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 60 m² on the 1st floor, energy rating C. Located Santa Maria Maior parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment boasts a spacious private terrace of 36 m², ideal for entertaining, and is situated in the vibrant historic Alfama district, just minutes from São Jorge Castle.
The valuation. The asking price of €297,000 stands €119,776 below the fair value of €416,776, representing a 28.7% discount. This property is clearly underpriced in the current market.
Fair value modelled at €416,776 from 6 comparable sales in the area. Asking €297,000 sits €119,776 (28.7%) below — the upside to fair value.
Asking €297,000 versus the Santa Maria Maior, Lisbon, Lisbon area baseline of €415,962 (€6,933/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 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 €415,962, adjusted for condition and micro-location, gives a modelled fair value of €416,776 (€6,946/m²), a €119,776 (28.7%) gap versus the €297,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Maria Maior · 07fb42 | Subject | €297,000 | €4,950 | — | 45 | 81 |
| rua de Dona Estefânia, 124 | Active | €220,000 | €4,074 | 17.7% | 40 | 77 |
| rua Arco do Carvalhão, 3 | Active | €290,000 | €7,250 | 46.5% | 40 | 85 |
| Santo António · 875110 | Active | €290,000 | €5,800 | 17.2% | 42 | 88 |
| rua de São João da Praça, 43 | Active | €210,000 | €7,241 | 46.3% | 48 | 82 |
| Median comp | €255,000 | €6,521 | 31.7% | 41 | 84 |
Long-term rental With a fair value of €416,776, the 1-bed apartment in Santa Maria Maior is positioned significantly below market value, suggesting an attractive opportunity for long-term rental investment. The current yield of 4.6% gross, coupled with an 81/100 neighborhood rating, enhances its appeal to discerning tenants seeking a central location in Lisbon. Buy-and-hold Acquiring this property at €297,000 allows for substantial potential appreciation, given the fair value assessment indicates a 28.7% gap. The property’s favorable neighborhood grade of 81/100 suggests solid long-term growth prospects, making it a sound buy-and-hold investment. Short-term vacation rental The 1-bed apartment presents a compelling option for short-term vacation rental due to its prime location within central Lisbon, supported by a robust fair value of €416,776. With an attractive yield of 4.6% gross, this property is well-positioned to capitalize on the influx of tourists in the area, making it financially viable for short-term leasing strategies.
Tenant turnover risk The tenant stability score of 70/100 suggests a moderate risk of turnover, which could impact rental income and continuity.
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