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, 2-bathroom duplex of 65 m², built in 2024, energy rating B. Located on rua da Atalaia, 88, Misericórdia parish, Lisbon municipality, Lisbon district. Location: This property boasts two balconies overlooking the vibrant streets of Bairro Alto, providing a perfect blend of indoor and outdoor living in a culturally rich environment.
The valuation. The asking price of €485,000 sits slightly above the fair value of €475,551, indicating a premium of €9,449 (2.0%). However, this position reflects a fair valuation overall within the Lisbon market. Buy-to-flip angle. A resale strategy could focus on appealing to luxury buyers, capitalizing on the property's high-quality finishes and sought-after location in central Lisbon. Targeting a price increase post-renovation could yield significant profits. Buy-to-let angle. This property offers a gross yield of 3.3%, with potential rental income of approximately €1,334 per month. Its modern design and attractive features make it a compelling option for long-term or short-term rentals in a desirable neighbourhood.
Fair value modelled at €475,551 from 6 comparable sales in the area. Asking €485,000 sits €9,449 (2.0%) above — overpriced versus fair value.
Asking €485,000 versus the rua da Atalaia, 88 area baseline of €440,721 (€6,780/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €440,721, adjusted for condition and micro-location, gives a modelled fair value of €475,551 (€7,316/m²), a €9,449 (2.0%) gap versus the €485,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Atalaia, 88 | Subject | €485,000 | €7,462 | — | 75 | 84 |
| rua das Taipas | Active | €735,000 | €7,500 | 0.5% | 76 | 83 |
| Misericórdia · 001812 | Active | €480,000 | €11,429 | 53.2% | 75 | 83 |
| rua Cecílio de Sousa | Active | €600,000 | €7,500 | 0.5% | 78 | 84 |
| rua da Atalaia, 88 | Active | €485,000 | €7,132 | 4.4% | 78 | 80 |
| Median comp | €542,500 | €7,500 | 0.5% | 77 | 83 |
Long-term rental The property in Misericórdia is positioned well for a long-term rental strategy, given its fair valuation at €485,000 and a solid gross yield of 3.3%. Its central location and appealing neighborhood score of 84/100 further enhance its attractiveness to long-term tenants despite the slight gap to fair value. Short-term vacation rental While the property’s condition rating of 82/100 offers a reasonable appeal for short-term vacation rentals, the pricing at €485,000 indicates the investment may not yield optimal returns. The 3.3% gross yield is competitive, but the proximity to attractions should be weighed against the less than average gap to fair value. Luxury market Entering the luxury market with this duplex could be a challenge given its fair valuation, as it does not stand out significantly in price relative to its features with a 2.0% gap. Additionally, the neighborhood's strong score of 84/100 supports luxury positioning, but the current pricing suggests limited room for elevated market perception. Not ideal for agricultural investments This property type, located in a central urban area, is not suited for agricultural investments due to its urban setting and usage as a residential duplex. As such, it lacks the space and zoning necessary to support agricultural endeavors. Not ideal for industrial development Given its nature as a residential duplex, this property does not align with the requirements for industrial development, specifically needing larger spaces and appropriate zoning. The current context of the neighborhood suggests a focus on residential rather than industrial uses. Not ideal for student housing While located in a desirable Lisbon neighborhood, the duplex is not ideally suited for student housing due to its limited size and higher price point compared to typical student accommodations. The appeal may be hindered by the property’s fair valuation, reducing its attractiveness to this demographic.
Tenant turnover risk High tenant turnover due to a tenant stability score of 70/100 may lead to increased vacancy rates and additional costs related to leasing and property management.
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