This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
3-bedroom, 2-bathroom apartment of 400 m², energy rating D. Located Santa Maria Maior parish, Lisbon municipality, Lisbon district. This spacious apartment retains unique industrial elements from its past, such as metal stairs and a lift, within an authentic historic building near São Jorge Castle.
The valuation. The asking price of €450,000 is significantly above fair value, which sits at €164,885, making it overpriced by €285,115 or 63.4%.
Long-term rental The property is overpriced at €450,000 compared to its fair value of €164,885, indicating a significant gap of 63.4%. This pricing diminishes the potential yield of 18.4% gross, suggesting that long-term rental may not be a viable strategy. Short-term vacation rental Given its price of €450,000, which far exceeds the fair value of €164,885, the property is 63.4% overpriced. High pricing undermines the viability of generating profitable returns from short-term vacation rentals in this market. Buy-and-hold With the current listing at €450,000, translating to a 63.4% deviation from the fair value of €164,885, the property is clearly overpriced. This inflated cost poses a risk for the buy-and-hold strategy, as expected appreciation may not justify the initial investment. Not ideal for student housing The property, overpriced at €450,000 versus a fair value of €164,885, makes it ill-suited for student housing. With a low condition rating of 24/100, it lacks the appeal necessary for this demographic despite the central location. Not ideal for value-add renovation At €450,000, the property is overpriced relative to its fair value of €164,885, deterring potential value-add renovation strategies. Its condition score of 24/100 indicates significant work would be required, which is not justified by the current market pricing.
Tenant turnover risk The tenant stability score of 65/100 suggests a moderate level of risk regarding potential vacancies or tenant turnover, which could impact rental income stability.