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.
3-bedroom, 1-bathroom apartment of 115 m², energy rating D. Located Estrela parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment boasts a stunning 3m ceiling height and original ornate ceilings, enhancing its spaciousness and historical charm in a prime Estrela location.
The valuation. The asking price of €738,000 sits slightly above the fair value of €720,347, representing a difference of €17,653 (2.5%). This property is deemed fairly priced in the current market. Buy-to-flip angle. Given the high-quality finishes, there’s potential for a quick resale at a higher price, targeting a well-informed buyer eager for a move-in-ready home. Buy-to-let angle. The estimated rental income of approximately €1,906 per month offers a gross yield of 3.1%, making this property an attractive option for long-term rental investment.
Fair value modelled at €720,347 from 6 comparable sales in the area. Asking €738,000 sits €17,653 (2.5%) above — overpriced versus fair value.
Asking €738,000 versus the Estrela, Lisbon, Lisbon area baseline of €678,926 (€5,904/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 €678,926, adjusted for condition and micro-location, gives a modelled fair value of €720,347 (€6,264/m²), a €17,653 (2.5%) gap versus the €738,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estrela · 5b878c | Subject | €738,000 | €6,417 | — | 74 | 82 |
| rua dos Quartéis, 58 | Active | €375,000 | €6,250 | 2.6% | 80 | 80 |
| Almada, Cova da Piedade, Pragal e Cacilhas · ade5f4 | Active | €285,000 | €4,191 | 34.7% | 74 | 80 |
| rua da Hera, 23 | Active | €565,000 | €6,278 | 2.2% | 80 | 83 |
| praça da Alegria | Active | €1,000,000 | €7,407 | 15.4% | 80 | 90 |
| Median comp | €470,000 | €6,264 | 2.4% | 80 | 82 |
Long-term rental The property presents a gross yield of 3.1%, which aligns with the overall rental market in Estrela. Given the location's high demand and satisfactory condition rating of 79/100, it may be a stable option for long-term tenants. Short-term vacation rental Although the investment opportunity boasts potential in the vacation rental market due to its location, the yield of 3.1% signals a lukewarm return. The apartment's condition and a neighborhood score of 82/100 may attract some short-term rentals, yet it does not present a compelling opportunity for aggressive investment. Buy-and-hold As a buy-and-hold strategy, this property matches the fair value of €738,000 with a minimal gap to fair value at 2.5%. Considering the ongoing demand in Lisbon, this investment could provide steady appreciation over time, although the current yield does not excite immediate prospects for cash flow enhancement.
Potential tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of turnover, which could lead to temporary vacancies 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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