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 110 m² on the 3rd floor, built in 1937, energy rating D. Located Estrela parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment retains original architectural details, such as ornate moldings and large windows that provide ample natural light, enhancing its charm and character.
The valuation. The asking price of €550,000 is slightly below the fair value of €560,465, positioning the property as fairly priced at a 1.9% discount. This suggests a balanced market evaluation. Buy-to-flip angle. A buy-to-flip strategy could yield substantial returns with renovations, appealing to young professionals and families seeking modernized living spaces in Estrela. Given the current valuation, incremental upgrades can realize an attractive resale value. Buy-to-let angle. The estimated rental income of €1,833 per month implies a gross yield of 4%, making this 2-bed, 1-bath apartment an appealing option for long-term rental. The property’s proximity to key amenities enhances its desirability for family rentals.
Fair value modelled at €560,465 from 6 comparable sales in the area. Asking €550,000 sits €10,465 (1.9%) below — the upside to fair value.
Asking €550,000 versus the Estrela, Lisbon, Lisbon area baseline of €537,291 (€4,884/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €537,291, adjusted for condition and micro-location, gives a modelled fair value of €560,465 (€5,095/m²), a €10,465 (1.9%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estrela · 133b50 | Subject | €550,000 | €5,000 | — | 70 | 79 |
| rua Comandante António Feio | Active | €218,000 | €3,028 | 39.4% | 75 | 83 |
| Ajuda · 38b5b6 | Active | €380,000 | €4,634 | 7.3% | 70 | 82 |
| Misericórdia · 8317f7 | Active | €544,500 | €5,613 | 12.3% | 75 | 95 |
| largo de Camões no Chiado | Active | €544,500 | €5,556 | 11.1% | 72 | 81 |
| Median comp | €462,250 | €5,095 | 1.9% | 74 | 83 |
Long-term rental This property in Estrela, Lisbon offers a gross yield of 4%, making it suitable for steady income from long-term tenants. With a fair value gap of only 1.9%, the investment aligns well with market expectations while providing a desirable living environment. Buy-and-hold Given its fair valuation at €550,000, this apartment serves as a solid buy-and-hold opportunity with potential for long-term appreciation. The 79/100 neighbourhood rating reflects a robust local market, ensuring continued demand for residential units. Family rental The 110m² layout and strong educational infrastructure nearby make this property ideal for family rentals, catering to suitable tenant demographics. Its good condition, rated at 75/100, provides a comfortable living situation that families look for, aligning well with market trends in the area.
Tenant turnover risk: With a tenant stability score of 70/100, there's a moderate risk of increased tenant turnover, which could lead to higher vacancy rates and associated costs for the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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