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, 1-bathroom apartment of 92 m² on the 1st floor, built in 1935, energy rating D. Located on rua Luís Derouet, 5, Campo de Ourique parish, Lisbon municipality, Lisbon district. Noteworthy Feature: The apartment retains its original 1935-era architectural details, including intricate carpentry and decorative ceiling elements, harmonizing modern comfort with historical charm.
The valuation. The asking price of €645,000 is significantly above the fair value of €502,033, making it overpriced by €142,967 (28.5%). This suggests potential challenges for investors seeking immediate equity gains. Buy-to-flip angle. A buy-to-flip strategy could involve minimal renovations to leverage the property's solid mid-range quality, aiming for a quick resale at a higher price point reflective of Lisbon’s market demand. Buy-to-let angle. For a buy-to-let approach, the estimated monthly rental income of €1,666 leads to a gross yield of 3.1%, suggesting steady cash flow but moderate returns compared to the initial investment.
Fair value modelled at €502,033 from 6 comparable sales in the area. Asking €645,000 sits €142,967 (28.5%) above — overpriced versus fair value.
Asking €645,000 versus the rua Luís Derouet, 5 area baseline of €493,778 (€5,367/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 €493,778, adjusted for condition and micro-location, gives a modelled fair value of €502,033 (€5,457/m²), a €142,967 (28.5%) gap versus the €645,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luís Derouet, 5 | Subject | €645,000 | €7,011 | — | 72 | 85 |
| rua Vicente Borga | Active | €310,000 | €4,429 | 36.8% | 58 | 85 |
| Estrela · 6a91d9 | Active | €620,000 | €5,962 | 15.0% | 68 | 82 |
| rua Frei Bartolomeu dos Mártires, 7, 1º | Active | €359,000 | €5,358 | 23.6% | 72 | 76 |
| rua do Sol | Active | €284,000 | €4,733 | 32.5% | 70 | 83 |
| Median comp | €334,500 | €5,046 | 28.0% | 69 | 83 |
Buy-and-hold This strategy may yield modest long-term appreciation given the property's 28.5% gap from fair value of €502,033, indicating it is priced at €645,000. With a gross yield of 3.1% and a solid neighborhood score of 85/100, the property has potential, though current pricing suggests a cautious approach. Family rental This property offers a decent environment for families, given its neighborhood rating of 85/100 and positive amenities, though at a price point that appears excessive when compared to its fair value. The 3.1% yield indicates potential for consistent rental income, yet the overall entry cost could limit long-term profitability. Long-term rental As a long-term rental, the apartment presents stable demand due to its proximity to Lisbon's center and a neighborhood rating of 85/100, but the current valuation is substantially above fair value, making it less attractive. The gross yield of 3.1% may not compensate for the overpriced entry point, thus requiring reconsideration before committing to this strategy.
Economic Sensitivity The high Economic stability score of 90/100 suggests resilience, but any downturn could dramatically impact tenant stability, currently at 85/100, leading to potential vacancies and decreased 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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