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 73 m² on the 3rd floor, energy rating D. Located on rua dos Correeiros, 171, Santa Maria Maior parish, Lisbon municipality, Lisbon district. This apartment features a prime location just steps from major cultural landmarks, providing a rich urban experience and easy access to transport connections throughout Lisbon.
The valuation. The asking price of €455,000 is significantly above the fair value of €84,015, representing an excess of €370,985, or 81.5%. This property is considered overpriced. Buy-to-flip angle. The buy-to-flip strategy would likely face challenges due to the exaggerated asking price, making it difficult to achieve a profitable resale. A thorough market analysis would be required to determine if any value can be added. Buy-to-let angle. The estimated rental income of €1,403 per month provides a gross yield of 3.7%, which indicates limited cash flow potential. However, the location's appeal could attract tenants looking for proximity to Lisbon's city center.
Fair value modelled at €84,015 from the area baseline, adjusted for condition and location. Asking €455,000 sits €370,985 (81.5%) above — overpriced versus fair value.
Asking €455,000 versus the rua dos Correeiros, 171 area baseline of €376,242 (€5,154/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 75 · Materials 72 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 84/100 (Housing Market 85 · Amenities 90 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua dos Correeiros, 171
Area baseline €376,242 + condition -€5,133 + location +€10,673 = modelled fair value of €84,015 (€1,151/m²), a €370,985 (81.5%) gap versus the €455,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Correeiros, 171 | Subject | €455,000 | €6,233 | — | 75 | 84 |
| Santa Maria Maior · 6d55c2 | Active | €185,000 | €4,405 | 29.3% | 70 | 89 |
| rua Filipe Folque, 24 | Active | €300,000 | €7,895 | 26.7% | 70 | 81 |
| Estrela · 6c7aa9 | Active | €285,000 | €7,500 | 20.3% | 70 | 80 |
| rua Maria Pia | Active | €320,000 | €7,619 | 22.2% | 75 | 79 |
| Median comp | €292,500 | €7,560 | 21.3% | 70 | 81 |
Long-term rental Despite the property being located in a desirable area of Lisbon with a strong economy and rental demand, the significant markup of 81.5% over its fair value of €84,015 makes this investment unattractive from a long-term rental perspective, yielding only 3.7% gross. Investors should consider that the property’s condition and not-so-ideal yield may not justify the high purchase price. Short-term vacation rental While the neighborhood’s amenities and overall appeal could cater to tourists, the extreme gap from fair value means that the potential returns from short-term rentals are significantly diminished, rendering the investment overpriced. The 3.7% gross yield does not align with the expectations typically associated with short-term rental markets in Lisbon. Buy-and-hold Holding this property long-term is compromised due to its overpriced status, with a staggering 81.5% premium over fair value that does not equate to corresponding equity growth potential. Investors should be cautious as the rental yield is relatively low at 3.7%, indicating that this buy-and-hold strategy lacks financial viability given the current market valuation.
Tenant turnover risk The tenant stability score of 70/100 suggests a moderate level of potential turnover, which could impact cash flow and require increased leasing efforts if vacancies arise.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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