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.
4-bedroom, 2-bathroom apartment of 120 m², built in 1937, energy rating D. Located on calçada Necessidades, Estrela parish, Lisbon municipality, Lisbon district. This apartment features original period ceilings and intricately crafted wooden floors, providing a blend of historic charm and modern functionality in a highly desirable location.
The valuation. The asking price of €710,000 is significantly above the fair value of €527,924, indicating an overvaluation of €182,076 (25.6%). This premium suggests that potential buyers might not find the price justifiable.
Fair value modelled at €527,924 from the area baseline, adjusted for condition and location. Asking €710,000 sits €182,076 (25.6%) above — overpriced versus fair value.
Asking €710,000 versus the calçada Necessidades area baseline of €708,000 (€5,900/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 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 85 · Amenities 80 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
calçada Necessidades
Area baseline €708,000 + condition +€2,437 + location +€52,927 = modelled fair value of €527,924 (€4,399/m²), a €182,076 (25.6%) gap versus the €710,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| calçada Necessidades | Subject | €710,000 | €5,917 | — | 74 | 78 |
| Arroios · 49b817 | Active | €690,000 | €5,750 | 2.8% | 65 | 85 |
| praça José In Arroios | Active | €650,000 | €5,417 | 8.5% | 65 | 91 |
| Arroios · 6fb8e0 | Active | €520,000 | €4,000 | 32.4% | 82 | 78 |
| rua Joaquim Casemiro | Active | €1,350,000 | €7,941 | 34.2% | 84 | 78 |
| Median comp | €670,000 | €5,584 | 5.6% | 74 | 82 |
Long-term rental The 4-bed apartment in Estrela, priced at €710,000, is considered overpriced compared to the fair value of €527,924, presenting a significant gap of 25.6%. With a gross yield of only 3.3%, this investment strategy may not provide adequate returns given the current market conditions. Buy-and-hold Investing in this apartment for a buy-and-hold strategy may not be favorable, as the current listing price exceeds the fair value by 25.6%. While the location in Estrela is desirable, the 3.3% yield raises concerns about the long-term investment viability, especially when factoring in potential property appreciation. Family rental Though the apartment is positioned in a safe neighborhood with a respectable condition score of 76, the €710,000 price tag reflects an overvaluation of 25.6% against the fair value. The modest yield of 3.3% further indicates that this property may not be the best choice for family rentals in a market that demands fair-value investments.
Economic Downturn Risk A sudden decline in economic conditions could impact the 80/100 economic stability score, jeopardizing tenant demand and rental income.
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