The calm, picturesque neighborhood of Alcântara, next to the River Tejo, is an excellent option for foreign buyers. Close to the city center, but without the high levels of tourists and the hustle and bustle, you have the best of both worlds – the perks of living in a vibrant cosmopolitan capital with the calmness that the neighborhood provides. Alongside this, the house prices are a little lower in this part of town, but the district has been greatly improved in recent years due to the growth of businesses in the area. As a result, this is one of the best places in Lisbon for a high quality of life. In this Alcântara real estate guide, we’ll provide you with all you need to know about buying property in this neighborhood of Lisbon. 


Buying a House in Alcântara

Although Alcântara may not be as famous as some other neighborhoods – Alfama or Principe Real – it boasts some of the best views in Lisbon of the Tejo River. What’s more, it is home to some of the most innovative bars, exciting restaurants, and typical cafes. Both locals and foreigners live in the neighborhood, creating a vibrant cultural mix. 


Why buy a house in Alcântara?

As we’ve just mentioned, Alcântara is a great place to buy property, providing a very good quality of life for people who live in the neighborhood. In this section of our Alcântara Real Estate Guide, we’ll provide you with some further benefits to choosing this part of the city. 


Alcântara is just 25 minutes by car from Lisbon International Airport, making it easy for those who have to travel often to get around, whether it is for work or leisure purposes. Public transportation is also an easy option to get around, with convenient links to downtown Lisbon and Cascais. 

Hospitals are conveniently located, and international schools are close at hand or a short commute away, so you should have all the amenities that you need in the neighborhood. 


There are a lot of different people from different walks of life in Alcântara. Students, designers, families, you name it. And this vibrant mix of people has helped to create one of the most exciting and trendy places in the city. People head from central Lisbon to Alcântara to soak in some of this vibe. In the neighborhood, there are warehouses and factories that have been turned into some of the city’s coolest restaurants, bars, and shops. If you live in Alcântara, the neighborhood will keep you on your toes as there is always something new to see and do every day. 


What to Look for When Purchasing Real Estate in Alcantâra

There’s a lot to think about when purchasing property, particularly in a different country. In this part of our Alcântara real estate guide, we’ll delve into some of the most important things to look out for when buying property in Alcântara.

Plan well

When deciding on an area, you should think about what you want to get out of living there. A place to start a family, a place to work, a place to spend your vacations? Do you intend to buy an apartment in a specific neighborhood? Do you have everything that you need close at hand? Where is the nearest shop? Perhaps make a list of necessities and things that are “nice to have” so that you are not frustrated later on when you find that the closest park is quite far away. 


It is extremely difficult to purchase property abroad, and to streamline the process and keep everything simple; we recommended working with qualified professionals. An estate agent and lawyer will ensure that you get the best property for the best price and help reduce the stress of relocating. A buyer’s agent, such as Goldcrest, will be able to provide you with crucial information every step of the way, from finding the perfect neighborhood for you to property acquisition. 


Before you make any decision regarding the property that you have your eye on, make sure you take a step back and look carefully at each of the elements of the property. Legal, tax, and inheritance issues can be difficult to understand, particularly when buying property in a different country and if you do not speak the language. We recommended speaking with experienced professionals who will be able to provide you with solid guidance. 


Things to Do in Alcântara

Whether it’s taking a stroll by the river or heading to your favorite cafe, there is much to do in Alcântara. In this part of our Alcântara real estate guide, we’ll delve into some of our favorite things to do in the neighborhood. 

  • Visit LX Factory, where you can find exceptional restaurants, bars, and boutique shops in a fabulously trendy part of town. This is a historical industrial complex that is home to an array of arty retailers and has become a must-visit.
  • Two of the best museums can be found in Alcântara,  Museu da Carris and Museu do Oriente, so be sure to pay them a visit!
  • Enjoy the spectacular views of the Ponte 25 de Abril bridge. 

Property specialists

Looking to Secure Your Dream Property in Portugal? Get in touch with our real estate division, Goldcrest Real Estate - Portugal´s buyer's agent, to kickstart your property search in Portugal.

As the first buyer’s agent in Portugal, Goldcrest has a clear understanding of the local market and has helped hundreds of people find their ideal property.

Working solely on behalf of the buyer, they secure the best price for you, saving you time and hassle.

Useful resources

The following articles may be useful to you: 

Exploring Visa and Immigration Options for Portugal

If you're considering making the move to Portugal, it's essential to be informed about the various visa and residency options available. The Golden Visa Portugal program is an attractive option for many, offering residency to investors and their families. For those eyeing retirement in this beautiful country, the Retirement Visa (D7) is tailored for you. Digital nomads can take advantage of both short and long stay options with the Nomad Visa (D8). Meanwhile, the NHR - Non Habitual Tax regime provides significant tax benefits for new residents. 

For the entrepreneurial spirit, Portugal offers the Entrepreneurship/startup Visa (D2) - Start-up Visa (open company) tailored for those looking to establish their businesses in the country. Those with specialized skills can explore the Work visa for highly qualified employees (D3). Additionally, if you have Portuguese ancestry, you might be eligible for Citizenship by descent

However, moving to a new country isn't just about visas. If you're thinking of buying property, our guide on Buying Property in Portugal can offer invaluable insights. Dive deeper into the immigration process with our comprehensive Portugal immigration guide. For Americans specifically looking to relocate, we have curated information on Americans moving to Portugal. Lastly, one can't forget the importance of the NIF (Tax Registration Number), a crucial step in any relocation process.