The South Bank of the Tagus River, in the Lisbon Metropolitan Area, is quickly becoming one of Portugal’s most sought-after destinations for prime real estate. Buyers are increasingly drawn to the area’s unique combination of larger properties, privacy, and natural beauty, all within easy reach of Lisbon.
Recent data from RE/MAX Collection reveals that in the first half of 2025, the Setúbal district recorded 244 premium property transactions worth over 83 million euros. While most buyers are Portuguese (75%), the South Bank’s appeal is going global, with buyers from 18 nationalities—especially Germans and North Americans—investing in the region.
Experts say that the area’s rise isn’t just about more competitive pricing, but also the excellent quality of life, quick access to the capital, and the variety of residential options available. Hotspots like Comporta, a favorite among international buyers, Tróia with its luxury resorts, and the picturesque villages of Azeitão and Serra da Arrábida—famous for their wine and cuisine—are especially popular.
Compared to established luxury markets such as Cascais or Sintra, the South Bank offers a more relaxed vibe, bigger plots, and better value, attracting both investors and families seeking a laid-back lifestyle.
Looking ahead, major infrastructure projects, including the new Alcochete airport set for 2036, are expected to further boost the region’s attractiveness and property values.
With all these factors in play, the South Bank is rapidly establishing itself as a prime real estate market in Portugal, and industry leaders like RE/MAX Collection plan to further expand their presence in this promising region.
