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 90 m², built in 1988, energy rating D. Located on rua Mirante, São Vicente parish, Lisbon municipality, Lisbon district. Discover this unique apartment featuring a private terrace that offers an outdoor sanctuary rarely found in the historic heart of Lisbon, perfect for gatherings or peaceful retreats.
The valuation. The asking price of €449,000 is significantly above the fair value of €199,410, creating a premium of €249,590 (55.6%). This property is thus considered overpriced.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Mirante | Subject | €449,000 | €4,989 | — | 78 | 81 |
| rua do Mirante | Active | €449,000 | €5,221 | 4.7% | 80 | 82 |
| Avenidas Novas · 937611 | Active | €1,190,000 | €7,083 | 42.0% | 75 | 82 |
| rua Bernardim Ribeiro S / N | Active | €750,000 | €7,143 | 43.2% | 80 | 83 |
| Estrela · ba3d89 | Active | €445,000 | €7,063 | 41.6% | 80 | 83 |
| Median comp | €599,500 | €7,073 | 41.8% | 80 | 83 |
Long-term rental The property in São Vicente, listed at €449,000, is overpriced with a significant gap of 55.6% compared to its fair value. With a gross yield of only 4%, the expected return does not justify this premium in an already vibrant housing market. Short-term vacation rental While the location of the apartment is appealing for short-term vacation rentals, the excessive price of €449,000 compared to a fair value of €199,410 suggests it is not a prudent investment. The current yield of 4% indicates that potential returns may not sufficiently cover the risk of overvaluation. Buy-and-hold Investing in this 3-bed apartment in São Vicente for a buy-and-hold strategy is discouraged, as the property is overpriced with a 55.6% gap to fair value. The moderate condition rating of 81/100 does not compensate for the high entry cost and limited yield potential in a competitive market. Not ideal for student housing This apartment's pricing structure and overall condition do not align with the affordability needs typically expected in student housing markets. Given the exorbitant listing price of €449,000, investing here would not meet the financial constraints of students seeking housing in São Vicente.
Tenant turnover risk The tenant stability score of 65/100 indicates a potential for higher turnover rates, which could result in increased vacancy costs and reduced rental income.
