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 71 m² on the 2nd floor, energy rating D. Located on calçada da Estrela, Estrela parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment boasts high ceilings and high-quality hardwood flooring, enhancing its modern appeal while maintaining a functional kitchen and bathroom with economy-grade materials.
The valuation. The asking price of €399,000 is slightly above fair value of €384,661, totaling a discrepancy of €14,339 (3.7%). This property is reasonably priced in the current market landscape.
Fair value modelled at €384,661 from 6 comparable sales in the area. Asking €399,000 sits €14,339 (3.7%) above — overpriced versus fair value.
Asking €399,000 versus the calçada da Estrela area baseline of €362,240 (€5,102/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €362,240, adjusted for condition and micro-location, gives a modelled fair value of €384,661 (€5,418/m²), a €14,339 (3.7%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| calçada da Estrela | Subject | €399,000 | €5,620 | — | 78 | 88 |
| Misericórdia · 8317f7 | Active | €544,500 | €5,613 | 0.1% | 75 | 95 |
| rua Comandante António Feio | Active | €218,000 | €3,028 | 46.1% | 75 | 83 |
| largo de Camões no Chiado | Active | €544,500 | €5,556 | 1.1% | 72 | 81 |
| Estrela · 133b50 | Active | €550,000 | €5,000 | 11.0% | 70 | 79 |
| Median comp | €544,500 | €5,278 | 6.1% | 74 | 82 |
Long-term rental The property is positioned within a desirable neighborhood with a rating of 88/100, suggesting a strong potential for attracting stable long-term tenants. With a gross yield of 4.3% and close proximity to Lisbon center, this apartment offers a balanced opportunity for steady rental income at a fair valuation. Short-term vacation rental While the location is appealing for short-term rentals due to its proximity to essential amenities, the property carries a fair valuation with only a 3.7% gap to fair value. The condition rating of 78/100 indicates it may require minimal adjustments to enhance its attractiveness in the competitive vacation rental market. Luxury market Although the property is situated in a well-rated neighborhood, its current pricing does not align with luxury market expectations, as it is fairly priced at €399,000 against a fair value of €384,661. The given condition and amenity access suggest it would not stand out as a premium offering in this market segment. Not ideal for student housing The property’s characteristics do not lend themselves to the student housing market, as its amenities and pricing don't cater to that demographic. Furthermore, the location, while desirable, is better suited to long-term or vacation renters, indicating a weaker demand among students.
Tenant turnover risk The tenant stability score of 80/100 indicates a moderate risk of tenant turnover, which could lead to increased vacancy rates and associated costs.
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