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 43 m² on the 2nd floor. Located on rua Manuel Bernardes, 36, Misericórdia parish, Lisbon municipality, Lisbon district. The apartment features a private balcony, ideal for enjoying Lisbon's sunshine, and comes with high-end smart home technology for energy efficiency.
The valuation. The asking price of €275,000 is €14,154 (5.4%) above the fair value of €260,846, indicating that the property is priced fairly in the current market. Buy-to-flip angle. Given the high demand and desirable location in central Lisbon, a resale strategy targeting the luxury market could yield significant returns for an investor in a relatively short timeframe. Buy-to-let angle. With an estimated gross yield of 4.7% and monthly rental income of €1,077, this 1-bed apartment offers solid cash flow potential for long-term rental stability in a thriving neighborhood.
Fair value modelled at €260,846 from 6 comparable sales in the area. Asking €275,000 sits €14,154 (5.4%) above — overpriced versus fair value.
Asking €275,000 versus the rua Manuel Bernardes, 36 area baseline of €242,768 (€5,646/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €242,768, adjusted for condition and micro-location, gives a modelled fair value of €260,846 (€6,066/m²), a €14,154 (5.4%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Bernardes, 36 | Subject | €275,000 | €6,395 | — | 72 | 90 |
| Penha de França · 8313f8 | Active | €360,000 | €5,143 | 19.6% | 75 | 89 |
| Avenidas Novas · 190967 | Active | €425,000 | €6,250 | 2.3% | 72 | 81 |
| calçada dos Mestres | Active | €400,000 | €5,882 | 8.0% | 71 | 80 |
| Misericórdia · 622a86 | Active | €270,000 | €6,923 | 8.3% | 72 | 91 |
| Median comp | €380,000 | €6,066 | 5.1% | 72 | 85 |
Long-term rental The apartment's yield of 4.7% gross suggests a stable income potential consistent with the demand for long-term rentals in central Lisbon. Given the strong tenant quality and well-rated neighborhood, it provides a reasonable investment aligned with the fair valuation. Buy-and-hold With a fair value assessment of €260,846 and a listing price of €275,000, this property presents a suitable opportunity for a buy-and-hold strategy within a neighborhood rated 90/100. The apartment's condition of 75/100 indicates potential for gradual appreciation over time, but the current pricing does not present an exceptional deal. Luxury market While positioned in a desirable location, the 1-bed apartment in Misericórdia does not stand out as a luxury investment given its fair valuation and market conditions. The solid amenities and high tenant quality might appeal to high-income earners, but the 5.4% gap from fair value implies it is properly priced rather than a luxury opportunity worth pursuing aggressively.
Potential economic downturn A rapid decline in economic stability from a high score of 90 could lead to reduced demand for rental properties, putting tenant stability at risk despite its current score of 85.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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