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, 0-bathroom mix_use_building of 442 m², energy rating G. Located Estrela parish, Lisbon municipality, Lisbon district. Noteworthy Features: The property includes a completed architectural study facilitating the creation of 7 apartments, enhancing its investment potential in a prime location of Lisbon.
The valuation. The asking price of €1,650,000 exceeds the fair value of €1,604,211 by €45,789, or 2.8%, indicating the property is overpriced. Buy-to-flip angle. A buy-and-flip strategy could generate profits through renovations, but the significant condition issues may hinder immediate resale opportunities. Buy-to-let angle. With gross yield at 0% and estimated rental income unclear, long-term rental may face challenges unless substantial value-add renovations are undertaken.
Fair value modelled at €1,604,211 from the area baseline, adjusted for condition and location. Asking €1,650,000 sits €45,789 (2.8%) above — overpriced versus fair value.
Asking €1,650,000 versus the Estrela, Lisbon, Lisbon area baseline of €1,740,596 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 24/100 (Condition 20 · Materials 30 · Room dimensions 35). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 81/100 (Housing Market 90 · Amenities 90 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Estrela, Lisbon, Lisbon
Area baseline €1,740,596 + condition -€352,219 + location +€215,834 = modelled fair value of €1,604,211 (€3,629/m²), a €45,789 (2.8%) gap versus the €1,650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estrela · a31208 | Subject | €1,650,000 | €3,733 | — | 20 | 81 |
| Alcântara · aff4a7 | Active | €2,900,000 | €2,636 | 29.4% | — | 77 |
| Santa Maria Maior · c1f278 | Active | €2,100,000 | €3,088 | 17.3% | — | 90 |
| Santa Maria Maior · aff4e0 | Active | €1,600,000 | €4,103 | 9.9% | 15 | 83 |
| rua Dom Carlos de Mascarenhas, 17 | Active | €1,700,000 | €3,448 | 7.6% | 20 | 81 |
| Median comp | €1,900,000 | €3,268 | 12.5% | 18 | 82 |
Long-term rental The property is not ideal for long-term rental, given its 0% gross yield and the condition rating of only 24/100, indicating significant maintenance needs. Additionally, despite the high neighborhood quality score of 81/100, the pricing at €1,650,000 exceeds the fair value by 2.8%, making it an unappealing investment in this strategy. Buy-and-hold Investing in this property for a buy-and-hold strategy seems ill-advised, as its current listing price exceeds fair value, thus creating a costlier acquisition. The lack of yield at 0% and a poor condition score suggest that holding this asset may not yield satisfactory returns in the long term. Value-add renovation While the potential for value-add renovation exists, the property’s current listing price of €1,650,000 is 2.8% above its fair market value, complicating the investment case. The property's low condition score of 24/100 implies that significant renovation work is necessary, which could further strain the investment given the already inflated acquisition cost.
Tenant turnover risk A tenant stability score of 70/100 indicates a moderate likelihood of tenant turnover, which could lead to increased vacancy rates and potentially reduced rental income.
