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.
1-bedroom, 1-bathroom apartment of 30 m², built in 1951, energy rating D. Located on calçada de Santana, Arroios parish, Lisbon municipality, Lisbon district. This apartment is uniquely situated on the historic Calçada de Santana, offering a blend of modern remodeling within a charming Pombaline building, adding substantial character to urban living.
The valuation. The asking price of €235,000 significantly exceeds the fair value of €21,267, indicating an overvaluation of €213,733 or 91.0%. This property is not a sound investment based on its pricing. Buy-to-flip angle. Given the market conditions in Arroios, a buy-and-flip strategy may not yield the desired returns due to the current overvaluation, suggesting that quick resale could be challenging. Buy-to-let angle. The estimated rental income of €920/month yields a gross return of 4.7%, making this property a viable option for long-term rental, although its initial price may limit profitability.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| calçada de Santana | Subject | €235,000 | €7,833 | — | 76 | 89 |
| Campolide · 38b4f6 | Active | €400,000 | €11,111 | 41.8% | 76 | 77 |
| rua Freitas Gazul | Active | €288,000 | €8,229 | 5.0% | 74 | 83 |
| travessa da Espera, 38 | Active | €245,000 | €8,167 | 4.3% | 72 | 85 |
| travessa do Terreiro a Santa Catarina, 48 | Active | €247,000 | €8,233 | 5.1% | 74 | 83 |
| Median comp | €267,500 | €8,231 | 5.1% | 74 | 83 |
Long-term rental This property, listed at €235,000, presents a valuation gap of 91.0% compared to its fair value of €21,267, indicating it is overpriced for the long-term rental market. Despite a respectable gross yield of 4.7%, the significant overpricing undermines potential profitability. Short-term vacation rental While Arroios offers a vibrant neighborhood score of 89/100, the property’s marked overvaluation of 91.0% compared to its fair value makes it an unsuitable investment for short-term vacation rentals. The existing demand in central Lisbon does not justify the high listing price, weakening its attractiveness in this lucrative market. Buy-and-hold The property’s conditions and accessible amenities might suggest stability, yet its staggering 91.0% overpricing relative to a fair value of €21,267 negatively impacts the buy-and-hold investment strategy. Investors should be cautious, as the high entry cost could hamper future capital appreciation. Not ideal for: Student housing Given the property’s excessive price tag and the improbability of meeting student needs at such a high cost, it is clear that this apartment is not a favorable option for student housing. The economic and demographic trends in the area do not align with the inflated listing price, making it a less appealing housing choice for this segment.
Tenant turnover risk: With a tenant stability score of 80/100, there is a potential for increased turnover costs if tenants move out frequently, impacting overall cash flow.