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 70 m² on the 3rd floor, built in 1951, energy rating D. Located Santa Maria Maior parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment includes customizable finishes to match personal taste, and it boasts views of the Tagus River, enhancing its market appeal in a historic neighborhood.
The valuation. The asking price of €420,000 sits €24,226 (5.5%) below the estimated fair value of €444,226, indicating a fair pricing for this 2-bed apartment in Lisbon. This positions the property attractively for potential investors.
Fair value modelled at €444,226 from 6 comparable sales in the area. Asking €420,000 sits €24,226 (5.5%) below — the upside to fair value.
Asking €420,000 versus the Santa Maria Maior, Lisbon, Lisbon area baseline of €422,565 (€6,037/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 is above the parish average, lifting 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 €422,565, adjusted for condition and micro-location, gives a modelled fair value of €444,226 (€6,346/m²), a €24,226 (5.5%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Maria Maior · 6a92fc | Subject | €420,000 | €6,000 | — | 85 | 85 |
| Estrela · 6c7b34 | Active | €440,000 | €6,567 | 9.5% | 70 | 77 |
| Santa Maria Maior · 4b962a | Active | €240,000 | €3,117 | 48.1% | 75 | 84 |
| travessa do Cabral, 44 | Active | €490,000 | €6,125 | 2.1% | 75 | 85 |
| rua das Janelas Verdes, 84 | Active | €495,000 | €5,964 | 0.6% | 75 | 81 |
| Median comp | €465,000 | €6,045 | 0.7% | 75 | 83 |
Short-term vacation rental The property in Santa Maria Maior, listed at €420,000, presents a fair investment opportunity for short-term vacation rentals, given its central location and strong tourism demand. With a gross yield of 3.8% and a high neighbourhood rating of 85/100, it stands to attract a consistent flow of tourists. Long-term rental A long-term rental strategy would also be a viable option for this apartment, as the demand for housing in Lisbon remains robust in the urban centre. The 3.8% yield, combined with a condition score of 83/100, indicates that this property is well-positioned to appeal to long-term tenants seeking quality living spaces. Buy-and-hold Adopting a buy-and-hold strategy could yield potential benefits due to Lisbon's steady property appreciation, reinforced by the property's fair value assessment. Although priced at €420,000, which is just 5.5% below the fair value, holding this asset can provide stability in an increasingly desirable neighbourhood. Not ideal for student housing Given the apartment's high condition rating and strong location, it is not ideally suited for student housing purposes, where lower rental rates and turnover are often prevalent. The robust tourist market and demand for quality long-term rentals make it a less favorable choice for this segment. Not ideal for industrial property This property is clearly not appropriate for industrial usage, as its residential design and central urban setting cater more to housing needs rather than commercial or industrial operations. The high demand for residential apartments in Lisbon further supports its use in the housing market, reinforcing its status as a valued residential space.
Tenant turnover risk With a tenant stability score of 70/100, there is a notable risk of increased tenant turnover, which may lead to potential income instability and higher vacancy rates.
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