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 apartment of 103 m², energy rating D. Located on travessa Piedade, 38, Misericórdia parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment features designer furnishings and a whirlpool bathtub in the guest bathroom, seamlessly blending modern luxury with functional living spaces.
The valuation. The asking price of €750,000 is significantly above the fair value of €470,421, indicating an overpriced condition by €279,579 (37.3%). This discrepancy suggests that the property may not be a viable investment opportunity at its current price.
Fair value modelled at €470,421 from the area baseline, adjusted for condition and location. Asking €750,000 sits €279,579 (37.3%) above — overpriced versus fair value.
Asking €750,000 versus the travessa Piedade, 38 area baseline of €405,614 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 83/100 (Housing Market 90 · Amenities 85 · Economic 95 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
travessa Piedade, 38
Area baseline €405,614 + condition +€11,266 + location +€53,541 = modelled fair value of €470,421 (€4,567/m²), a €279,579 (37.3%) gap versus the €750,000 asking price.
Long-term rental Although the property is located in a central part of Lisbon with a strong housing demand, its current listing price of €750,000 exceeds the fair value of €470,421 by 37.3%, indicating that it is overpriced. Given its yield of only 3.1%, this investment may not deliver adequate returns compared to other available options in the rental market. Buy-and-hold The 2-bed apartment in Misericórdia boasts a solid condition rating of 82/100 and is situated in a neighborhood that is desirable, with a rating of 83/100. However, with a significant price gap from its fair value, the appreciation potential appears limited, making it a less attractive buy-and-hold opportunity. Luxury market While this property is positioned in a desirable area known for its amenities and low crime rates, its valuation at €750,000 is well above the fair value of €470,421, indicating that it is overpriced. The current price does not align with the luxury segments that typically command higher yield potentials, thus posing risks for investors looking to enter this market.
Tenant turnover risk A tenant stability score of 60/100 indicates a potential for higher turnover rates, which may lead to increased vacancy periods and associated costs.
