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 51 m². Located on rua do Mirante, São Vicente parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment offers the unique benefit of an upcoming renovation in the common areas, enhancing overall building infrastructure while allowing for complete interior redesign. Location: Nestled in São Vicente, it reflects traditional Lisbon charm with modern urban accessibility.
The valuation. The asking price of €195,000 is significantly below the fair value of €303,244, representing a discount of €108,244 (35.7%). This property is clearly underpriced, providing an attractive opportunity for potential investors.
Fair value modelled at €303,244 from 6 comparable sales in the area. Asking €195,000 sits €108,244 (35.7%) below — the upside to fair value.
Asking €195,000 versus the rua do Mirante area baseline of €314,368 (€6,164/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 20/100 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 €314,368, adjusted for condition and micro-location, gives a modelled fair value of €303,244 (€5,946/m²), a €108,244 (35.7%) gap versus the €195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Mirante | Subject | €195,000 | €3,824 | — | 15 | 85 |
| rua da Palmeira | Active | €265,000 | €6,310 | 65.0% | 15 | 90 |
| Penha de França · 0dcea1 | Active | €174,900 | €5,642 | 47.6% | 18 | 85 |
| rua Afonso Domingues, 36 | Active | €245,000 | €4,375 | 14.4% | 22 | 81 |
| rua Professor Mira Fernandes | Active | €295,000 | €4,470 | 16.9% | 28 | 80 |
| Median comp | €255,000 | €5,056 | 32.2% | 20 | 83 |
Long-term rental With a gross yield of 6.5%, this property presents a strong opportunity for stable income through long-term renting in a desirable central Lisbon district. The attractive neighbourhood rating of 85/100 suggests a high demand for rentals, positioning this apartment favorably within the market. Short-term vacation rental Given the central location and the high desirability of the area, this apartment is well-suited for short-term vacation rentals, potentially enhancing income opportunities. The gap versus fair value of 35.7% reflects an attractive entry point for investors looking to capitalize on this lucrative segment. Buy-and-hold This property could be a strategic buy-and-hold investment, benefiting from the constant demand in a vibrant neighbourhood with a solid rental yield. The price being significantly below fair value suggests long-term appreciation potential, making it a prudent choice for future growth. Not ideal for: Student housing Due to its size and market positioning, this apartment is not well-suited for the student housing market, where demands often exceed what this property can provide. Additionally, the condition rating of 20/100 indicates significant limitations for this demographic. Not ideal for: Value-add renovation While many properties in this market may benefit from value-add renovations, this apartment's substantial gap from fair value suggests that any investment in renovations may not be recoverable. The current condition score reinforces the notion that such efforts would not yield satisfactory returns for investors. Not ideal for: Rural retreat The property’s urban location in a central Lisbon district makes it unsuitable for a rural retreat strategy, which typically requires a more serene and expansive environment. The qualities that make the apartment attractive for urban living do not translate to a retreat-style investment.
Tenant turnover risk High tenant turnover can lead to unplanned vacancies and increased costs, as indicated by the tenant stability score of 75/100.
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