Lisbon Sale Market: Flats with the Deepest Price Cuts (Sep 2025)
September 2025 shows cracks in Lisbon’s housing stronghold: even in sales, some owners revised expectations and cut prices in notable cases.
Lisbon’s sale market in September 2025 is marked by stability with marginal corrections. While the rental market can show dramatic 30–40% drops, sales listings mostly reflect minor cosmetic adjustments. For buyers, serious bargains are rare — but attentive watchers may still find negotiation room in the 10–20% range.
Headline Numbers
- 18 392 unique active flats were listed for sale in Lisbon district during September 2025.
- Out of these, 673 flats (≈3.7%) lowered their asking prices.
- Most adjustments were minor, but a handful of cases stand out with cuts around 20%.
Key Insights
- Cosmetic tweaks dominate. More than 87% of all reductions stayed under 10%, suggesting most sellers adjust ads only slightly to refresh visibility.
- True discounts are rare. Only ~12% of reductions went beyond 10%.
- No extreme slashes. Unlike the rental market, there were no cuts of 30% or more.
Top Cases
| Title | Location | Beds | First Price (Sep) | Latest Price (Sep) | Price Change |
|---|---|---|---|---|---|
| T5 flat for sale in Travessa António Francisco | Maceira, Torres Vedras | 5 | €695,000 | €550,000 | −20.86% |
| T0 studio flat for sale in Largo do Rato - Estrela | Largo do Rato - Estrela, Lisboa | 0 | €365,000 | €290,000 | −20.55% |
| T1 flat for sale in Rua de Palha Blanco, 73 | Castanheira do Ribatejo e Cachoeiras, Vila Franca de Xira | 1 | €125,000 | €100,000 | −20.00% |
| T2 flat for sale in Rua da Fé, 64 | Campo de Santana - Santa Marta, Lisboa | 2 | €1,200,000 | €970,000 | −19.17% |
| T1 flat for sale in Rua de Belém | Belém, Lisboa | 1 | €550,000 | €450,000 | −18.18% |
See the biggest sale-side price cuts
Explore price dropsEven though these reductions of around 20% are eye-catching, they represent only the most visible edge of the market.
To see the broader picture, we need to look at how all active flats for sale in Lisbon district moved in September — from tiny cosmetic drops under 5% to the rare, but still present, 20%+ corrections.
Distribution of All Price Decreases (Sep 2025)
| Price Decrease Bucket | Count | Share of Total |
|---|---|---|
| 0–4.99% | 339 | 50.37% |
| 5–9.99% | 251 | 37.30% |
| 10–14.9% | 58 | 8.62% |
| 15–19.9% | 17 | 2.53% |
| 20–29.9% | 8 | 1.19% |
| 30%+ | 0 | 0.00% |
Explore the full distribution of discounts
Distribution by drop bucketsWhat It Means for Buyers
- Small nudges dominate. Most sellers cut only a few percent.
- Negotiation opportunities exist, but are limited. The rare 10–20% drops highlight more motivated sellers.
- No panic selling. The absence of 30%+ cuts underlines that Lisbon remains a seller’s market.
Explore Lisbon sale-side price cuts.
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