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.
3-bedroom, 3-bathroom apartment of 381 m² on the 1st floor, built in 1997, energy rating C. Located Santa Maria Maior parish, Lisbon municipality, Lisbon district. Noteworthy Features: This luxurious triplex boasts a unique private terrace with the potential for a pool and a panoramic view of São Jorge Castle, enhancing the outdoor living experience.
The valuation. The asking price of €1,950,000 positions this property at an impressive 48.5% below its fair value of €3,787,101, indicating it is significantly underpriced.
Fair value modelled at €3,787,101 from 6 comparable sales in the area. Asking €1,950,000 sits €1,837,101 (48.5%) below — the upside to fair value.
Asking €1,950,000 versus the Santa Maria Maior, Lisbon, Lisbon area baseline of €3,618,852 (€9,498/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 88/100 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 €3,618,852, adjusted for condition and micro-location, gives a modelled fair value of €3,787,101 (€9,940/m²), a €1,837,101 (48.5%) gap versus the €1,950,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Maria Maior · 652ffc | Subject | €1,950,000 | €5,118 | — | 85 | 86 |
| Campo de Ourique · 96c1b0 | Active | €1,820,000 | €10,706 | 109.2% | 85 | 85 |
| Arroios · 1e64f3 | Active | €1,100,000 | €7,383 | 44.2% | 85 | 90 |
| Estrela · 4a4415 | Active | €2,380,000 | €12,332 | 140.9% | 88 | 80 |
| avenida Defensores de Chaves, 23 | Active | €3,050,000 | €13,319 | 160.2% | 82 | 79 |
| Median comp | €2,100,000 | €11,519 | 125.1% | 85 | 83 |
Long-term rental With a fair value of €3,787,101, this 3-bed apartment in Santa Maria Maior, currently listed at €1,950,000, presents a significant investment opportunity as it is subvalued by 48.5%. The property's gross yield of 4% is bolstered by its prime location near historical sites and a strong tenant quality in the area. Short-term vacation rental This apartment's proximity to cultural landmarks and amenities makes it well-suited for short-term vacation rental strategies, offering the potential for attractive returns. The current price reflects an appealing gap against its fair value of €3,787,101, suggesting a strong potential for appreciation and rental income. Buy-and-hold Given the significant valuation gap of 48.5%, acquiring this apartment as a long-term investment offers the benefit of immediate equity while enjoying a stable yield of 4%. Its excellent condition rating of 88/100 and desirable neighborhood attributes further enhance its appeal for a buy-and-hold strategy.
Tenant turnover risk The tenant stability score of 75/100 suggests a moderate risk of tenant turnover, which could lead to increased vacancy periods and fluctuating rental income.
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