Living in Parque das Nações, Lisbon (2026)

What does it cost to live in Parque das Nações? The key numbers

What is it like to live in Parque das Nações?

Parque das Nações was built on a former industrial site for the 1998 World Expo, and it is Lisbon's most modern district: landscaped gardens, a riverside promenade, the Oceanário, the Vasco da Gama shopping centre, a large events arena and new apartment blocks with lifts, parking and balconies. It suits families and professionals who want space and safety. It is far from the old centre in feel.

Who is Parque das Nações for?

How much is rent in Parque das Nações in 2026?

We do not publish an asking rent for Parque das Nações. Our readings of idealista disagreed, 18.9 EUR/m2 in one and 20 to 24 in another, so we do not publish one asking figure. The official rent below is solid.

The official figure: the official median rent of new contracts, applied to a 60 m² flat, in the 12 months to June 2026 in the Parque das Nações freguesia (569 new contracts in 2025) was 1,133 EUR a month, or 18.9 EUR per square metre (INE, Statistics Portugal, 12 months to June 2026, Parque das Nações freguesia), the 8th highest of the 19 places we compare. It counts what was signed over the 12 months, not what is advertised today.

A room in a shared flat costs about 550 EUR a month across Lisbon (idealista room-rental report, Q2 2026).

Is rent capped in Parque das Nações?

Partly. Portugal has no rent control zones and no rent index: for a flat that has not been let in the last five years, the landlord can ask any starting rent in Lisbon.

For a flat that was let under a contract in the previous five years, the Mais Habitação law (Lei 56/2023) says the new rent cannot be more than the last rent plus 2%, plus any yearly updates the last contract left unused, but only where the last rent was above the state's Arrendamento Acessível ceiling for that kind of flat; below that ceiling the rent can be agreed freely. That limit is written to run to the end of 2029, but a Government bill that Parliament passed in principle on 30 September 2026 would scrap it for new contracts, and it is not law yet. 56% for 2027.

How much does it cost to buy in Parque das Nações?

Homes in Parque das Nações sold at a median of 6,407 EUR per square metre (INE median sale price, 12 months to March 2026), the 2nd most expensive of the 19 places we compare. On the same benchmark sizes:

• One bedroom, 60 m²: 346,000 to 423,000 EUR
• Three bedrooms, 100 m²: 577,000 to 705,000 EUR

That figure covers the Parque das Nações freguesia.

What do you pay on top of the price when buying in Parque das Nações?

Budget roughly 6.8% to 7.1% on top of the price. On a typical 641,000 EUR three-bedroom flat in Parque das Nações that is about 43,000 EUR of IMT and stamp duty (0.8%) plus 1,200 to 2,900 EUR in fees, before any mortgage.

Buying a home in Portugal carries two taxes, both paid before you sign the deed: IMT (Imposto Municipal sobre as Transmissões, the transfer tax) and stamp duty (Imposto do Selo) of 0.8% of the price. IMT depends on the price and on what the home is for. For a home you will live in permanently, 2026 IMT is zero up to 106,346 EUR, then 2% (to 145,470), 5% (to 198,347), 7% (to 330,539) and 8% (to 660,982), each worked out with a fixed amount deducted; from 660,982 to 1,150,853 EUR it is a flat 6% of the whole price, and above that a flat 7.5%. A second home or an investment follows a steeper table that starts at 1%. Buyers aged 35 or under who buy a permanent home pay no IMT or stamp duty up to 330,539 EUR (IMT Jovem), and the normal rates only on the part above it, up to 660,982 EUR.

Non-residents pay more. Since 25 May 2026, a buyer who is not a Portuguese tax resident pays a flat 7.5% IMT on a home from the first euro, with no exemptions, unless they were resident in Portugal at some earlier time. On 600,000 EUR that is 45,000 EUR of IMT, against about 34,200 EUR on the permanent-home table. The difference can be claimed back if you become a Portuguese tax resident within two years of buying, or let the home on the decree's affordable-rent terms. The worked examples below use the permanent-home table, which is what a resident, or someone about to become one, pays (Autoridade Tributária, Lei 73-A/2025 and Decreto-Lei 97/2026, checked October 2026). On top come the Casa Pronta deed-and-registration fee, 375 EUR for a cash purchase and 700 EUR with a mortgage, and a lawyer if you hire one.

