Best Neighborhoods for Retirees in Lisbon
Summary: If you're retiring in Lisbon, here are some of the best neighborhoods in Lisbon for retirees.
Lisbon's vibrant capital, offers a blend of historic charm, modern amenities, and a mild climate that makes it an attractive destination for retirees and expats. With its rich culture, delicious cuisine, and welcoming community, Lisbon has something to offer everyone. Here are eight of the best neighborhoods for retirees to live in Lisbon.
Avenidas Novas
Avenidas Novas is a modern and well-connected neighborhood that offers a high quality of life. Retirees can enjoy a variety of activities, including walks in the beautiful Eduardo VII Park, visits to the Calouste Gulbenkian Museum, or leisure time at the El Corte Ingles shopping mall. The neighborhood is also home to several tennis clubs and gyms.
Location: North of the city center, easily accessible by metro and bus.
Real Estate: Average rental price of a 2-bedroom apartment is around 1,500 EUR, and a 3-bedroom is around 2,000 EUR. Average purchase price of a 2-bedroom apartment is around 500,000 EUR, and a 3-bedroom is around 700,000 EUR.
Healthcare: Hospital CUF is a well-regarded private hospital in the area. There are also several clinics and health centers.
Where to Eat: A Cevicheria offers delicious Peruvian cuisine, while Taberna da Esperanca serves traditional Portuguese dishes.
Interesting History: The neighborhood is home to the Campo Pequeno Bullring, a historic venue that now serves as a concert hall and shopping center.
Volunteer Organizations: The Gulbenkian Foundation offers various volunteering opportunities in cultural and social projects.
Parks: Eduardo VII Park is the largest park in the neighborhood, offering beautiful views of the city.
Belem
Belem is a historic neighborhood known for its iconic landmarks, museums, and beautiful riverfront promenade. Retirees can enjoy visits to the Jeronimos Monastery, Belem Tower, and the MAAT museum. The neighborhood also offers plenty of green spaces and cycling paths.
Location: Southwest of the city center, along the Tagus River.
Real Estate: Average rental price of a 2-bedroom apartment is around 1,200 EUR, and a 3-bedroom is around 1,800 EUR. Average purchase price of a 2-bedroom apartment is around 450,000 EUR, and a 3-bedroom is around 650,000 EUR.
Healthcare: Hospital Egas Moniz is a public hospital in the area. There are also several private clinics.
Where to Eat: Pasteis de Belem is a must-visit for its famous custard tarts, while Darwin's Cafe offers international cuisine with a view.
Interesting History: Belem is the birthplace of the famous Portuguese explorer Vasco da Gama.
Volunteer Organizations: The MAAT museum offers volunteering opportunities in cultural and educational programs.
Parks: Jardim da Praca do Imperio is a popular park with beautiful gardens and fountains.
Chiado
Chiado is a charming and elegant neighborhood known for its historic architecture, theaters, and literary culture. Retirees can enjoy visits to the Sao Carlos National Theater, the Chiado Museum, and the famous Cafe A Brasileira. The neighborhood also offers excellent shopping and dining options.
Location: Central Lisbon, between Bairro Alto and Baixa.
Real Estate: Average rental price of a 2-bedroom apartment is around 1,800 EUR, and a 3-bedroom is around 2,500 EUR. Average purchase price of a 2-bedroom apartment is around 600,000 EUR, and a 3-bedroom is around 900,000 EUR.
Healthcare: Hospital de Sao Jose is a public hospital in the area. There are also several private clinics.
Where to Eat: Belcanto is a Michelin-starred restaurant offering a unique dining experience, while A Cervicheria serves delicious seafood dishes.
Interesting History: Chiado was the birthplace of the famous Portuguese poet Fernando Pessoa.
Volunteer Organizations: The Sao Carlos National Theater offers volunteering opportunities in cultural events.
Parks: Jardim de Sao Pedro de Alcantara offers beautiful views of the city and the Tagus River.
Estrela
Estrela is a peaceful and residential neighborhood known for its beautiful garden, the Estrela Garden. Retirees can enjoy walks in the garden, visits to the Estrela Basilica, and leisure time at the nearby Campo de Ourique market. The neighborhood also offers several yoga studios and gyms.
Location: West of the city center, near the Tagus River.
Real Estate: Average rental price of a 2-bedroom apartment is around 1,300 EUR, and a 3-bedroom is around 1,900 EUR. Average purchase price of a 2-bedroom apartment is around 450,000 EUR, and a 3-bedroom is around 650,000 EUR.
Healthcare: Hospital de Egas Moniz is a public hospital in the area. There are also several private clinics.
Where to Eat: A Merendeira offers traditional Portuguese cuisine, while Boi-Cavalo serves innovative dishes in a cozy atmosphere.
Interesting History: The Estrela Basilica is one of the most important religious landmarks in Lisbon.
Volunteer Organizations: The Estrela Garden offers volunteering opportunities in gardening and community events.
Parks: The Estrela Garden is the most popular park in the neighborhood, offering beautiful gardens, a duck pond, and a cafe.
Lapa
Lapa is an upscale and tranquil neighborhood known for its beautiful architecture, embassies, and green spaces. Retirees can enjoy walks in the Jardim da Estrela, visits to the Ancient Art Museum, and leisure time at the nearby Ribeira market. The neighborhood also offers several tennis clubs and gyms.
Location: West of the city center, near the Tagus River.
