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 123 m² on the 2nd floor, energy rating C. Located on travessa do Carmo N1, Santa Maria Maior parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment includes a designated parking space and boasts large windows that enhance the spaciousness while providing impressive views of the historic Chiado district.
The valuation. The asking price of €900,000 sits significantly below its fair value of €1,146,550, making this property subvalued by €246,550 (21.5%). This attractive pricing presents a solid opportunity for savvy investors.
Fair value modelled at €1,146,550 from 6 comparable sales in the area. Asking €900,000 sits €246,550 (21.5%) below — the upside to fair value.
Asking €900,000 versus the travessa do Carmo N1 area baseline of €1,111,943 (€9,040/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €1,111,943, adjusted for condition and micro-location, gives a modelled fair value of €1,146,550 (€9,322/m²), a €246,550 (21.5%) gap versus the €900,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa do Carmo N1 | Subject | €900,000 | €7,317 | — | 73 | 81 |
| rua de Campolide | Active | €468,000 | €5,778 | 21.0% | 74 | 79 |
| travessa do Carmo, 11 | Active | €750,000 | €10,000 | 36.7% | 80 | 81 |
| rua Duque de Palmela | Active | €528,000 | €10,154 | 38.8% | 80 | 90 |
| avenida D. Carlos | Active | €765,000 | €9,217 | 26.0% | 75 | 84 |
| Median comp | €639,000 | €9,609 | 31.3% | 78 | 83 |
Long-term rental The 1-bed apartment in Santa Maria Maior is currently priced at €900,000, presenting a fair value gap of 21.5%, indicating the property is subvalued. With a gross yield of 2.7%, this investment is likely to provide consistent returns in a high-demand market. Short-term vacation rental Given the fair value of €1,146,550 versus the listing price of €900,000, this apartment is positioned for strong performance in the short-term rental market. The appealing location in central Lisbon, alongside a neighbourhood score of 81/100, enhances its attractiveness for tourists, bolstering potential rental income. Buy-and-hold Investing in this property offers a unique long-term strategy due to the discrepancy between its market price and fair value, rendering it a compelling buy-and-hold opportunity. The strong economic activities and low crime rates in Lisbon indicate a stable environment for longer-term appreciation and capital gains.
Tenant turnover risk The tenant stability score of 70/100 indicates a potential for higher tenant turnover, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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