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 62 m² on the 1st floor, energy rating C. Located on largo do Carmo, Santa Maria Maior parish, Lisbon municipality, Lisbon district. This apartment benefits from its exclusive one-apartment-per-floor layout, enhancing privacy and offering a serene living experience in a vibrant cultural neighborhood of Lisbon.
The valuation. The asking price of €490,000 is significantly above the fair value of €394,475, representing an overvaluation of €95,525 (24.2%). This property is not considered a good investment opportunity due to its overpriced status.
Fair value modelled at €394,475 from 6 comparable sales in the area. Asking €490,000 sits €95,525 (24.2%) above — overpriced versus fair value.
Asking €490,000 versus the largo do Carmo area baseline of €374,050 (€6,033/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €374,050, adjusted for condition and micro-location, gives a modelled fair value of €394,475 (€6,363/m²), a €95,525 (24.2%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo do Carmo | Subject | €490,000 | €7,903 | — | 80 | 83 |
| beco do Carrasco, 10 | Active | €439,000 | €7,569 | 4.2% | 82 | 85 |
| travessa da Queimada, 19 | Active | €213,000 | €7,100 | 10.2% | 80 | 80 |
| rua da Misericórdia | Active | €334,900 | €8,373 | 5.9% | 80 | 78 |
| rua da Bela Vista À Graça, 140 | Active | €225,000 | €5,625 | 28.8% | 75 | 83 |
| Median comp | €279,950 | €7,335 | 7.2% | 80 | 82 |
Long-term rental The property is overpriced by 24.2% compared to its fair value of €394,475, which diminishes its appeal for long-term rental strategies. Additionally, the 3.1% gross yield may not be sufficient to justify the high purchase price relative to market expectations. Buy-and-hold Given that the property is priced at €490,000 against a fair value of €394,475, it poses a challenge for a buy-and-hold investment strategy due to its current overvaluation. The anticipated returns based on a gross yield of 3.1% appear limited when factoring in the property's substantial price gap. Family rental While the apartment is situated in a desirable neighborhood with a tenant quality rating of 83/100, its 24.2% price elevation over fair value makes it less attractive for family rental purposes. The high entry cost compared to expected returns may deter families seeking rental options in Lisbon's competitive market.
Economic Volatility Risk The property, despite a strong economic stability score of 85/100, could still face risks associated with unexpected downturns in the economy that impact overall rental demand.
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