Few places in Lisbon capture the city’s cosmopolitan and elegant spirit as seamlessly as Príncipe Real. Nestled between Bairro Alto and Avenida da Liberdade, this neighborhood offers easy access to Lisbon’s key areas, including Chiado and Baixa. Beyond being a prestigious address, Príncipe Real balances its 19th-century mansions with modern touches such as concept stores, award-winning restaurants, art galleries, and a blend of traditional residents and a growing international community redefining Lisbon. It’s no surprise that in recent years, Príncipe Real has consistently ranked among the world’s top 10 “coolest” neighborhoods, according to Time Out.

While the neighborhood is renowned for its sophisticated atmosphere and cultural and culinary highlights, it remains predominantly residential. Shops and restaurants are concentrated around Rua Dom Pedro V and the Praça do Príncipe Real.

The charm of Príncipe Real lies in this balance: it doesn’t have the bustling tourist and commercial activity of Chiado or Bairro Alto but instead offers a serene residential vibe with a cosmopolitan flair. This makes it especially appealing to those seeking a quieter lifestyle while still enjoying access to excellent restaurants, exclusive shops, and cultural spaces, solidifying its reputation as one of Lisbon’s most desirable neighborhoods.

Príncipe Real: One of Lisbon’s Trendiest Neighborhoods

Where is Príncipe Real?

Príncipe Real is perched atop one of Lisbon’s seven hills, São Roque Hill, located between Bairro Alto and Avenida da Liberdade. It also borders strategic areas such as Estrela, Largo do Rato, and Avenida da Liberdade.

By car, you can reach destinations like Amoreiras Shopping Center (6 minutes), Campo de Ourique (9 minutes), and Chiado (7 minutes). Even areas further afield, such as Belém and Cascais, are just 16 and 31 minutes away, respectively.

Access to the neighborhood is simple, with multiple public transport options, including the Rato metro station and various bus lines. For those who enjoy walking, you can easily reach Príncipe Real from Chiado or Bairro Alto, taking in picturesque streets and stunning views along the way.

For a classic Lisbon experience, the Glória Funicular connects Príncipe Real with Bairro Alto and Baixa. The funicular ends at the São Pedro de Alcântara viewpoint, offering a charming ride and spectacular city views.

D. Pedro V: The Prince Behind the Name

Príncipe Real is named in honor of D. Pedro V, who became king at the age of 16 after the death of his father, D. Fernando II. Widely loved for his courageous actions, such as visiting hospitals during epidemics and comforting patients, D. Pedro V earned the nicknames “The Beloved” and “The Hopeful.” His innovative measures, like installing a suggestion box at Palácio da Ajuda for public grievances, solidified his legacy as a progressive and empathetic leader.

The neighborhood’s development is closely tied to Lisbon’s 19th-century urban expansion, during which Príncipe Real became a noble district. Its elegant mansions, tree-lined streets, and gardens made it a magnet for Lisbon’s elite, establishing it as one of the capital’s most charming areas.

The Four Streets That Define the Neighborhood

The heart of Príncipe Real is the Praça do Príncipe Real, home to the Jardim do Príncipe Real. However, the neighborhood’s main axis is a continuous street that changes names as it passes through, connecting its key attractions.

The route begins at Rua de São Pedro de Alcântara, featuring the famous São Pedro de Alcântara viewpoint with breathtaking views over Lisbon. It then transitions into Rua Dom Pedro V, leading to the Praça do Príncipe Real and its iconic garden. Beyond the square, the street becomes Rua da Escola Politécnica, extending to the neighborhood’s borders.

This continuous stretch hosts the area’s most notable shops, restaurants, bars, and cafés.

Jardim do Príncipe Real: The Green Heart of the Neighborhood

Jardim do Príncipe Real is a tranquil green space in the heart of the neighborhood, featuring the iconic Buçaco cedar tree. Perfect for relaxation, reading, or enjoying the serene atmosphere, the garden also hosts regular events such as an antiques fair on the last Saturday and Monday of each month and an organic market reflecting the city’s growing interest in healthy, sustainable living.

São Pedro de Alcântara Viewpoint and Glória Funicular

Lisbon’s viewpoints are iconic, and São Pedro de Alcântara is one of the most charming. Offering panoramic views of São Jorge Castle, Baixa, and the Tagus River, this spot is divided into two levels. The upper level features paved walkways, benches, a kiosk, and tile panels identifying visible landmarks. The lower level is a French-style garden with geometric flowerbeds, a fountain, and statues of historical and mythological figures.

As mentioned earlier, the Glória Funicular connects Praça dos Restauradores in Baixa to São Pedro de Alcântara. Beyond its functionality, it’s a must-try for anyone seeking an authentic Lisbon experience while ascending or descending the steep Calçada da Glória.

Gloria Elevator

The Best Restaurants in Príncipe Real

Príncipe Real boasts a vibrant dining scene, with highlights including:

  • A Cevicheria: Known for its innovative cuisine and lively ambiance.
  • Faz Frio: A traditional Portuguese restaurant offering authentic dishes.
  • Tapisco: A fusion of Spanish tapas and Portuguese petiscos.
  • The Insólito: Perfect for special occasions with a rooftop view.
  • Gin Lovers: A must-visit for gin enthusiasts, offering over 60 brands.

Shopping in Príncipe Real

For fashion, design, and culture enthusiasts, Príncipe Real is a shopping paradise. The Embaixada, a 19th-century palace turned commercial gallery, features Portuguese and international designer shops, restaurants, and cultural spaces. The area is also renowned for antique shops, art galleries, and luxury boutiques, offering a sophisticated and unique shopping experience.

Embaixada Príncipe Real

Real Estate Market in Príncipe Real

Príncipe Real’s real estate market is among Lisbon’s most sought-after. With 19th-century mansions, historic apartments, and modern projects that respect traditional architecture, the neighborhood is a prime location for property investment. High demand, driven by its location and international interest, makes Príncipe Real a smart choice for those seeking both lifestyle quality and property appreciation.

About CAP International

CAP International is a global real estate agency specializing in Portugal. Whether you’re looking to live or invest, CAP International combines local expertise with an exclusive portfolio, ensuring access to the best opportunities in Príncipe Real and other prestigious Lisbon neighborhoods. Contact us today via WhatsApp at +351 91 252 9806 (Bruna Barros).