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 60 m², built in 1942, energy rating D. Located on rua Carlos Mardel, Areeiro parish, Lisbon municipality, Lisbon district. This apartment features direct access to a private outdoor space, a rare find in such a central Lisbon location, enhancing the living experience significantly.
The valuation. The asking price of €315,000 sits €48,101 (15.3%) above the fair value of €266,899, indicating the property is overpriced. Therefore, potential investors should approach this listing with caution regarding financial feasibility.
Fair value modelled at €266,899 from the area baseline, adjusted for condition and location. Asking €315,000 sits €48,101 (15.3%) above — overpriced versus fair value.
Asking €315,000 versus the rua Carlos Mardel area baseline of €236,280 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 77 · Materials 73 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 82/100 (Housing Market 90 · Amenities 80 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Carlos Mardel
Area baseline €236,280 + condition +€375 + location +€30,244 = modelled fair value of €266,899 (€4,448/m²), a €48,101 (15.3%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Carlos Mardel | Subject | €315,000 | €5,250 | — | 77 | 82 |
| rua de Campolide, 92 | Active | €380,000 | €7,308 | 39.2% | 74 | 83 |
| rua de São Bento, 223 | Active | €495,000 | €5,500 | 4.8% | 75 | 83 |
| rua Estácio da Veiga, 3 | Active | €445,000 | €5,361 | 2.1% | 72 | 80 |
| Alvalade · f3666c | Active | €295,000 | €7,973 | 51.9% | 73 | 78 |
| Median comp | €412,500 | €6,404 | 22.0% | 74 | 82 |
Short-term vacation rental\nThe property is overpriced with a listing of €315,000 compared to a fair value of €266,899, resulting in a 15.3% gap that diminishes its potential profitability for short-term rentals. While the yield of 3.9% gross is decent, it does not compensate for the financial strain caused by the price premium in an already high-demand urban center like Areeiro.\n\nLong-term rental\nWith a fair value of €266,899 indicating a significant 15.3% gap, the current asking price of €315,000 suggests a long-term rental strategy might yield insufficient returns. The gross yield of 3.9% is not attractive enough to justify the investment in an overpriced property, especially considering the competitive nature of the local rental market.\n\nBuy-and-hold\nAsking €315,000 for this property, which is 15.3% above its fair value of €266,899, indicates it may not be well-positioned for a buy-and-hold strategy. Despite the urban location and decent neighborhood ratings, the overpriced listing could hinder long-term appreciation potential and financial returns.
Tenant turnover risk High tenant turnover is plausible given the tenant stability score of 70/100, potentially leading to increased vacancy rates and higher associated costs.
