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, 4-bathroom apartment of 347 m², energy rating C. Located Santa Maria Maior parish, Lisbon municipality, Lisbon district. This apartment features original ornate ceilings and century-old tiles, retaining historical charm while offering modern living amenities within an elegant layout in Alfama.
The valuation. The asking price of €5,500,000 is significantly above fair value, at 91.4% over the fair valuation of €474,592. This premium suggests an overpriced property that may not offer value for discerning investors.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Maria Maior · d7a42a | Subject | €5,500,000 | €15,850 | — | 85 | 89 |
| Arroios · 1e64f3 | Active | €1,100,000 | €7,383 | 53.4% | 85 | 90 |
| Santa Maria Maior · 0324fc | Active | €3,900,000 | €14,444 | 8.9% | 85 | 87 |
| rua do Loreto, 21 | Active | €795,000 | €4,877 | 69.2% | 80 | 85 |
| avenida Defensores de Chaves, 23 | Active | €3,050,000 | €13,319 | 16.0% | 82 | 79 |
| Median comp | €2,075,000 | €10,351 | 34.7% | 84 | 86 |
Long-term rental The property is overpriced with a fair value that is significantly lower than the listing price, presenting a gap of 91.4%. With a gross yield of only 1.2%, it is unlikely to generate substantial returns in a long-term rental strategy. Short-term vacation rental While the central location of the property may suggest potential for short-term vacation rentals, the significant overpricing at €5,500,000 constrains profitability. The low yield of 1.2% indicates that this investment may not attract desired revenue levels. Buy-and-hold Considering the current listing price and the fair value disparity, the buy-and-hold strategy is questionable as the property is overpriced by 91.4%. The high condition and neighbourhood scores do not justify the steep price premium in a holding context.
Economic downturn vulnerability An unexpected economic downturn could impact tenant stability despite the current high score of 90/100 in economic stability and 85/100 in tenant stability, leading to potential vacancy risks.
