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.
2-bedroom, 2-bathroom apartment of 58 m², energy rating D. Located on travessa Cruz do Desterro, 24, Arroios parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment boasts a practical kitchen layout and well-preserved quality finishes, blending modern elegance with rustic charm while enjoying abundant natural light throughout its spacious interiors.
The valuation. The asking price of €375,000 sits €326,180 above the fair value of €48,820, representing an 87.0% premium. This indicates that the property is overpriced. Buy-to-flip angle. The potential for a buy-and-flip strategy appears limited due to the high asking price versus fair value, suggesting minimal profit upon resale. Buy-to-let angle. A rental income strategy indicates an estimated gross yield of 3.8%, generating around €1,188 per month, making this property suitable for long-term tenants in a high-demand neighborhood.
Fair value modelled at €48,820 from the area baseline, adjusted for condition and location. Asking €375,000 sits €326,180 (87.0%) above — overpriced versus fair value.
Asking €375,000 versus the travessa Cruz do Desterro, 24 area baseline of €283,910 (€4,895/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 82 · Materials 87 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 89/100 (Housing Market 95 · Amenities 90 · Economic 90 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
travessa Cruz do Desterro, 24
Area baseline €283,910 + condition +€7,250 + location +€5,610 = modelled fair value of €48,820 (€842/m²), a €326,180 (87.0%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Cruz do Desterro, 24 | Subject | €375,000 | €6,466 | — | 82 | 89 |
| rua das Madres, 102 | Active | €635,000 | €5,773 | 10.7% | 85 | 80 |
| Misericórdia · 49b8e7 | Active | €625,000 | €7,102 | 9.8% | 80 | 84 |
| rua Josefa de Óbidos, 16 | Active | €435,000 | €6,214 | 3.9% | 78 | 80 |
| Santo António · 0dcec4 | Active | €2,100,000 | €10,448 | 61.6% | 80 | 85 |
| Median comp | €630,000 | €6,658 | 3.0% | 80 | 82 |
Long-term rental A long-term rental strategy would likely yield disappointing returns due to the apartment's 87.0% gap from fair value, resulting in an unattractive gross yield of 3.8%. While the condition and neighborhood ratings are strong, the substantial overpricing negates the potential for a worthwhile investment. Short-term vacation rental The short-term vacation rental market may attract interest due to the apartment's desirable location in central Lisbon; however, its significant overpricing reduces the feasibility of generating satisfactory returns. With a fair value of only €48,820, tapping into the short-term rental market would likely fail to justify the high upfront investment. Buy-and-hold Employing a buy-and-hold strategy for this property appears unwise given its substantial overvaluation, leaving little room for appreciation in value. Despite the commendable neighborhood ratings, the apartment’s steep price results in a risky investment outlook that does not align with long-term value growth expectations.
Economic downturn risk A sudden economic downturn could affect the economic stability rating of 90/100, potentially leading to increased vacancy rates despite the tenant stability rate of 80/100.
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