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, 2-bathroom apartment of 150 m². Located on travessa do Jardim, 33, Estrela parish, Lisbon municipality, Lisbon district. Noteworthy Features: The property boasts a multifunctional second bedroom designed as a versatile studio space, alongside a covered outdoor patio ideal for urban relaxation. Design Excellence: Architecturally crafted by Aires Mateus, renowned for creating light-filled and thoughtfully structured spaces.
The valuation. The asking price of €685,000 sits only €5,683 (0.8%) above the fair value of €679,317, indicating this property is priced fairly in the current market.
Fair value modelled at €679,317 from 6 comparable sales in the area. Asking €685,000 sits €5,683 (0.8%) above — overpriced versus fair value.
Asking €685,000 versus the travessa do Jardim, 33 area baseline of €613,593 (€4,091/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 €613,593, adjusted for condition and micro-location, gives a modelled fair value of €679,317 (€4,529/m²), a €5,683 (0.8%) gap versus the €685,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa do Jardim, 33 | Subject | €685,000 | €4,567 | — | 80 | 84 |
| rua Ferreira Lapa Entre Marques de Pombal | Active | €570,000 | €5,588 | 22.4% | 75 | 82 |
| Estrela · 5b88ad | Active | €459,000 | €3,825 | 16.2% | 80 | 79 |
| rua Carlos Conde S / N | Active | €270,000 | €3,553 | 22.2% | 80 | 81 |
| Santo António · 8ee69e | Active | €675,000 | €5,233 | 14.6% | 75 | 79 |
| Median comp | €514,500 | €4,529 | 0.8% | 78 | 80 |
Long-term rental Given the fair valuation of this 2-bed apartment in Estrela, the expected gross yield of 3.9% aligns well with current market expectations for long-term rentals. The property's condition score of 79/100, combined with a neighbourhood rating of 84/100, suggests it can attract quality tenants, maintaining steady rental income. Buy-and-hold This property presents a reasonable opportunity for a buy-and-hold strategy, as it is valued fairly at €685,000 with only a 0.8% gap from its fair value. The strong neighbourhood rating of 84/100 indicates potential for value stability and growth over time, reflecting a sound long-term investment. Luxury market In the context of the luxury market, this 2-bed apartment's fair value at €685,000 suggests it doesn't present an attractive opportunity for capital appreciation. The relatively low yield of 3.9% indicates that while it may fit nominal luxury standards, the price does not justify a stronger investment case in the high-end segment. Not ideal for student housing This property is not suitable for student housing given its pricing and the expectations for returns in that market segment. The quality of the location and amenities, while solid, fails to provide a compelling value proposition for converting this apartment into a student rental.
Tenant turnover risk With a tenant stability score of 70/100, there may be a higher likelihood of tenant turnover, which could lead to increased vacancy periods and a potential decrease in rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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