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, 1-bathroom apartment of 116 m² on the 5th floor, energy rating C. Located on rua Bernardim Ribeiro, Santo António parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment boasts an impressive 18 m² terrace with panoramic views of Lisbon, enhancing both the aesthetic appeal and outdoor living experience. Condition Notes: High-quality finishes include microcement and stone surfaces, ensuring a stylish modern environment.
The valuation. The asking price of €649,000 sits €124,807 (16.1%) below the fair value of €773,807, indicating that the property is subvalued in the current market.
Fair value modelled at €773,807 from 6 comparable sales in the area. Asking €649,000 sits €124,807 (16.1%) below — the upside to fair value.
Asking €649,000 versus the rua Bernardim Ribeiro area baseline of €735,391 (€6,340/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 €735,391, adjusted for condition and micro-location, gives a modelled fair value of €773,807 (€6,671/m²), a €124,807 (16.1%) gap versus the €649,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Bernardim Ribeiro | Subject | €649,000 | €5,595 | — | 85 | 83 |
| Penha de França · 9372da | Active | €549,000 | €7,732 | 38.2% | 76 | 84 |
| rua Ferreira Lapa, 19 | Active | €580,000 | €6,374 | 13.9% | 82 | 88 |
| rua Marquesa de Alorna | Active | €485,000 | €5,511 | 1.5% | 75 | 83 |
| rua Prior do Crato | Active | €498,000 | €6,640 | 18.7% | 80 | 80 |
| Median comp | €523,500 | €6,507 | 16.3% | 78 | 84 |
Long-term rental This 2-bed apartment in Santo António represents a strategic opportunity for long-term rental, given its fair value of €773,807 versus the listing price of €649,000, indicating a 16.1% gap. The location benefits from a vibrant community and strong tenant demand, ensuring a steady yield of 3.9%. Buy-and-hold The property is a solid buy-and-hold strategy, as its favorable listing price reflects a substantial potential for appreciation in a central Lisbon neighborhood known for its cultural attractions. With a condition rating of 82/100 and a neighborhood score of 83/100, this investment not only holds long-term value but also caters to a diverse tenant pool. Short-term vacation rental Purchasing this apartment for short-term vacation rental purposes could leverage the strong tourism and expat influences in the area, enhancing overall returns due to its strategic location. The property’s gross yield of 3.9% provides an attractive return, supported by its good condition and neighborhood desirability. Not ideal for agricultural investment Given the urban setting of this property in central Lisbon, it is clear that agricultural investment is not feasible in this context. The urban infrastructure and cultural landscape do not align with agricultural opportunities. Not ideal for student housing As the location caters more toward tourists and expats, it may not serve as an ideal environment for student housing. The demographics in Santo António suggest that short-term occupancy would yield higher returns than accommodating students. Not ideal for industrial development The apartment’s setting in an urban area with a focus on residential and commercial spaces makes it unsuited for industrial development. The vibrant cultural scene and housing demand overshadow any potential for industrial opportunities in this locality.
Tenant turnover risk The tenant stability score of 70/100 indicates a higher likelihood of tenant turnover, which could lead to increased vacancy rates and loss of rental income.
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