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.
0-bedroom, 0-bathroom apartment_building of 595 m², built in 2027. Located on travessa Costa, 128, Estrela parish, Lisbon municipality, Lisbon district. Unique Aspect: The property comes with an approved PIP for a high-standard residential building that includes a luxury T5 home and offers unobstructed views of the Tagus River. Investment Potential: Located in an Urban Rehabilitation Area, it presents potential tax incentives for developers.
The valuation. The asking price of €1,290,000 is significantly below the fair value of €1,927,018, indicating a difference of €637,018 (49.4%). This property is clearly underpriced. Buy-to-flip angle. A targeted buy-to-flip strategy could capitalize on the €637,018 equity, enabling quick resale for profit in a rising market. This approach aligns well with the strong demand in Estrela. Buy-to-let angle. Implementing a buy-to-let strategy, the property has potential for long-term rental income, capitalizing on the neighborhood's steady demand and proximity to amenities, despite the current gross yield being 0% due to the property's condition.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Costa, 128 | Subject | €1,290,000 | €2,168 | — | — | 80 |
| rua Particular À Arco do Carvalhão | Active | €1,800,000 | €1,396 | 35.6% | — | 81 |
| rua Gilberto Rola S / N | Active | €2,900,000 | €2,421 | 11.7% | 90 | 78 |
| rua Carvalho Serra, 16 | Active | €1,000,000 | €1,393 | 35.8% | — | 79 |
| rua do Arco a Alcântara, 12 | Active | €2,900,000 | €2,929 | 35.1% | — | 74 |
| Median comp | €2,350,000 | €1,909 | 12.0% | 90 | 79 |
Long-term rental The property in Estrela, Lisbon presents an attractive long-term rental opportunity given its good neighborhood rating of 80/100, which is likely to attract quality tenants. The significant gap of 49.4% from the fair value indicates that this investment may yield high returns as demand for long-term housing remains strong in the area. Buy-and-hold Investing in this 0-bed apartment building in Estrela is a prudent buy-and-hold strategy, given the substantial gap to fair value and robust demand in the Lisbon area. With a fair value of €1,927,018, the current listing price of €1,290,000 allows for significant appreciation potential in the foreseeable future. Family rental The property is well-suited for family rental, benefitting from a safe suburban environment and proximity to essential amenities and schools. Given the demand for family-sized accommodation in good neighborhoods, the potential for stable rental income can make this investment quite favorable in the long term.
Tenant turnover risk The tenant stability score of 60/100 suggests a higher likelihood of tenant turnover, which may result in increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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