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 60 m², energy rating D. Located on calçadinha de Santo Estêvão, 5, Santa Maria Maior parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment boasts a small balcony perfect for late afternoon relaxation and a working corner in the living room bathed in natural light from the southeast orientation.
The valuation. The asking price of €290,000 is significantly above the fair value of €65,350, reflecting an overvaluation of €224,650 (77.5%). This suggests that potential buyers should approach with caution regarding future appreciation.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| calçadinha de Santo Estêvão, 5 | Subject | €290,000 | €4,833 | — | 68 | 86 |
| Misericórdia · 41ffe8 | Active | €310,000 | €8,857 | 83.3% | 70 | 84 |
| rua da Cruz de Santa Apolónia | Active | €295,000 | €4,338 | 10.2% | 68 | 84 |
| Santa Maria Maior · 82c750 | Active | €220,000 | €4,400 | 9.0% | 65 | 86 |
| rua Tomás da Anunciação S / N | Active | €325,000 | €6,373 | 31.8% | — | 80 |
| Median comp | €302,500 | €5,387 | 11.4% | 68 | 84 |
Long-term rental The property presents a gross yield of 4.7%, which may seem attractive; however, the significant gap of 77.5% from its fair value indicates that the asking price is excessively high. With the condition rated at 66/100 and a neighborhood score of 86/100, the potential for long-term rental returns is diminished by the overpriced nature of the asset. Short-term vacation rental While the location in Santa Maria Maior benefits from tourist appeal, the property’s fair value suggests it's overpriced by 77.5%. The potential short-term rental market may not compensate for the excessive upfront investment required for this apartment, leading to limited profitability. Buy-and-hold Investing in this apartment as a buy-and-hold strategy seems unwise given its 77.5% overpricing compared to fair value. Although the neighborhood scores favorably at 86/100, the significant overvaluation raises concerns about long-term capital appreciation prospects and financial sustainability in the investment horizon.
Tenant turnover risk The tenant stability score of 80/100 suggests that while most tenants may remain, there is still a significant 20% chance of turnover, which could impact income stability.
