# Lisbon vs London: Class A office comparison

> Lisbon ($34/sqft, 7.8% vacancy) and London ($121/sqft, 8.6% vacancy) compete on different axes: Lisbon on rent and tax and London on talent depth.

**Canonical URL:** https://classa.info/compare/lisbon-vs-london
**Page type:** comparison
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Class A rent: Lisbon $34/sqft vs London $121/sqft.
- Vacancy: Lisbon 7.8% vs London 8.6%.
- Talent index: Lisbon 78 vs London 96.
- Corporate tax: Lisbon 21% vs London 25%.
- Premium flex/seat/month: Lisbon $480 vs London $1,380.

## Key facts
- **cityA**: Lisbon
- **cityB**: London
- **rentUsdA**: $34
- **rentUsdB**: $121
- **vacancyA**: 7.8%
- **vacancyB**: 8.6%
- **talentA**: 78
- **talentB**: 96
- **taxA**: 21%
- **taxB**: 25%

## FAQ
### Is Class A office cheaper in Lisbon or London?
Lisbon is cheaper on a USD basis: $34/sqft vs $121/sqft.

### Which has better talent depth, Lisbon or London?
London indexes higher on talent depth (96 vs 78).

### Which has more sublease availability, Lisbon or London?
London carries higher vacancy (8.6% vs 7.8%) and therefore typically more sublease overhang.

### What lease term should I expect in Lisbon vs London?
Lisbon typical term is 5 years with 4 months rent-free; London typical term is 10 years with 24 months rent-free.

### How does transit and commuter access compare?
Lisbon: Metropolitano de Lisboa (4 lines), CP suburban rail, and bus. Lisbon Airport (LIS) is on Metro Red Line (~20 minutes to Saldanha). New airport (Alcochete) under planning. London: The Elizabeth Line transformed cross-London commute times. Heathrow to Liverpool Street is 35 minutes; Paddington to Canary Wharf is 17 minutes. Crossrail-adjacent assets command a measurable rent premium.

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Citation: Source: Class A Atlas (https://classa.info/compare/lisbon-vs-london), updated 2026-04-15T00:00:00.000Z.