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 58 m², energy rating D. Located on beco do Mexias, 8-1º, Santa Maria Maior parish, Lisbon municipality, Lisbon district. This apartment features three facades offering views of the charming Alfama neighborhood, enhancing its potential for a vibrant urban lifestyle despite its current need for renovation.
The valuation. The asking price of €250,000 is significantly above the fair value of €36,076, resulting in a valuation that is overpriced by €213,924, or 85.6%. This discrepancy indicates a poor investment potential at the current listing. Buy-to-flip angle. With a gross yield of 6%, the buy-and-flip strategy may be challenging given the overpriced listing, making potential profits uncertain and dependent on significant price reductions after renovations. Investors would need to approach this with caution and awareness of market dynamics. Buy-to-let angle. The estimated rental income of €1,250 per month suggests a gross yield of 6%, which can attract long-term tenants, although the apartment's condition may necessitate upgrades to retain quality renters and ensure competitive occupancy rates in a high-demand area like Santa Maria Maior.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| beco do Mexias, 8-1º | Subject | €250,000 | €4,310 | — | 30 | 90 |
| rua do Barão de Monte Pedral, 7 | Active | €330,000 | €6,226 | 44.5% | 30 | 81 |
| avenida Mouzinho de Albuquerque, 10 | Active | €279,000 | €3,244 | 24.7% | — | 83 |
| rua Professor Mira Fernandes | Active | €295,000 | €4,470 | 3.7% | 28 | 80 |
| Penha de França · 023bce | Active | €345,000 | €4,929 | 14.3% | 30 | 83 |
| Median comp | €312,500 | €4,700 | 9.0% | 30 | 82 |
Long-term rental The property is overpriced at €250,000, significantly exceeding its fair value of €36,076, which represents an 85.6% gap. Even with a gross yield of 6%, the initial investment does not justify the returns given the condition rating of 35/100. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its substantial overpricing, with its market value vastly inflated compared to the fair value of €36,076. Despite being located in a neighborhood with a high rating of 90/100, the long-term appreciation potential is hindered by the initial purchase price. Short-term vacation rental While the property is situated in a high-demand area of central Lisbon, its overvaluation at €250,000 makes it a poor candidate for a short-term vacation rental strategy, especially in light of its low condition score of 35/100. The current gross yield of 6% does not compensate for the significant pricing discrepancy from the fair value of €36,076. Not ideal for: Student housing, Agricultural investment
Potential Vacancies: With a tenant stability score of 80/100, there is a risk of vacancies that could lead to inconsistent cash flow, particularly if economic conditions change despite a strong economic stability score of 90/100.
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