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 €286,260 (€4,771/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 €286,260 + 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.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
