Portugal's most expensive street is in Cascais, with median home prices of €4.35 million
A new analysis by property portal Idealista shows Portugal's priciest streets are concentrated around Cascais and Estoril, while Lisbon, Faro and Porto dominate the overall luxury housing supply.
Property portal Idealista has released an analysis of Portugal's most expensive streets, ranking Rua das Faias in Cascais first with a median asking price of €4.35 million. It is closely followed by another Cascais street, Rua das Violetas, at €4.3 million. Third place goes to the Vale do Lobo development in Almancil (€4.25 million), while Cascais appears again in fourth place with Rua das Papoilas (€4 million).
Overall, three of the five most expensive streets are located in the Cascais-Estoril area, which dominates the luxury market. The rest of the top ten includes streets in Sintra, Porto, Lagos, the Setúbal district and Estoril, with median prices ranging between €2.4 million and €3.9 million.
Why Lisbon is absent from the top ten
Although the capital does not feature among the ten priciest streets, this does not mean it lacks luxury housing. Idealista explains that high-end properties are proportionally more concentrated in neighbouring municipalities such as Cascais and Sintra, as well as in the Algarve, where premium developments often form separate complexes. The analysis only considered streets with at least ten listings.
Outside the top ten, the most expensive street is in Madeira, where the median price reaches €1.5 million. The cheapest street included in the study is in the Viseu district, at around €300,000 — roughly 14 times less than Cascais's priciest street.
Over 19,000 luxury homes on the market
At the start of August, Idealista listed more than 19,000 homes priced above €1 million. Around 80% of this supply is concentrated in the Lisbon, Faro and Porto districts, with Lisbon alone accounting for nearly 41%. In the segment above €3 million, Lisbon's dominance is even more pronounced, holding almost half of the more than 3,200 such listings nationwide, while several regions, including Vila Real and Bragança, had none in this price range in August.
Idealista notes that the figures reflect owners' asking prices rather than the final sale prices.
