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 penthouse of 456 m². Located Estrela parish, Lisbon municipality, Lisbon district. Stunning panoramic views from the private rooftop provide a breathtaking backdrop for outdoor living, enhancing the luxurious feel of this exclusive penthouse in Lapa, Lisbon.
The valuation. The asking price of €2,300,000 sits at €279,316 (10.8%) below the fair value of €2,579,316. This property is considered underpriced based on its location and quality.
Fair value modelled at €2,579,316 from 6 comparable sales in the area. Asking €2,300,000 sits €279,316 (10.8%) below — the upside to fair value.
Asking €2,300,000 versus the Estrela, Lisbon, Lisbon area baseline of €2,298,811 (€5,041/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €2,298,811, adjusted for condition and micro-location, gives a modelled fair value of €2,579,316 (€5,656/m²), a €279,316 (10.8%) gap versus the €2,300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estrela · f5eb47 | Subject | €2,300,000 | €5,044 | — | 80 | 83 |
| praça Espanha | Active | €600,000 | €2,913 | 42.3% | 80 | 90 |
| rua Prior Coutinho | Active | €530,000 | €6,163 | 22.2% | 75 | 84 |
| praça das Flores | Active | €710,000 | €6,339 | 25.7% | 86 | 90 |
| rua da Cruz a Alcântara S / N | Active | €515,000 | €5,150 | 2.1% | 75 | 80 |
| Median comp | €565,000 | €5,657 | 12.1% | 78 | 87 |
Long-term rental The 3-bed penthouse in Estrela, Lisbon, is currently underpriced at €2,300,000 compared to its fair value of €2,579,316, presenting a lucrative opportunity for long-term rental investors. With a robust gross yield of 6.9% and an impressive neighbourhood score of 83/100, this property offers both income potential and resident appeal. Buy-and-hold Investing in this penthouse aligns with a buy-and-hold strategy as it is underpriced by 10.8%, positioning it for considerable appreciation over time. The combination of its high condition rating of 85/100 and proximity to central Lisbon ensures that demand will continue to support value growth in the future. Luxury market The property serves as an attractive entry into the luxury market, as it is currently underpriced relative to its fair value of €2,579,316. With its spacious area of 456m² and appealing amenities in a well-rated neighbourhood, this penthouse presents a compelling opportunity for discerning buyers seeking premium real estate in Lisbon.
Tenant turnover risk The tenant stability score of 75/100 indicates a potential for higher turnover, which could lead to increased vacancy periods and additional costs related to tenant replacement.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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