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 81 m² on the 1st floor, energy rating D. Located on travessa do Cabral, 46, Misericórdia parish, Lisbon municipality, Lisbon district. Unique feature: The apartment's active Local Accommodation License (AL) provides immediate income-generating potential, making it an ideal investment in one of Lisbon's most desirable neighborhoods.
The valuation. The asking price of €397,000 is positioned slightly below the fair value of €412,609, indicating a fair assessment with a difference of €15,609 (3.8%). The property reflects a reasonable investment opportunity in today's market.
Fair value modelled at €412,609 from 6 comparable sales in the area. Asking €397,000 sits €15,609 (3.8%) below — the upside to fair value.
Asking €397,000 versus the travessa do Cabral, 46 area baseline of €339,210 (€4,188/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €339,210, adjusted for condition and micro-location, gives a modelled fair value of €412,609 (€5,094/m²), a €15,609 (3.8%) gap versus the €397,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa do Cabral, 46 | Subject | €397,000 | €4,901 | — | 76 | 81 |
| Campolide · 6c789a | Active | €360,000 | €5,455 | 11.3% | 70 | 82 |
| rua Típica de Lisboa | Active | €315,000 | €5,526 | 12.8% | 70 | 77 |
| rua Maria Machado, 6 | Active | €345,000 | €3,594 | 26.7% | 78 | 75 |
| rua António Luís Inácio | Active | €355,000 | €6,121 | 24.9% | 74 | 82 |
| Median comp | €350,000 | €5,491 | 12.0% | 72 | 80 |
Long-term rental A long-term rental strategy offers consistent cash flow with a gross yield of 4.7%, which aligns well with the current market conditions in central Lisbon. Given the apartment's fair valuation at €397,000, this strategy can provide stable returns without significant downside risks. Short-term vacation rental The apartment's location in a vibrant neighborhood with a score of 81/100 positions it well for short-term vacation rentals, appealing to tourists seeking central Lisbon experiences. However, with the property priced at €397,000, the investment does not exhibit strong growth potential relative to its fair value, suggesting caution when pursuing this strategy. Buy-and-hold With a fair valuation at €397,000 compared to the fair value of €412,609, this buy-and-hold strategy may offer satisfactory returns over the long term but comes with limited upside given the proximity to its fair market price. The apartment’s decent yield and solid neighborhood rating indicate potential for appreciation, but the current valuation suggests a more careful investment approach is warranted. Not ideal for student housing The apartment is not an optimal choice for student housing given its fair valuation and the limited expected growth in demand within this market segment. With the current price and neighborhood attributes, alternative rental strategies will likely be more beneficial.
Tenant turnover risk High tenant turnover, indicated by a tenant stability score of 60/100, may lead to increased vacancy periods and unexpected costs in tenant replacement and property management.
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