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, 5-bathroom apartment of 160 m². Located Estrela parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment boasts charming period details and high ceilings, contributing to its classic character, while being located in the vibrant Santos Design District with excellent access to amenities.
The valuation. The asking price of €580,000 is significantly below the fair value of €655,893, representing an undervaluation of €75,893 (13.1%). This position offers a strong opportunity for investment based on the current market analysis. Buy-to-flip angle. The buy-to-flip strategy may focus on quick renovations to address the property's 45/100 condition, enhancing its appeal before listing for resale at a premium. This could maximize profits in a high-demand market like Estrela. Buy-to-let angle. A long-term rental approach could yield an estimated gross income of approximately €2,852/month, resulting in an overall gross yield of 5.9%. The strategic location in a desirable neighborhood makes it attractive to potential tenants.
Fair value modelled at €655,893 from the area baseline, adjusted for condition and location. Asking €580,000 sits €75,893 (13.1%) below — the upside to fair value.
Asking €580,000 versus the Estrela, Lisbon, Lisbon area baseline of €630,080 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 (Condition 50 · Materials 45 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 90/100 (Housing Market 95 · Amenities 90 · Economic 90 · Tenant Quality 85). Strong amenities and housing-market momentum support a premium to baseline.
Estrela, Lisbon, Lisbon
Area baseline €630,080 + condition -€75,000 + location +€100,813 = modelled fair value of €655,893 (€4,099/m²), a €75,893 (13.1%) gap versus the €580,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estrela · 1e61f9 | Subject | €580,000 | €3,625 | — | 50 | 90 |
| rua Pinheiro Chagas | Active | €1,950,000 | €6,964 | 92.1% | — | 80 |
| rua Rodrigo da Fonseca, 143 | Active | €1,160,000 | €5,859 | 61.6% | 46 | 84 |
| praça do Príncipe Real, 1 | Active | €890,000 | €3,560 | 1.8% | 70 | 83 |
| Campo de Ourique · f366d8 | Active | €1,400,000 | €7,035 | 94.1% | — | 89 |
| Median comp | €1,280,000 | €6,412 | 76.9% | 58 | 84 |
Long-term rental The investment in this 3-bed apartment in Estrela is strategically positioned for long-term rental success, as the gross yield of 5.9% indicates healthy returns in a high-demand district. With the property priced at €580,000, it is currently subvalorizada compared to the fair value of €655,893, representing a 13.1% opportunity for capital appreciation. Short-term vacation rental Given the prime location in Estrela, this property presents a lucrative option for short-term vacation rentals, appealing to tourists seeking quality and convenience. With a fair value of €655,893 compared to the listing price of €580,000, the potential for income generation through short-term stays is enhanced by the current subvalorizada position in the market. Luxury market The 3-bed apartment's desirable location in the upscale Estrela neighborhood positions it well within the luxury market segment, attracting affluent tenants and guests alike. Priced at €580,000 against a fair value of €655,893, this property is subvalorizada, providing an attractive entry point for investors seeking high-end real estate opportunities.
Economic downturn risk Given the high economic stability score of 90/100, any significant downturn could disrupt the positive trend, particularly if tenant stability shifts from 85/100, indicating potential vacancies or diminished rental income.