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.
1-bedroom, 1-bathroom apartment of 49 m² on the 3rd floor, energy rating A. Located on rua Mirante, 4, São Vicente parish, Lisbon municipality, Lisbon district. This apartment features a well-integrated workspace nook in the living area, ideal for remote work or study, enhancing its functionality for modern living.
The valuation. The asking price of €345,000 is significantly below the fair value of €510,000, sitting at a favorable discount of €165,000 (32.4%). The property is thus considered underpriced. Buy-to-flip angle. With the potential to renovate and modernize given its high-quality finishes, a strategic flip could yield substantial profits by capitalizing on the current undervaluation in the market. Buy-to-let angle. A rental strategy targeting long-term tenants could generate approximately €1,006/month, yielding a gross return of 3.5%, benefiting from Lisbon's appealing atmosphere and robust demand for rental properties in the area.
Fair value modelled at €510,000 from 5 comparable sales in the area. Asking €345,000 sits €165,000 (32.4%) below — the upside to fair value.
Asking €345,000 versus the rua Mirante, 4 area baseline of €495,715 (€10,117/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €495,715, adjusted for condition and micro-location, gives a modelled fair value of €510,000 (€10,408/m²), a €165,000 (32.4%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Mirante, 4 | Subject | €345,000 | €7,041 | — | 75 | 83 |
| rua de Santa Engrácia, 14 | Active | €390,000 | €7,959 | 13.0% | 80 | 86 |
| rua São José, 150 | Active | €510,000 | €11,591 | 64.6% | 73 | 89 |
| rua da Verónica, 50 | Active | €310,000 | €6,739 | 4.3% | 80 | 85 |
| rua Diogo do Couto, 3 | Active | €610,000 | €12,449 | 76.8% | 85 | 83 |
| Median comp | €450,000 | €9,775 | 38.8% | 80 | 86 |
Long-term rental This 1-bed apartment in São Vicente, priced at €345,000, is subvalorizada by 32.4% compared to its fair value of €510,000, making it an attractive option for consistent rental income. With a gross yield of 3.5% in a well-rated neighborhood (83/100), this investment has the potential for significant appreciation in a growing market. Buy-and-hold The current valuation of €345,000 for this apartment is considerably below its fair value of €510,000, offering a compelling long-term buy-and-hold opportunity. The apartment's condition score of 78/100 suggests it is in good shape, allowing for stable rental occupancy and eventual price appreciation. Short-term vacation rental Given the subvalorizada status of this property compared to its fair market value, investing in a short-term vacation rental could yield favorable returns. With its central location near amenities and a favorable neighborhood rating of 83/100, this apartment is poised to attract tourists seeking vibrant local experiences. Not ideal for: Luxury market This property is not suitable for the luxury market due to its current valuation and subvalorizada status. Potential investors should focus on its strengths in long-term rentals and vacation rentals rather than luxury positioning.
Tenant turnover risk The tenant stability score of 75/100 indicates a moderate risk of higher turnover rates, which could lead to increased vacancy periods and associated costs for the property owner.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
