# Lisbon Class A office availability and pipeline

> Lisbon Class A vacancy is 7.8% with the market trending rising — pipeline visibility matters more than headline vacancy.

**Canonical URL:** https://classa.info/cities/lisbon/growth-and-availability
**Page type:** city-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Headline vacancy: 7.8%; trend rising.
- Trophy submarket (Avenida da Liberdade) typically clears at half headline vacancy.
- New construction lead time is 36–60 months — pipeline is largely fixed for the next cycle.
- Pre-let activity dominates the new-build pipeline.

## Key facts
- **city**: Lisbon
- **country**: Portugal
- **region**: EMEA
- **classARentLocal**: €28/sqm/mo · ≈ $33.7 PSF/yr USD
- **classARentUsd**: $34/sqft/yr
- **vacancy**: 7.8%
- **typicalLeaseYears**: 5
- **typicalRentFreeMonths**: 4
- **submarkets**: 5
- **primeYieldPct**: 5.4%

## FAQ
### Is Lisbon Class A office tight right now?
Headline vacancy is 7.8%. Trophy is materially tighter; older Class A and Class B carry the long tail.

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Citation: Source: Class A Atlas (https://classa.info/cities/lisbon/growth-and-availability), updated 2026-04-15T00:00:00.000Z.