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, 1-bathroom apartment of 66 m² on the 1st floor, energy rating D. Located on rua da Palma, 13, Santa Maria Maior parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment boasts a charming balcony overlooking a quiet street, providing a peaceful outdoor space in the heart of Lisbon's vibrant Arroios district.
The valuation. The asking price of €600,000 sits significantly above the fair value of €342,320, indicating a markup of €257,680, or 75.3%. Verdict: overpriced. Buy-to-flip angle. With the property’s current condition rated at 0/100, a buy-and-flip strategy would require substantial renovations to align the apartment with market expectations. Buy-to-let angle. The estimated gross yield is 2.7% at €1,350 per month, typical for Lisbon's central area, suggesting limited rental income potential given the high acquisition cost.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Palma, 13 | Subject | €600,000 | €9,091 | — | — | 86 |
| rua dos Anjos | Active | €270,000 | €4,091 | 55.0% | — | 90 |
| rua Dom Domingos Jardo | Active | €220,000 | €3,333 | 63.3% | — | 90 |
| rua Afonso Domingues, 3 | Active | €397,000 | €5,293 | 41.8% | — | 80 |
| rua dos Cortes Reais | Active | €350,000 | €7,000 | 23.0% | — | 79 |
| Median comp | €310,000 | €4,692 | 48.4% | — | 85 |
Long-term rental The 2-bed apartment in Santa Maria Maior presents a yield of only 2.7%, making it an unattractive investment as the price significantly exceeds its fair value by 75.3%. Given the property is listed at €600,000 while its fair value is €342,320, investors should be cautious as long-term rental returns are unlikely to justify this premium. Short-term vacation rental Although the neighborhood boasts an attractive score of 86/100, the apartment's high asking price of €600,000 severely limits profitability for short-term vacation rentals. With a fair value determined at €342,320, the significant gap of 75.3% indicates that potential returns may not sufficiently mitigate the initial investment risk. Buy-and-hold Investing in the buy-and-hold strategy for this apartment is not advisable, as the property is priced above its fair value by 75.3%, indicating overvaluation risks. The gross yield of 2.7% is insufficient to enhance attractiveness over the long term, suggesting a lack of financial viability in holding this asset through market fluctuations.
Economic downturn risk A slight economic downturn could impact the tenant stability score, currently at 80/100, leading to increased vacancy rates and decreased rental income.
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
