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, energy rating D. Located on beco do Penabuquel, 18, Santa Maria Maior parish, Lisbon municipality, Lisbon district. This top-floor apartment offers excellent river views, enhancing its appeal for both long-term occupancy and as a licensed Local Accommodation with a proven rental history.
The valuation. The asking price of €298,000 is slightly above the fair value of €282,391 by €15,609, representing a 5.5% premium. This property is assessed to be at a fair valuation overall. Buy-to-flip angle. The property presents a buy-to-flip strategy by enhancing its value through minor renovations and marketing it to tech professionals or investors attracted to its modern elements. This could yield a profitable resale price in the luxury market. Buy-to-let angle. Focusing on long-term rental, the property is expected to command a monthly rental income of approximately €1,018, resulting in a gross yield of 4.1%. The desirable location near Lisbon’s city center supports steady tenant demand and occupancy rates.
Fair value modelled at €282,391 from 6 comparable sales in the area. Asking €298,000 sits €15,609 (5.5%) above — overpriced versus fair value.
Asking €298,000 versus the beco do Penabuquel, 18 area baseline of €267,515 (€6,221/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €267,515, adjusted for condition and micro-location, gives a modelled fair value of €282,391 (€6,567/m²), a €15,609 (5.5%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| beco do Penabuquel, 18 | Subject | €298,000 | €6,930 | — | 82 | 78 |
| Santa Maria Maior · 5e6454 | Active | €370,000 | €10,000 | 44.3% | 76 | 80 |
| beco do Penabuquel, 18 | Active | €325,000 | €7,558 | 9.1% | 78 | 82 |
| rua de São Lázaro | Active | €280,000 | €6,364 | 8.2% | 75 | 81 |
| Santa Maria Maior · 1e61eb | Active | €320,000 | €5,926 | 14.5% | 75 | 83 |
| Median comp | €322,500 | €6,961 | 0.4% | 76 | 82 |
Long-term rental Given the yield of 4.1% gross, the 1-bed apartment in Santa Maria Maior is positioned to generate stable rental income, aligning well with the market's relatively balanced demand and supply dynamics. The fair valuation suggests that long-term investment in this property can be beneficial, yet it's essential to closely monitor market trends to ensure value remains consistent. Buy-and-hold This property shows a fair value alignment, suggesting that a buy-and-hold strategy could provide moderate capital appreciation over time, though investor returns may not exceed expectations significantly. The condition and neighborhood scores indicate that this asset could maintain its value, offering reasonable long-term stability in the Lisbon market without expectations of drastic price increases. Luxury market While the apartment's location in Santa Maria Maior attracts a certain appeal, the current fair valuation indicates that it may not be ideal for immediate luxury market investment strategies. The competitive landscape of Lisbon's luxury segment suggests that higher-end buyers will seek properties with stronger value gaps, which this property does not present at this time. Not ideal for student housing With a fair value judgment, the property may not cater well to the student housing market where pricing and demand volatility are common. Although situated near the city center, attributes such as yield and neighborhood ratings suggest a mismatch for long-term student rental potential, making it less suitable for this demographic.
Tenant turnover risk The tenant stability score of 65/100 indicates a moderate likelihood of turnover, which could disrupt cash flow and increase vacancy rates.
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