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, 1-bathroom apartment of 68 m², built in 2022, energy rating B. Located on rua dos Douradores, Santa Maria Maior parish, Lisbon municipality, Lisbon district. This apartment features high ceilings typical of Pombaline architecture, enhancing its brightness and offering pleasant views over the historic rooftops of Baixa.
The valuation. The asking price of €600,000 significantly exceeds the fair value of €90,372, revealing an overpriced status of €509,628 (84.9%). This discrepancy indicates a lack of alignment between market expectations and the property’s intrinsic worth.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Douradores | Subject | €600,000 | €8,824 | — | 82 | 80 |
| São Vicente · 090190 | Active | €490,000 | €6,622 | 25.0% | 78 | 82 |
| rua do Loreto, 16 | Active | €1,150,000 | €7,616 | 13.7% | 75 | 90 |
| rua General Justiniano Padrel, 12 | Active | €480,000 | €11,429 | 29.5% | 80 | 90 |
| rua Visconde de Santarém, 18 | Active | €480,000 | €5,455 | 38.2% | 81 | 82 |
| Median comp | €485,000 | €7,119 | 19.3% | 79 | 86 |
Long-term rental Given the gross yield of 2.8%, the 2-bed apartment in Santa Maria Maior is unlikely to provide the necessary returns for investors seeking long-term rental income. At a listing price of €600,000, which is 84.9% above its fair value of €90,372, this investment appears excessively priced for the current market. Short-term vacation rental Despite the apartment's location in a prestigious central Lisbon area, its 2.8% gross yield indicates that it may not generate sufficient income as a short-term vacation rental. The significant gap between the listing price and fair value suggests that potential returns are overshadowed by an inflated purchase price. Buy-and-hold Acquiring the property for a buy-and-hold strategy seems unwise given its status as overpriced with a gap of 84.9% above fair value. The anticipated rental income does not compensate for the investment's inflated initial outlay, thereby diminishing long-term profitability potential. Not ideal for: Student housing The premium pricing of this property suggests that it wouldn’t be a wise choice for student housing, where affordability is crucial. Moreover, the high listing price relative to its fair value would limit its appeal to budget-conscious students, reducing demand significantly.
Tenant turnover risk The tenant stability score of 70/100 suggests a moderate risk of tenant turnover, which could impact rental income stability and increase vacancy costs.