The Graça housing market report in 2022-2023 summarises key trends in real estate prices in this area of Lisbon. The analysis covers residencial prices (houses, villas, apartments) and new developments. The report primarily draws on publicly available datasets. This housing market report is updated regularly.
CONTACT US TODAY TO DISCUSS YOUR PROPERTY SEARCHInformation updated: October 10, 2022
Information on the average purchase price for a home in Graça. Average property prices per sqm and by category of property (flat/apartment/villa/house)
| Location | Property type | Average selling price per sqm |
| Graça | Flat | 4 700€/sqm |
« A great location, in a cosmopolitan district, well served by public transport, the highest hill in Lisbon with breathtaking views… Despite many assets, the property prices in Graça remain fairly low. Graça properties offer a strong return potential on the medium and long term as typical and peaceful districts in Lisbon are getting rarer.»
Tagus Property
Welcome to Graça
This peaceful district is located on the highest hill in Lisbon, where camped the troops of Afonso I during the siege of 1147. In the 18th century, Graça welcomed many inhabitants fleeing the areas devastated by the earthquake of 1755. Aristocrats, then traders and bourgeois gave it a unique atmosphere that remains, with streets and squares lined with palaces and azulejos covered apartment buildings.
At the beginning of the 20th century, workers from the industries established on the banks of the Tagus moved into new districts made of two or three floors buildings, such as Vila Berta and the Bairro Estrela d’Ouro, near the Rua Senhora do Monte.
Apart from its quiet atmosphere, one of the many charms of Graça is its miradouros, balcony belvederes overlooking the city.
Next to the castle, the graceful Graça district is unique with its romantic belvederes, winding alleys and the white domes of the National Pantheon and the Church of São Vicente de Fora standing out on the skyline.
Graça is one of those districts lost in time where, even with tourists present, visitors almost feel like they are sharing the daily life and customs of the locals. Despite the constant stream of visitors, this living district still feels calm and relaxing.
The Feira da Ladra (Fair of the Thief) flea market, held since the dawn of time every Tuesday and Saturday, is at the heart of this harmonious atmosphere between market traders, residents and visitors. It’s difficult to leave Lisbon’s flea market empty-handed!
We use our in-depth market knowledge and extensive real estate network to provide our clients with access to the best properties, both on and off-market. We oversee every aspect of the purchase process from start to finish.
Let’s talk about your project!