Real Estate: Average rental price of a 2-bedroom apartment is around 1,500 EUR, and a 3-bedroom is around 2,200 EUR. Average purchase price of a 2-bedroom apartment is around 550,000 EUR, and a 3-bedroom is around 800,000 EUR.
Healthcare: Hospital da Luz is a private hospital in the area. There are also several clinics and health centers.
Where to Eat: A Travessa offers traditional Portuguese cuisine, while O Talho serves delicious steaks in a modern setting.
Interesting History: The Ancient Art Museum is home to an impressive collection of European and Oriental art.
Volunteer Organizations: The Ancient Art Museum offers volunteering opportunities in cultural and educational programs.
Parks: Jardim da Estrela is a popular park with beautiful gardens and a playground.
Principe Real
Principe Real is a trendy and vibrant neighborhood known for its beautiful garden, the Principe Real Garden, and its excellent shopping and dining options. Retirees can enjoy walks in the garden, visits to the Natural History Museum, and leisure time at the nearby Botanical Garden. The neighborhood also offers several yoga studios and gyms.
Location: North of Bairro Alto, near the city center.
Real Estate: Average rental price of a 2-bedroom apartment is around 1,600 EUR, and a 3-bedroom is around 2,300 EUR. Average purchase price of a 2-bedroom apartment is around 550,000 EUR, and a 3-bedroom is around 850,000 EUR.
Healthcare: Hospital de Sao Jose is a public hospital in the area. There are also several private clinics.
Where to Eat: Atelier de Principe Real offers a unique dining experience, while A Cevicheria serves delicious seafood dishes.
Interesting History: The Natural History Museum is home to an impressive collection of minerals, fossils, and animals.
Volunteer Organizations: The Botanical Garden offers volunteering opportunities in gardening and community events.
Parks: The Principe Real Garden is the most popular park in the neighborhood, offering beautiful gardens, a cafe, and a playground.
Saldanha
Saldanha is a modern and well-connected neighborhood known for its excellent shopping and dining options. Retirees can enjoy visits to the Saldanha Residences, a historic building that now serves as a cultural center, and leisure time at the nearby Eduardo VII Park. The neighborhood also offers several gyms and fitness centers.
Location: North of the city center, easily accessible by metro and bus.
Real Estate: Average rental price of a 2-bedroom apartment is around 1,400 EUR, and a 3-bedroom is around 2,000 EUR. Average purchase price of a 2-bedroom apartment is around 450,000 EUR, and a 3-bedroom is around 700,000 EUR.
Healthcare: Hospital CUF is a well-regarded private hospital in the area. There are also several clinics and health centers.
Where to Eat: A Cervicheria offers delicious seafood dishes, while A Merendeira serves traditional Portuguese cuisine.
Interesting History: The Saldanha Residences is a historic building that once served as a residence for the Portuguese nobility.
Volunteer Organizations: The Saldanha Residences offers volunteering opportunities in cultural and community events.
Parks: Eduardo VII Park is a large park with beautiful gardens, a greenhouse, and sports facilities.
Santa Catarina
Santa Catarina is a charming and historic neighborhood known for its beautiful viewpoint, the Miradouro de Santa Catarina, and its excellent dining options. Retirees can enjoy walks along the riverfront, visits to the Pharmacy Museum, and leisure time at the nearby Cais do Sodre market. The neighborhood also offers several yoga studios and gyms.
Location: Central Lisbon, near the Tagus River.
Real Estate: Average rental price of a 2-bedroom apartment is around 1,500 EUR, and a 3-bedroom is around 2,200 EUR. Average purchase price of a 2-bedroom apartment is around 500,000 EUR, and a 3-bedroom is around 800,000 EUR.
Healthcare: Hospital de Sao Jose is a public hospital in the area. There are also several private clinics.
Where to Eat: A Cevicheria offers delicious seafood dishes, while Boi-Cavalo serves innovative dishes in a cozy atmosphere.
Interesting History: The Pharmacy Museum is home to an impressive collection of pharmaceutical artifacts and equipment.
Volunteer Organizations: The Pharmacy Museum offers volunteering opportunities in cultural and educational programs.
Parks: Jardim do Torel is a popular park with beautiful gardens and a playground.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Additional Information:
- Expat Guide to Lisbon
- Healthcare & Health Insurance in Lisbon
- Best Neighborhoods for Families in Lisbon
- Best Neighborhoods for Single People in Lisbon
- Best International Schools and Bilingual Schools in Lisbon
- 7 Weekend Getaways for Digital Nomads Living in Lisbon
- Fun Classes for Expats Living in Lisbon
- Best Bookstores and Libraries in Lisbon
- Public Transportation in Lisbon
- Best Markets in Lisbon
- Retire in Lisbon Guide
- 7 Tips for Living in Lisbon
- Pros & Cons of Living in Lisbon
- Tips for Expats Driving in Lisbon
- Cost of Living in Lisbon
- Health Care in Lisbon
- The Essential Guide to Lisbon
- Lisbon, Portugal
- 5 Tips for Living in Lisbon, Portugal
- 13 Best Neighborhoods in Lisbon - 2026 Update
- Healthcare & Health Insurance in Portugal
- Best Places to Live in Portugal
- Real Estate in Portugal
- Spain vs. Portugal
- What It's Like Living in Lisbon
- Pros and Cons of Living in Portugal 2026
- 2026 Guide to Moving to Portugal
- More Advice about Retiring in Portugal


