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 80 m² on the 1st floor, built in 1937, energy rating D. Located São Vicente parish, Lisbon municipality, Lisbon district. This apartment’s unique enclosed balcony serves as a functional laundry and storage space, enhancing the practicality of urban living in a historic Lisbon neighborhood.
The valuation. The asking price of €395,000 is well below the estimated fair value of €485,397, indicating the property is underpriced by €90,397 (18.6%). This discrepancy offers a compelling investment opportunity. Buy-to-flip angle. With an attractive purchase price, a buy-to-flip strategy would involve updating kitchen and bathroom fixtures to maximize resale potential, capitalizing on the property’s central Lisbon location and demand. Buy-to-let angle. Utilizing a buy-to-let strategy, estimated rental income of €1,284/month, yielding 3.9%, strategically positions this apartment for consistent cash flow in a highly desirable neighborhood.
Fair value modelled at €485,397 from 6 comparable sales in the area. Asking €395,000 sits €90,397 (18.6%) below — the upside to fair value.
Asking €395,000 versus the São Vicente, Lisbon, Lisbon area baseline of €456,845 (€5,711/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €456,845, adjusted for condition and micro-location, gives a modelled fair value of €485,397 (€6,067/m²), a €90,397 (18.6%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Vicente · 467f6e | Subject | €395,000 | €4,938 | — | 70 | 84 |
| praça João de Azevedo Coutinho | Active | €410,000 | €5,256 | 6.5% | 72 | 79 |
| Santa Maria Maior · 9375ed | Active | €695,000 | €6,881 | 39.4% | 74 | 86 |
| Penha de França · 1e6034 | Active | €365,000 | €6,887 | 39.5% | 75 | 84 |
| travessa do Olival À Graça, 48 | Active | €260,000 | €6,500 | 31.6% | 70 | 77 |
| Median comp | €387,500 | €6,691 | 35.5% | 73 | 82 |
Long-term rental The property is poised to generate stable cash flow given its strong tenant demand reflected by a gross yield of 3.9%. With a total area of 80m² and a favorable neighborhood rating of 84/100, it benefits from accessibility to amenities and employment opportunities, making it an attractive option for long-term renters. Short-term vacation rental Despite the property's current valuation at €395,000, potential income from short-term vacation rental is promising due to its prime location in central Lisbon, appealing to tourists seeking quality accommodations. The favorable condition score of 74/100 suggests that minimal investment would be needed to maximize rental income during peak travel seasons. Buy-and-hold Investing in this 2-bed apartment offers a strategic buy-and-hold opportunity, as the property is assessed as subvalorizada relative to its fair value of €485,397, presenting a potential upside for future appreciation. The strong neighborhood dynamics and excellent location position it for long-term value creation. Not ideal for: Student housing The property is not well-suited for student housing despite its central location, as the demographic profile and rental yields suggest stronger demand in the long-term or short-term rental markets. The proximity to major amenities and employment centers does not translate to high demand from student tenants in this case.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate likelihood of tenant turnover, which could lead to increased vacancy rates and inconsistent cash flows.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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