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.
20-bedroom, 10-bathroom palace of 703 m², energy rating F. Located on rua do Patrocínio, Estrela parish, Lisbon municipality, Lisbon district. Noteworthy Features: The property's distinctive charm is highlighted by intricate decorative wall art and historic molding, indicative of its heritage, yet it requires extensive restoration to preserve its value.
The valuation. The asking price of €4,600,000 exceeds the fair value estimate of €2,861,343 by €1,738,657, representing a 37.8% markup. This property is thus deemed overpriced.
Fair value modelled at €2,861,343 from the area baseline, adjusted for condition and location. Asking €4,600,000 sits €1,738,657 (37.8%) above — overpriced versus fair value.
Asking €4,600,000 versus the rua do Patrocínio area baseline of €2,768,414 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 51/100 (Condition 48 · Materials 65 · Room dimensions 56). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 82/100 (Housing Market 85 · Amenities 85 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua do Patrocínio
Area baseline €2,768,414 + condition -€261,428 + location +€354,357 = modelled fair value of €2,861,343 (€4,070/m²), a €1,738,657 (37.8%) gap versus the €4,600,000 asking price.
Long-term rental The property is overpriced at €4,600,000, significantly exceeding the fair value of €2,861,343, representing a gap of 37.8%. With a gross yield of 0%, it fails to offer an attractive return for long-term rental strategies. Short-term vacation rental Investing in this property for short-term vacation rental is not advisable, as its pricing at €4,600,000 is well above its fair value of €2,861,343, leaving a notable gap of 37.8%. The lack of a gross yield, currently at 0%, further diminishes its appeal for this strategy. Buy-and-hold The buy-and-hold strategy for this property is questionable, given its listing price of €4,600,000 compared to a fair value of €2,861,343, equating to a 37.8% overpricing. The property currently offers no gross yield, undermining the potential for long-term appreciation in this investment approach.
Tenant turnover risk: With a tenant stability score of 70/100, there is a significant risk of higher turnover rates, which could lead to increased vacancy and re-leasing costs.
