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 184 m² on the 1st floor, built in 1900, energy rating A. Located Estrela parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment includes a large private terrace, perfect for outdoor entertaining and enjoying panoramic views of Estrela's historic skyline.
The valuation. The asking price of €890,000 sits €401,538 (31.1%) below the fair value of €1,291,538, indicating that the property is subvalued and presents a unique investment opportunity. Buy-to-flip angle. With the potential for strategic renovations, investors can capitalize on the valuation discrepancy by upgrading key features to enhance appeal and achieve a profitable resale in a lucrative market. Buy-to-let angle. Aiming for long-term rentals, the property offers an estimated monthly rental income of €2,892, presenting a gross yield of 3.9%, making it an attractive option for generating steady cash flow in a desirable Lisbon neighborhood.
Fair value modelled at €1,291,538 from 6 comparable sales in the area. Asking €890,000 sits €401,538 (31.1%) below — the upside to fair value.
Asking €890,000 versus the Estrela, Lisbon, Lisbon area baseline of €1,162,536 (€6,318/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €1,162,536, adjusted for condition and micro-location, gives a modelled fair value of €1,291,538 (€7,019/m²), a €401,538 (31.1%) gap versus the €890,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estrela · 5ece9e | Subject | €890,000 | €4,837 | — | 83 | 80 |
| largo do Rato | Active | €850,000 | €6,538 | 35.2% | 88 | 83 |
| rua Rodrigo da Fonseca | Active | €1,090,000 | €8,015 | 65.7% | 80 | 82 |
| rua Cecílio de Sousa | Active | €600,000 | €7,500 | 55.1% | 78 | 84 |
| Campolide · 6a9238 | Active | €595,000 | €5,409 | 11.8% | 80 | 81 |
| Median comp | €725,000 | €7,019 | 45.1% | 80 | 83 |
Long-term rental This property in Estrela is poised for strong long-term rental demand due to its desirable location near amenities and job opportunities, making it an excellent investment prospect. With a fair value that exceeds the listing price by 31.1%, investors can expect solid returns over time, especially given the 3.9% gross yield. Buy-and-hold Considering the fair market value is significantly higher than the asking price, this buy-and-hold strategy allows for potential appreciation in a consistently desirable neighborhood. The combination of low crime rates and quality tenant demographics enhances the outlook for sustained occupancy and revenue. Family rental This spacious 2-bed apartment is ideal for family rentals, given its generous size of 184m² and proximity to essential amenities that support family living. With the property being subvalorizada, families seeking stable, long-term housing will likely find this an attractive option in the Estrela region.
Economic Vulnerability The property has a relatively high economic stability score of 80, but a tenant stability score of only 75, indicating potential challenges in retaining quality tenants which may impact rental income and overall property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
