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, 2-bathroom duplex of 85 m², built in 1937, energy rating F. Located on travessa Norte À Lapa, Estrela parish, Lisbon municipality, Lisbon district. This duplex features charming traditional Lisbon architecture combined with modern living, including high ceilings and spacious living areas, ideal for families seeking elegance and comfort.
The valuation. The asking price of €550,000 is significantly above the fair value of €376,624, indicating an overpriced property by €173,376 (31.5%). This discrepancy suggests a challenging investment from the outset.
Fair value modelled at €376,624 from the area baseline, adjusted for condition and location. Asking €550,000 sits €173,376 (31.5%) above — overpriced versus fair value.
Asking €550,000 versus the travessa Norte À Lapa area baseline of €334,730 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 80/100 (Housing Market 90 · Amenities 80 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
travessa Norte À Lapa
Area baseline €334,730 + condition +€1,727 + location +€40,168 = modelled fair value of €376,624 (€4,431/m²), a €173,376 (31.5%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Norte À Lapa | Subject | €550,000 | €6,471 | — | 74 | 80 |
| rua Alexandre de Sá Pinto, 147 | Active | €630,000 | €5,122 | 20.8% | 78 | 77 |
| rua de São Félix, 30 | Active | €525,000 | €7,500 | 15.9% | 85 | 82 |
| alameda In | Active | €890,000 | €9,570 | 47.9% | 78 | 81 |
| travessa de São Bernardino, 19 | Active | €589,000 | €5,078 | 21.5% | 78 | 85 |
| Median comp | €609,500 | €6,311 | 2.5% | 78 | 82 |
Long-term rental This property in Estrela offers a gross yield of 3.4%, which is below the typically expected yields for the area, suggesting a lack of investment attractiveness. Moreover, with a fair value of €376,624 and a listing price of €550,000, it is priced 31.5% above fair value, indicating it is overpriced for long-term rental investment. Short-term vacation rental Despite the prime location and amenities nearby, the high listing price of €550,000 compared to the fair value of €376,624 results in a significant investment gap of 31.5%, making it a less appealing opportunity for short-term vacation rentals. This property showcases a condition rating of 76/100, but with an overvaluation, the potential for profitability in this market segment is compromised. Buy-and-hold The investment thesis for a buy-and-hold strategy is hindered by the property’s overpriced listing of €550,000 versus the fair value of €376,624, creating a 31.5% discrepancy that may deter future appreciation. Thus, while Estrela is a desirable neighborhood, the current valuation suggests limited upside potential for long-term investors.
Tenant turnover risk: With a tenant stability score of 70/100, there is a potential risk of higher turnover rates, which could lead to increased vacancy periods and costs associated with finding new tenants.
