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.
1-bedroom, 1-bathroom studio of 36 m², energy rating C. Located on largo de Santos-o-Velho, Estrela parish, Lisbon municipality, Lisbon district. Noteworthy Features: This newly renovated studio showcases a stylish open layout that maximizes natural light, seamlessly integrating the modern kitchen with the living space for optimal convenience and comfort.
The valuation. The asking price of €199,000 is significantly above the fair value of €163,847, marking a difference of €35,153 (17.7%). This property is considered overpriced. Buy-to-flip angle. A resale strategy could leverage the high-quality design to attract buyers, although renovations are unlikely to yield substantial profit given the current premium price. Buy-to-let angle. With an estimated gross yield of 5.8%, the monthly rental income of approximately €962 positions this property well for long-term rental, despite being overpriced initially.
Fair value modelled at €163,847 from the area baseline, adjusted for condition and location. Asking €199,000 sits €35,153 (17.7%) above — overpriced versus fair value.
Asking €199,000 versus the largo de Santos-o-Velho area baseline of €141,768 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 88 · Materials 82 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 81/100 (Housing Market 90 · Amenities 80 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
largo de Santos-o-Velho
Area baseline €141,768 + condition +€4,500 + location +€17,579 = modelled fair value of €163,847 (€4,551/m²), a €35,153 (17.7%) gap versus the €199,000 asking price.
Long-term rental The property in Estrela, listed at €199,000, shows a considerable gap of 17.7% from its fair value of €163,847, indicating it is overpriced for long-term rental purposes. With a gross yield of 5.8%, the investment may not offer the optimal return compared to similar properties in the area. Short-term vacation rental Though short-term vacation rentals in Lisbon can be lucrative, the current listing price suggests this studio is overpriced by 17.7% against its fair value. The potential for rental income does not justify the inflated price point, diminishing the attractiveness of this investment strategy. Buy-and-hold Investing in this 1-bed studio as a buy-and-hold strategy appears unwise given the 17.7% overvaluation compared to the fair value of €163,847. The expected returns are unlikely to compensate for the premium paid, making this a less favorable option in the current market landscape.
Tenant turnover risk With a tenant stability score of 70/100, there is a higher likelihood of tenant turnover, which may result in increased vacancy periods and associated costs.
