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.
0-bedroom, 1-bathroom studio of 48 m². Located on travessa da Conceição À Lapa, 11, Estrela parish, Lisbon municipality, Lisbon district. This property features an independent street entrance and an approved architectural project, allowing for a complete renovation tailored to personal preferences in a highly sought-after Lisbon area.
The valuation. The asking price of €238,000 sits €33,424 (14.0%) above the fair value of €204,576, indicating a property that is overpriced. This discrepancy suggests that potential investors should proceed with caution.
Fair value modelled at €204,576 from the area baseline, adjusted for condition and location. Asking €238,000 sits €33,424 (14.0%) above — overpriced versus fair value.
Asking €238,000 versus the travessa da Conceição À Lapa, 11 area baseline of €189,024 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 68 · Materials 70 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 79/100 (Housing Market 85 · Amenities 85 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
travessa da Conceição À Lapa, 11
Area baseline €189,024 + condition -€6,375 + location +€21,927 = modelled fair value of €204,576 (€4,262/m²), a €33,424 (14.0%) gap versus the €238,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa da Conceição À Lapa, 11 | Subject | €238,000 | €4,958 | — | 68 | 79 |
| rua Oliveira de São Lázaro, 7 | Active | €280,000 | €4,746 | 4.3% | 68 | 84 |
| Misericórdia · 65a537 | Active | €295,000 | €7,375 | 48.7% | 72 | 82 |
| Santa Maria Maior · 6d55c2 | Active | €185,000 | €4,405 | 11.2% | 70 | 89 |
| Santa Maria Maior · 82c750 | Active | €220,000 | €4,400 | 11.3% | 65 | 86 |
| Median comp | €250,000 | €4,576 | 7.7% | 69 | 85 |
Long-term rental The property is currently listed at €238,000, which reflects a 14.0% premium over its fair value of €204,576, making it overpriced. With a gross yield of 5.5%, the investment may generate passive income, but the high entry price poses a risk in terms of long-term returns. Buy-and-hold While the proximity to Lisbon and a high neighbourhood rating of 79/100 suggests potential for future appreciation, the current valuation of €238,000 is excessive relative to the fair value. This strategy risks hampering profitability due to the pronounced gap between market price and fair value. Family rental Despite the appealing qualities for family tenants associated with the location, the property's listing at €238,000 indicates it is overpriced by 14.0% compared to fair market value. With a decent condition rating of 67/100 in a desirable neighbourhood, this property may attract families, yet the high cost could deter potential renters.
Potential Tenant Turnover The tenant stability score of 75/100 indicates a moderate risk of turnover, which could lead to increased vacancy rates and higher costs associated with re-leasing the property.