On a 641,000 EUR three-bedroom flat in Parque das Nações, the middle of the band above:

• IMT and stamp duty (0.8%): about 43,000 EUR
• Casa Pronta deed and registration, and a lawyer if you hire one: roughly 1,200 to 2,900 EUR
• Buying outright: about 685,000 EUR in total
• With a non-resident mortgage at 70%: about 239,000 EUR of your own money

So the costs on top come to roughly 6.8% to 7.1% of the price. Non-resident lenders generally lend 60–70% of value.

IMT and stamp duty are paid before you sign the deed, with the payment slips from the Portal das Finanças or at the Casa Pronta counter, not afterwards. Rates checked October 2026. This is market information and not tax, legal or financial advice. Confirm anything here with a lawyer before you sign.

How do you get around from Parque das Nações?

Parque das Nações is served by the Oriente station, where the Red line meets CP and long-distance trains and the bus terminal. The Red line takes you to Alameda and the Green line, and Rossio is 20 to 25 minutes away with one change. The airport is a few stops the other way.

Not really. Parque das Nações is workable without a car for everyday life, though you will notice the ride into the centre more than in the Baixa.

Is Parque das Nações good for families?

Yes. Parque das Nações is one of the areas families actually choose. Green space: plenty of green space. Noise: calm most of the time.

International schools nearby: United Lisbon International School.

Can you live in Parque das Nações in English?

Easily. Parque das Nações has one of the largest international populations in Lisbon and you will hear English every day. Bureaucracy and contracts still run in Portuguese.

How does Parque das Nações compare with Avenidas Novas, Arroios or Alvalade?

The residential belt north and east of the centre, on the metro: more practical than picturesque, and cheaper per square metre than the old town.

Asking rent: idealista price report, June 2026, freguesia averages inside the city; for the towns the latest month we could read, named on each town's page. Official rent: INE, Statistics Portugal, 12 months to June 2026, by freguesia and municipality. Sale: INE median sale price, 12 months to March 2026. Minutes: our estimate, door to Rossio by public transport. Exact source and date for each figure are on each area's page.

Parque das Nações or Avenidas Novas?

Avenidas Novas is central, office-oriented and on the main metro lines; Parque das Nações is a modern riverside district with more space, more green and parking and the airport near, but far from the old city. Both are around 6,000 to 6,400 EUR/m2 to buy. Living in Avenidas Novas →

Parque das Nações or Arroios?

Opposite in character. Arroios is old, mixed and central; Parque das Nações is new, planned and far from the old centre, with a lot more space, parking and international schools, and at a much higher price to buy. Living in Arroios →

Parque das Nações or Alvalade?

Alvalade is a settled 1940s neighbourhood with a local feel; Parque das Nações is a modern waterfront district with new buildings, parking and international schools, at a higher price (6,407 EUR/m2 against 5,041). Living in Alvalade →

What should you know before moving to Parque das Nações?

• The median sale price was 6,407 EUR/m2 in the 12 months to March 2026, up 22.6% on a year earlier, the steepest rise among the Lisbon freguesias on these pages. (INE)
• The district was built for the 1998 World Expo, and the Gare do Oriente station links the Red line, CP, long-distance trains and buses. (Câmara Municipal de Lisboa)
• The median rent of new contracts was 18.88 EUR/m2 in the 12 months to June 2026, from 569 new contracts in 2025, well above Alvalade and Arroios. (INE)

How does Parque das Nações rate on noise, transport, space and the rest?

The same twelve measures on all 19 Lisbon pages, so two can be read side by side. Our own ratings, not official statistics.

Where can you read news about Parque das Nações in English?

Lisbon Expat Daily summarises Lisbon's local press in English every day: rent rules, transport changes, works and closures, and what is on in each bairro. Read today's edition, or get it by email for free below.

Where to go next