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.
0-bedroom, 0-bathroom apartment_building of 240 m², built in 1951, energy rating E. Located Misericórdia parish, Lisbon municipality, Lisbon district. Unique Opportunity: This property features a ground-floor unit with strong potential for residential conversion, enhancing its overall value and appeal in Lisbon's competitive rental market.
The valuation. The asking price of €1,500,000 significantly exceeds the fair value of €1,057,845, making it overpriced by €442,155 (29.5%). This discrepancy suggests potential caution for investors considering this property.
Fair value modelled at €1,057,845 from the area baseline, adjusted for condition and location. Asking €1,500,000 sits €442,155 (29.5%) above — overpriced versus fair value.
Asking €1,500,000 versus the Misericórdia, Lisbon, Lisbon area baseline of €945,120 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 82/100 (Housing Market 85 · Amenities 80 · Economic 90 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Misericórdia, Lisbon, Lisbon
Area baseline €945,120 + condition -€8,250 + location +€120,975 = modelled fair value of €1,057,845 (€4,408/m²), a €442,155 (29.5%) gap versus the €1,500,000 asking price.
Long-term rental This property, with a fair value of €1,057,845, is listed at €1,500,000, representing a significant 29.5% gap that indicates it is overpriced. The current gross yield of 0% does not support a viable long-term rental strategy, despite the neighbourhood's respectable score of 82/100. Buy-and-hold Given the listing price of €1,500,000, which is considerably above the fair value of €1,057,845, this property is currently overpriced, suggesting a negative outlook for appreciation in the near term. The good condition rating of 73/100 and the central Lisbon location may not offset the fundamental valuation concerns for a buy-and-hold strategy. Family rental At a listing price of €1,500,000, this 0-bed apartment building is overpriced relative to its fair value of €1,057,845, which limits its appeal for family rentals. Although the neighbourhood boasts an impressive score of 82/100, the lack of a reasonable yield and high price point do not align with typical family rental needs.
Tenant turnover risk With a tenant stability score of 75/100, there is a potential risk of higher tenant turnover, which could lead to increased vacancy rates and associated costs over time.
