Alfragide, a prominent parish in Amadora, has secured its position as the most expensive neighborhood in the municipality. With property prices surpassing those in neighboring areas, Alfragide is a prime location for homebuyers and investors alike.
Current Property Prices in Alfragide
According to the latest data:
- Apartments: €3,326 per square meter
- Houses: €3,913 per square meter
These figures represent a slight decline of 1% for apartments and 4% for houses compared to the previous month, indicating a minor market adjustment.
Comparing Alfragide to Amadora’s Average Prices
Alfragide’s property prices are significantly higher than Amadora’s overall averages:
- Amadora Average (Apartments): €3,079 per square meter
- Amadora Average (Houses): €2,967 per square meter
This price gap underscores Alfragide’s premium status within the municipality.
Example Listings in Alfragide
Here are a few properties currently on the market:
- 2-Bedroom Apartment (77 m²): €220,000 (€2,857/m²)
- 2-Bedroom Apartment (88 m²): €295,000 (€3,352/m²)
Why Is Alfragide So Expensive?
Several key factors contribute to Alfragide’s high property values:
- Proximity to Lisbon – Quick access to the capital makes it a desirable location for professionals.
- Infrastructure & Amenities – The area features modern shopping centers, top schools, and recreational spaces.
- Residential Appeal – A balance of urban convenience and suburban tranquility attracts families and investors.
Conclusion
Alfragide’s high property prices reflect its desirability as a premium residential area in Amadora. With its strategic location, strong infrastructure, and high quality of life, it remains a sought-after neighborhood for those looking to invest in Portugal’s real estate market.
🚀 Thinking about investing in Alfragide? Explore current listings and market trends to make an informed decision.
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