Lisbon is the capital city of Portugal, located in the Lisbon region along the banks of the Tagus River. The city sits on hilly terrain at an elevation of 100 metres and is served by Humberto Delgado Airport. As the national capital, it is the country's primary administrative centre and a major educational hub, home to institutions such as the Catholic University of Portugal, NOVA University Lisbon, and the Polytechnic University of Lisbon.
Property in Lisbon is expensive, with prices sitting well above the national average. The housing stock is distributed across several distinct districts, with the central historic parish of Santa Maria Maior holding the largest share of homes, followed closely by Arroios. Prices vary significantly between these neighbourhoods. Estrela is by far the most expensive district in the city, with prices that dwarf those in the more affordable eastern area of São Vicente. Other premium residential areas include Avenidas Novas and Santo António, which command much higher prices than the central hub of Santa Maria Maior.