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 60 m² on the 5th floor, built in 1890. Located on rua do Benformoso, 110, Santa Maria Maior parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment features a city-view balcony that enhances its charm and offers potential for outdoor relaxation, complementing the functional yet dated interior layout. Valuation Verdict: Fair
The valuation. The asking price of €250,000 sits significantly below the fair value of €373,000, creating a notable difference of €123,000 (33.0%). This property is considered underpriced and offers a compelling investment opportunity.
Fair value modelled at €373,000 from 6 comparable sales in the area. Asking €250,000 sits €123,000 (33.0%) below — the upside to fair value.
Asking €250,000 versus the rua do Benformoso, 110 area baseline of €363,331 (€6,056/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 is below the parish average, reducing 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 €363,331, adjusted for condition and micro-location, gives a modelled fair value of €373,000 (€6,217/m²), a €123,000 (33.0%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Benformoso, 110 | Subject | €250,000 | €4,167 | — | 62 | 83 |
| calçadinha de Santo Estêvão, 5 | Active | €290,000 | €4,833 | 16.0% | 68 | 86 |
| Misericórdia · 41ffe8 | Active | €310,000 | €8,857 | 112.6% | 70 | 84 |
| rua Barão de Sabrosa, 76 | Active | €380,000 | €7,600 | 82.4% | 62 | 83 |
| travessa do Terreiro a Santa Catarina, 48 | Active | €247,000 | €8,233 | 97.6% | 70 | 90 |
| Median comp | €300,000 | €7,917 | 90.0% | 69 | 85 |
Long-term rental The 1-bed apartment in Santa Maria Maior is offering a competitive yield of 5.5%, making it a solid choice for long-term rental investments. Given its central location and the neighborhood's high demand scoring 83/100, this property positions itself well for stable rental income dynamics. Short-term vacation rental With a fair value of €373,000 and pricing at €250,000, the apartment presents a significant opportunity for short-term vacation rentals, especially in a vibrant tourist area like Santa Maria Maior. The combination of high demand and favorable local conditions fosters a promising environment for maximizing rental returns in this segment. Luxury market Although the apartment is affordable relative to its fair value, the condition rating of 65/100 suggests that it may not meet the expectations typically held in the luxury market. While it holds potential in terms of location, further investment may be necessary to appeal to high-end clientele without showing immediate strength in this segment.
Tenant turnover risk The tenant stability score of 60/100 indicates a potential for higher turnover, which could lead to increased vacancy rates and associated costs in a stable economic environment with a score of 90/100.
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