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.
2-bedroom, 2-bathroom apartment of 84 m², built in 1950. Located Misericórdia parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment includes a private balcony, enhancing outdoor living space and views in the heart of Lisbon, and is located in a traditionally styled building with modernized infrastructure.
The valuation. The asking price of €585,000 is significantly above the calculated fair value of €381,654, creating a premium of €203,346 (34.8%). This property is notably overpriced in the current market. Buy-to-flip angle. A buy-to-flip strategy could be executed by purchasing the property, renovating it to enhance appeal, and subsequently listing it for resale. However, given the high asking price, the profit margins may be limited. Buy-to-let angle. The estimated rental income of €1,658 per month presents a gross yield of 3.4%, appealing for long-term holding. This yield may not justify the current asking price, particularly in a competitive rental market.
Fair value modelled at €381,654 from the area baseline, adjusted for condition and location. Asking €585,000 sits €203,346 (34.8%) above — overpriced versus fair value.
Asking €585,000 versus the Misericórdia, Lisbon, Lisbon area baseline of €330,792 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 78 · Materials 85 · Room dimensions 80). 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 75). Strong amenities and housing-market momentum support a premium to baseline.
Misericórdia, Lisbon, Lisbon
Area baseline €330,792 + condition +€9,844 + location +€41,018 = modelled fair value of €381,654 (€4,543/m²), a €203,346 (34.8%) gap versus the €585,000 asking price.
Long-term rental Despite its central location in Lisbon, the apartment is overpriced at €585,000, significantly exceeding the fair value of €381,654. The gross yield of 3.4% does not justify the high price, making it an unsuitable option for long-term rental investments. Buy-and-hold While the location in Misericórdia is appealing due to accessibility and amenities, the current price of €585,000 presents a significant gap of 34.8% compared to the fair value of €381,654. The low yield of 3.4% indicates that the buy-and-hold strategy would not achieve optimal returns given the overvaluation. Short-term vacation rental The property resides in a desirable area close to Lisbon’s urban amenities, yet its price tag of €585,000 is 34.8% above the fair value of €381,654. With a gross yield of only 3.4%, investing in this apartment for short-term vacation rentals is unappealing due to the significant overpricing.
Potential Tenant Turnover The tenant stability score of 75/100 indicates a moderate risk of turnover, which could result in vacancy periods and associated costs.