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, 3-bathroom apartment of 165 m² on the 2nd floor, energy rating E. Located on rua da Esperança, 83, Estrela parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment boasts unique dual access points: elevated privacy from Calçada Marquês de Abrantes and direct street-level entry from Rua da Esperança, enhancing both convenience and exclusivity.
The valuation. The asking price of €975,000 is 3.8% below the fair value of €1,013,468, suggesting that the pricing is consistent with the market value and reflects a well-placed opportunity. Buy-to-flip angle. This property can be flipped for a profit due to its superior condition and location, capitalizing on Lisbon’s ongoing property demand with renovations likely yielding a higher resale price. Buy-to-let angle. The estimated rental income of €3,006 per month results in a gross yield of 3.7%, positioning this property as a reliable long-term investment in a stable economic area.
Fair value modelled at €1,013,468 from 6 comparable sales in the area. Asking €975,000 sits €38,468 (3.8%) below — the upside to fair value.
Asking €975,000 versus the rua da Esperança, 83 area baseline of €936,643 (€5,677/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €936,643, adjusted for condition and micro-location, gives a modelled fair value of €1,013,468 (€6,142/m²), a €38,468 (3.8%) gap versus the €975,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Esperança, 83 | Subject | €975,000 | €5,909 | — | 85 | 83 |
| avenida Miguel Torga, 8 | Active | €890,000 | €6,268 | 6.1% | 72 | 85 |
| rua Garcia de Orta, 31 | Active | €475,000 | €4,750 | 19.6% | 80 | 82 |
| rua das Trinas | Active | €620,000 | €6,889 | 16.6% | 82 | 81 |
| Penha de França · 828e87 | Active | €479,900 | €5,332 | 9.8% | 80 | 82 |
| Median comp | €549,950 | €5,800 | 1.8% | 80 | 82 |
Long-term rental Given the fair valuation of €975,000 against a fair value of €1,013,468, this property presents a stable long-term rental opportunity with a gross yield of 3.7%. The location in central Lisbon features high property demand and diverse economic opportunities, making it ideal for attracting quality tenants. Short-term vacation rental With a 3.7% gross yield and fair pricing, the 3-bed apartment can generate competitive returns as a short-term vacation rental in a highly sought-after neighborhood. Estrela's central location and tourist appeal ensure a strong potential for occupancy rates, although it remains essential to monitor local regulations. Buy-and-hold Investing in this 3-bed apartment as a buy-and-hold asset seems reasonable, given its fair valuation and the property condition of 82/100. The stable economic conditions in Estrela, along with the 83/100 neighborhood rating, support long-term capital appreciation prospects for such an investment.
Tenant turnover risk: With a tenant stability score of 70/100, there is a potential risk of increased turnover, which could lead to higher vacancy rates and associated costs for the property owner.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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