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.
2-bedroom, 3-bathroom apartment of 145 m² on the 2nd floor, energy rating B. Located on praça da Alegria, Santo António parish, Lisbon municipality, Lisbon district. This apartment features award-winning architectural design and is located on a quiet street, providing a rare blend of tranquility in the bustling heart of Lisbon.
The valuation. The asking price of €1,399,000 sits 8.9% below the fair value of €1,535,189, indicating that this property is in line with its market worth. Buy-to-flip angle. A resale strategy could focus on the increasing demand for luxury apartments in Lisbon, leveraging the appealing features to target prospective buyers willing to invest at a premium. Buy-to-let angle. With an estimated monthly rental income of €2,681, the property offers a gross yield of 2.3%, making it an attractive option for long-term rental in a neighborhood with ongoing urban development.
Fair value modelled at €1,535,189 from 6 comparable sales in the area. Asking €1,399,000 sits €136,189 (8.9%) below — the upside to fair value.
Asking €1,399,000 versus the praça da Alegria area baseline of €1,473,687 (€10,163/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €1,473,687, adjusted for condition and micro-location, gives a modelled fair value of €1,535,189 (€10,588/m²), a €136,189 (8.9%) gap versus the €1,399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça da Alegria | Subject | €1,399,000 | €9,648 | — | 82 | 86 |
| rua do Crucifixo | Active | €980,000 | €7,778 | 19.4% | 80 | 80 |
| Santa Maria Maior · 49b89d | Active | €2,790,000 | €14,762 | 53.0% | 89 | 83 |
| Santa Maria Maior · 4bc154 | Active | €850,000 | €5,743 | 40.5% | 85 | 82 |
| rua do Salitre, 100 | Active | €1,595,000 | €10,850 | 12.5% | 75 | 78 |
| Median comp | €1,287,500 | €9,314 | 3.5% | 83 | 81 |
Long-term rental The property, while priced fairly, provides a low yield of 2.3%, which may limit cash flow for investors focused on this strategy. However, the strong demand for housing in central Lisbon suggests that long-term rental occupancy should remain stable. Buy-and-hold Given the fair valuation of €1,399,000 compared to the estimated fair value of €1,535,189, investors may find this property suitable for a buy-and-hold strategy. The combination of a good condition rating of 86/100 and a desirable neighborhood with a similar score enhances its potential for long-term appreciation. Luxury market In the competitive luxury market of Santo António, Lisbon, this property is priced fairly with a slight gap from its fair value, indicating it aligns with market expectations. Although it offers good living standards, potential investors should be cautious of the relatively low yield as it may not meet the expectations of luxury property investors seeking high returns.
Economic downturn risk A sudden economic downturn could jeopardize the high economic stability score of 90/100, potentially impacting rent collections despite the tenant stability score of 80/100.
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