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 37 m², built in 2009, energy rating D. Located Santa Maria Maior parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment boasts an AL license, making it a prime candidate for short-term rental investment in one of Lisbon's most vibrant neighborhoods, Alfama.
The valuation. The asking price of €370,000 is significantly above the fair value of €243,574, suggesting an overvaluation of €126,426 (51.9%). This price point does not reflect a prudent investment opportunity. Buy-to-flip angle. A buy-to-flip strategy could entail renovations to enhance appeal, given the solid condition yet modern offerings, potentially allowing for a profitable resale within a favorable market climate. Buy-to-let angle. With a gross yield of 3.1%, estimated rental income of €956 per month indicates a modest return; however, the property's prime location in Lisbon presents potential for price appreciation and rental demand over time.
Fair value modelled at €243,574 from 6 comparable sales in the area. Asking €370,000 sits €126,426 (51.9%) above — overpriced versus fair value.
Asking €370,000 versus the Santa Maria Maior, Lisbon, Lisbon area baseline of €231,404 (€6,254/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €231,404, adjusted for condition and micro-location, gives a modelled fair value of €243,574 (€6,583/m²), a €126,426 (51.9%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Maria Maior · 5e6454 | Subject | €370,000 | €10,000 | — | 76 | 80 |
| beco do Penabuquel, 18 | Active | €325,000 | €7,558 | 24.4% | 78 | 82 |
| rua de São Lázaro | Active | €280,000 | €6,364 | 36.4% | 75 | 81 |
| Santa Maria Maior · 1e61eb | Active | €320,000 | €5,926 | 40.7% | 75 | 83 |
| Santa Maria Maior · 3a746c | Active | €325,000 | €6,771 | 32.3% | 73 | 81 |
| Median comp | €322,500 | €6,568 | 34.3% | 75 | 82 |
Long-term rental The current listing price of €370,000 represents a substantial premium to its fair value of €243,574, indicating that the property is overpriced. With a gross yield of 3.1%, the potential income does not justify the high entry cost, reducing its attractiveness for long-term rental investments. Short-term vacation rental At €370,000, this 1-bed apartment is priced 51.9% higher than its fair value, which poses a significant risk for investors looking to capitalize on short-term vacation rentals. Despite the favorable condition and neighbourhood scores, the inflated purchase price limits profitability prospects in this competitive market. Buy-and-hold The vast gap between the listing price of €370,000 and the fair value of €243,574 indicates that this property is overpriced for a buy-and-hold strategy. Investors may struggle to achieve satisfactory returns given the low gross yield of 3.1% in the current market environment.
Tenant turnover risk: A tenant stability score of 65/100 indicates a potential for higher tenant turnover, which could affect rental income reliability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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