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 97 m². Located on calçada Nova de São Francisco, 10, Santa Maria Maior parish, Lisbon municipality, Lisbon district. Noteworthy Feature: The apartment's fifth-floor position offers potential for stunning city views and ample natural light, enhancing the desirability of a personalized renovation project.
The valuation. The asking price of €550,000 is 99.2% of the fair value of €4,367, which equates to €545,633. This property is considered overpriced, with a significant gap between its asking price and fair market value. Buy-to-flip angle. A buy-to-flip strategy may not be ideal due to the property’s condition, which is marked at 0/100, potentially requiring extensive renovations. The focus on resale would need to align with market improvements post-refurbishment. Buy-to-let angle. With a gross yield of 4.3%, the estimated rental income of €1,971 per month can be appealing for long-term tenants. The property’s location near Lisbon's central district suggests strong demand from both tourists and expats for potential short-term vacation rentals.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| calçada Nova de São Francisco, 10 | Subject | €550,000 | €5,670 | — | — | 83 |
| rua Afonso Domingues, 3 | Active | €397,000 | €5,293 | 6.6% | — | 80 |
| rua Dom Domingos Jardo | Active | €220,000 | €3,333 | 41.2% | — | 90 |
| Santa Maria Maior · 93734e | Active | €254,000 | €5,080 | 10.4% | — | 84 |
| Campo de Ourique · 023a3f | Active | €423,000 | €6,043 | 6.6% | 72 | 80 |
| Median comp | €325,500 | €5,187 | 8.5% | 72 | 82 |
Long-term rental The property in Santa Maria Maior is overpriced by 99.2%, making it a less attractive option for long-term rental despite the strong demand from the expat community. With a gross yield of only 4.3% and a condition rating of 0/100, potential rental income is insufficient to justify this elevated price. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold is not advisable due to its significant overvaluation, with a gap of 99.2% to fair value. The subpar condition rating and relatively low yield fail to provide a sound basis for long-term appreciation potential in this market. Short-term vacation rental While the property's proximity to Lisbon's attractions could suggest appeal for short-term rentals, its listing price is 99.2% above fair value and does not align with optimal investment criteria. Additionally, with a condition score of 0/100 and a yield of 4.3%, this investment risks not delivering the returns one would expect from a vacation rental in a prime location.
Tenant turnover risk The tenant stability score of 70/100 indicates a potential for higher turnover, which can lead to increased vacancy rates and loss of rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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