Serviced office in Lisbon (2026): what it is, what it costs and how to compare
Updated October 2026.
Looking for a serviced office in Lisbon, that is, a furnished office with running costs and services included, ready to move into? This guide explains what it is, what the price should include and how to compare offers without surprises. We use Giraldo Works, on Rua Castilho next to Avenida da Liberdade, as an example of prices and services.
In short
- A serviced office is a private, furnished office with running costs and services included in one monthly fee.
- To compare offers, check whether the price is per person or per office, per month or per day, and whether it includes VAT.
- At Giraldo Works, a private office costs from €160/person/month + VAT, for teams of 1 to 30 people, with no sign-up fee.
What is a serviced office?
A serviced office is a private, furnished and equipped office in a building run by an operator who takes care of everything else: electricity, water, internet, cleaning, security and reception. You pay a monthly fee, usually per person, and can start working without a fit-out, without buying furniture and without a long lease. It is the alternative to a traditional lease for small and medium-sized teams.
What the price should include
| What to check | Why it matters | Example at Giraldo Works |
|---|---|---|
| Price format | Per person or per office, per month or per day, with or without VAT | From €160/person/month + VAT |
| Running costs | Electricity, water, internet and cleaning change the final cost a lot | Included |
| Furniture | Avoids the upfront investment | Standard furniture included |
| Meeting rooms | To meet clients without unexpected extra costs | Shared meeting room |
| Access | Teams with different hours | 24/7 access |
| Company address | No need for a separate service | Included |
| Sign-up fee | An entry cost often left out of comparisons | €0 |
| Contract | Freedom to grow or downsize | Flexible contract |
Giraldo Works prices in October 2026, per month, plus VAT at the applicable rate.
A furnished private office with running costs included, next to Avenida da Liberdade.
Example: a serviced office on Rua Castilho
Giraldo Works is at Rua Castilho 14C, 5th floor, next to Avenida da Liberdade and Marquês de Pombal. A private office costs from €160/person/month + VAT and includes:
- a furnished office, ready to use, for teams of 1 to 30 people;
- electricity, water, fast internet and cleaning;
- a shared meeting room;
- 24/7 access;
- a company address, with no need for a virtual office plan;
- a flexible contract and a €0 sign-up fee.
Reception is open Monday to Friday, 9am to 6pm. There are six solutions in the same building: virtual office from €20/month + VAT, coworking from €160/month + VAT, meeting rooms from €8/hour + VAT and, for larger teams, the office suite (20 to 100 people, from €200/person/month + VAT) and the full floor office (more than 100 people, from €225/person/month + VAT). More than 250 companies already trust Giraldo Works.
Serviced office, coworking or a lease?
- Serviced office: a closed room just for your team, with running costs and services in one monthly fee.
- Coworking: a desk in a shared space. At Giraldo Works, from €160/month + VAT, on a monthly contract.
- Traditional lease: you pay the rent plus, separately, the fit-out, furniture, running costs and services. We ran the numbers in private office in Lisbon: what it costs vs a traditional lease.
How to compare serviced office offers in Lisbon
- Compare like with like: per person or per office, per month or per day, with or without VAT.
- Add up every cost: sign-up fee, running costs, cleaning and meeting-room hours.
- Check what is included: reception, out-of-hours access, furniture and a company address.
- Choose the location with your clients and team in mind. We compare the areas in our guide to the best areas for office space in Lisbon.
- Think about growth: check whether you can move to a bigger office in the same building.
- Visit the space before you decide.
For more criteria, read how to choose a serviced office: 5 key factors.
Frequently asked questions
What is a serviced office?
It is a private, furnished and equipped office in a building run by an operator, with running costs and services such as internet, cleaning and reception included in the price. You pay a monthly fee and start working without a fit-out or furniture.
How much does a serviced office cost in Lisbon?
It depends on the location, the size of your team and what is included. At Giraldo Works, on Rua Castilho, a private office costs from €160/person/month + VAT, for teams of 1 to 30 people, with no sign-up fee.
What should the price include?
Check whether it includes running costs (electricity, water, internet and cleaning), furniture, meeting rooms, out-of-hours access and a company address, and whether there is a sign-up fee.
What is the difference between a serviced office and coworking?
With a serviced office, your team has a closed room of its own. With coworking, you work at a desk in a shared space. At Giraldo Works, a private office costs from €160/person/month + VAT and coworking from €160/month + VAT.
What if my team is bigger?
At Giraldo Works, the office suite is for teams of 20 to 100 people, from €200/person/month + VAT, and the full floor office for more than 100 people, from €225/person/month + VAT.
Private office next to Avenida da Liberdade
From €160/person/month + VAT, furnished and with running costs included, on Rua Castilho. No sign-up fee.
