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, 0-bathroom apartment of 72 m², energy rating E. Located Misericórdia parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment features an office-living room hybrid, perfect for remote work, alongside recent updates to essential appliances ensuring modern functionality.
The valuation. The asking price of €466,000 exceeds the fair value of €315,928 by €150,072 (32.2%). This property is considered overpriced given current market conditions and valuation metrics.
Fair value modelled at €315,928 from the area baseline, adjusted for condition and location. Asking €466,000 sits €150,072 (32.2%) above — overpriced versus fair value.
Asking €466,000 versus the Misericórdia, Lisbon, Lisbon area baseline of €283,536 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 86/100 (Housing Market 90 · Amenities 90 · Economic 90 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Misericórdia, Lisbon, Lisbon
Area baseline €283,536 + condition -€8,438 + location +€40,829 = modelled fair value of €315,928 (€4,388/m²), a €150,072 (32.2%) gap versus the €466,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Misericórdia · 1e62a2 | Subject | €466,000 | €6,472 | — | 70 | 86 |
| Santa Maria Maior · 4a7e57 | Active | €319,000 | €3,988 | 38.4% | 72 | 83 |
| Arroios · 1e6128 | Active | €345,000 | €5,750 | 11.2% | — | 82 |
| Santa Maria Maior · 1e627e | Active | €395,000 | €6,371 | 1.6% | — | 90 |
| rua da Oliveirinha | Active | €323,000 | €5,569 | 14.0% | 72 | 82 |
| Median comp | €334,000 | €5,660 | 12.6% | 72 | 83 |
Long-term rental The 2-bed apartment in Misericórdia, listed at €466,000, is priced significantly above its fair value of €315,928, indicating a 32.2% gap that makes this investment less attractive for long-term rental purposes. With a gross yield of 3.7% and a condition rating of 68/100, the potential returns do not justify the heightened acquisition cost. Short-term vacation rental Investing in this 2-bed apartment for short-term vacation rental may not be the best decision, as the listing price of €466,000 represents an overvaluation compared to the fair value of €315,928, revealing a 32.2% discrepancy. While the neighbourhood rating of 86/100 suggests potential tourist appeal, the inadequate yield of 3.7% raises concerns regarding profitability in this strategy. Buy-and-hold The buy-and-hold strategy for this 2-bed apartment is undermined by its listing price of €466,000, which exceeds the fair value of €315,928 by 32.2%, rendering it a less viable investment for growth. Despite a respectable neighbourhood score of 86/100, the combination of high acquisition cost and mediocre yield of 3.7% raises red flags for long-term appreciation prospects.
Economic downturn risk A slight decrease in economic stability from 90 to 80 could adversely affect tenant demand, raising the vacancy risk, particularly given the 80/100 tenant stability score.