Real estate and infrastructure occupiers in Lisbon typically cluster in Avenida da Liberdade, plan ~215 sqft per seat at high-end fit-out ($115–175/sqft), and pay around 28 EUR/sqft ($34 USD) on Class A.

• Preferred submarket: Avenida da Liberdade.
• Typical fit-out spec: High-end ($115–175/sqft).
• Plan ~215 sqft per seat for headcount sizing.
• Class A rent context: 28 EUR/sqft ($34 USD).
• Typical lease: 5 years with 4 months rent-free.
• Talent depth in Lisbon: 78/100.

TL;DR

• Preferred submarket: Avenida da Liberdade.
• Typical fit-out spec: High-end ($115–175/sqft).
• Plan ~215 sqft per seat for headcount sizing.
• Class A rent context: 28 EUR/sqft ($34 USD).
• Typical lease: 5 years with 4 months rent-free.
• Talent depth in Lisbon: 78/100.

Where they cluster

Real estate and infrastructure occupiers in Lisbon typically anchor in Avenida da Liberdade. Banking, law, professional services, luxury HQs.

What they pay

Class A rent in Lisbon runs 28 EUR/sqft ($34 USD) on a 5-year lease with 4 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical real estate and infrastructure fit-out targets high-end specification at $115–175/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.

Headcount sizing

Plan around 215 sqft per seat blended (workstation + circulation + amenity). A 100-headcount real estate office in Lisbon typically targets 21,500 sqft of leasable area.

Talent angle

Sponsor and asset-management teams favor trophy CBD addresses with proximity to investment-banking and law-firm tenancy. Deep tech, BPO, and creative talent. Strong feed from Universidade de Lisboa, Universidade Nova, and ISCTE. English-fluent professional base supports international corporate HQs.

Tax and lease context

Headline corporate tax: 21%. Net leases. 5-year terms with optional renewal standard. Free rent of 3-5 months and TI of €50-€90/sqm typical.

Key facts

Frequently asked questions

Where do real estate and infrastructure occupiers lease office space in Lisbon?

Most cluster in Avenida da Liberdade. Rent runs ~28 EUR/sqft ($34 USD) for trophy and prime stock.

What fit-out spec do real estate and infrastructure occupiers run in Lisbon?

Typically high-end at $115–175/sqft.

How much office space per seat should a real estate and infrastructure occupier plan in Lisbon?

Plan ~215 sqft per seat blended. A 100-person team typically takes 21,500 sqft.

What NAICS codes describe the real estate and infrastructure vertical?

Representative NAICS 2022 codes: 531, 237.

What is the talent index in Lisbon?

78/100. Use the city profile for full detail.

Related

• Real estate and infrastructure — global overview
• Lisbon — full city profile
• Financial services in Lisbon
• Asset management in Lisbon
• Investment banking in Lisbon
• Legal services in Lisbon

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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• Cross-border Expansion — How to run a coordinated Class A office search across multiple geographies.
• Fit-out Capex — How to budget, sequence, and govern Class A office fit-out capex.
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