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 50 m², built in 1891. Located Estrela parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment includes a spacious living room window that enhances natural light, creating an inviting atmosphere complemented by quality, modern furnishings ready for immediate occupancy or rental.
The valuation. The asking price of €345,000 sits significantly above the fair value estimate of €222,331, indicating an excessive premium of €122,669 (35.6%). This assessment suggests the property is overpriced. Buy-to-flip angle. Given the high valuation, a buy-to-flip strategy may prove challenging, as resale would necessitate significant appreciation in a competitive market. Investors should be cautious, as potential profit margins appear slim. Buy-to-let angle. With a gross yield of 3.7% (~€1,064/month estimated), this investment could provide steady rental income in Lisbon's mixed neighborhood, attracting long-term tenants despite the asking price being higher than fair value.
Fair value modelled at €222,331 from the area baseline, adjusted for condition and location. Asking €345,000 sits €122,669 (35.6%) above — overpriced versus fair value.
Asking €345,000 versus the Estrela, Lisbon, Lisbon area baseline of €295,000 (€5,900/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 81/100 (Housing Market 90 · Amenities 80 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Estrela, Lisbon, Lisbon
Area baseline €295,000 + condition +€1,016 + location +€24,416 = modelled fair value of €222,331 (€4,447/m²), a €122,669 (35.6%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estrela · 96c72a | Subject | €345,000 | €6,900 | — | 72 | 81 |
| rua de São Bento, 223 | Active | €495,000 | €5,500 | 20.3% | 75 | 83 |
| rua de Campolide, 92 | Active | €380,000 | €7,308 | 5.9% | 74 | 83 |
| rua Presidente Arriaga | Active | €295,000 | €6,556 | 5.0% | 75 | 82 |
| rua Gervásio Lobato, 18 | Active | €375,000 | €6,579 | 4.7% | 76 | 76 |
| Median comp | €377,500 | €6,568 | 4.8% | 75 | 83 |
Long-term rental Given the gap of 35.6% between the listing price of €345,000 and the fair value of €222,331, this 1-bed apartment in Estrela is overpriced for a long-term rental strategy. The gross yield of 3.7% does not compensate for the high acquisition cost in a competitive housing market like Lisbon. Short-term vacation rental With the listed price exceeding fair value, this property may struggle to attract short-term vacation rental guests while maintaining profitability. The current yield of 3.7% further indicates that the investment does not present a compelling opportunity compared to more reasonably priced alternatives. Buy-and-hold Investing in this buy-and-hold strategy is not advisable due to the overvaluation indicated by the 35.6% gap from fair value, which could hinder long-term appreciation potential. The property's condition rating of 76/100 supports a good quality investment; however, the asking price remains unjustifiable in the current market. Not ideal for: Student housing, Luxury market, Value-add renovation
Tenant turnover risk The tenant stability score of 70/100 suggests a potential for higher turnover rates, which could lead to increased vacancy periods impacting overall cash flow.
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