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 penthouse of 65 m² on the 3rd floor, built in 1950, energy rating B. Located on travessa da Palmeira, Misericórdia parish, Lisbon municipality, Lisbon district. Noteworthy Features: This penthouse offers an exclusive private rooftop terrace with panoramic views of Lisbon, enhancing both relaxation and entertainment options in a vibrant neighborhood.
The valuation. The asking price of €500,000 is significantly below the fair value of €644,922, indicating it is underpriced by €144,922 (22.5%). This presents an advantageous opportunity for potential investors.
Fair value modelled at €644,922 from 6 comparable sales in the area. Asking €500,000 sits €144,922 (22.5%) below — the upside to fair value.
Asking €500,000 versus the travessa da Palmeira area baseline of €604,081 (€9,294/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €604,081, adjusted for condition and micro-location, gives a modelled fair value of €644,922 (€9,922/m²), a €144,922 (22.5%) gap versus the €500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa da Palmeira | Subject | €500,000 | €7,692 | — | 80 | 82 |
| rua do In Estrela | Active | €505,000 | €7,014 | 8.8% | 79 | 82 |
| Arroios · 28ba0d | Active | €630,000 | €9,844 | 28.0% | 80 | 80 |
| travessa da Fábrica das Sedas, 2 | Active | €540,000 | €10,000 | 30.0% | 78 | 81 |
| avenida Almirante Reis | Active | €360,000 | €6,000 | 22.0% | 80 | 85 |
| Median comp | €522,500 | €8,429 | 9.6% | 80 | 82 |
Long-term rental The 1-bed penthouse is positioned favorably for long-term rentals, particularly given its competitive gross yield of 3.2% in a neighborhood rated 82/100. With a fair value substantially higher than the listing price, this property represents a solid opportunity for sustained rental income. Short-term vacation rental In a prime location with high tourism influx, the property is well-suited for short-term vacation rentals, enhancing its revenue potential. The robust local economy and excellent amenities further support the viability of this investment strategy, making it a desirable offering for tourists. Buy-and-hold Investing in the 1-bed penthouse as a buy-and-hold strategy would likely prove advantageous, given its appreciation potential and current subvalorizada status. The property’s condition rating of 83/100 indicates it is ready for immediate occupancy, appealing to quality tenants seeking long-term housing options.
Tenant Default Risk There is a notable risk of tenant turnover or default, given the tenant stability score of 60/100, which indicates potential challenges in maintaining consistent rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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