Lisboans.
Visit the Castelo de São Jorge to discover one of the best views of Lisbon. This castle was built by the Visigoths in the 5th century, was enlarged by the Moors in the 9th century and was finally modified under the reign of Afonso Henriques.

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