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, 3-bathroom apartment of 111 m² on the 1st floor, built in 1951, energy rating D. Located Estrela parish, Lisbon municipality, Lisbon district. Noteworthy Feature: The apartment's unique architectural bones feature traditional wrought iron balconies and high ceilings that can be preserved during renovation to enhance its historical charm.
The valuation. The asking price of €750,000 is €64,752 (9.4%) above the fair value of €685,248, indicating that the property is fairly priced given its condition and location in Estrela, Lisbon. Buy-to-flip angle. Potential resale value can be enhanced by renovating the property’s interior, allowing for a strategic exit at a higher price targeting investors or owner-occupants looking for modern finishes. Buy-to-let angle. The estimated rental income of €2,000/month offers a gross yield of 3.2%, making it suitable for long-term leases or short-term vacation rentals in a mixed neighborhood with access to Lisbon's attractions.
Fair value modelled at €685,248 from 6 comparable sales in the area. Asking €750,000 sits €64,752 (9.4%) above — overpriced versus fair value.
Asking €750,000 versus the Estrela, Lisbon, Lisbon area baseline of €878,023 (€7,910/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 30/100 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 €878,023, adjusted for condition and micro-location, gives a modelled fair value of €685,248 (€6,173/m²), a €64,752 (9.4%) gap versus the €750,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estrela · 9c7aa1 | Subject | €750,000 | €6,757 | — | — | 80 |
| rua Doutor Teófilo Braga, 2 | Active | €525,000 | €6,563 | 2.9% | — | 78 |
| rua Dom João IV S / N | Active | €215,000 | €3,308 | 51.0% | 30 | 76 |
| rua Marcos Portugal, 55 | Active | €1,600,000 | €18,182 | 169.1% | 15 | 88 |
| Santa Maria Maior · 001b02 | Active | €450,000 | €1,125 | 83.4% | 20 | 83 |
| Median comp | €487,500 | €4,936 | 27.0% | 20 | 81 |
Long-term rental With a fair value of €685,248, the 2-bed apartment in Estrela, Lisbon is priced fairly at €750,000, reflecting a competitive gross yield of 3.2%. However, the apartment's condition rating of 30/100 poses a potential concern for long-term tenants, possibly impacting rental demand. Buy-and-hold Investing in the Estrela apartment at the current listing of €750,000 aligns with its fair valuation of €685,248, presenting stable long-term potential. Given the strong neighbourhood rating of 80/100, this property may appreciate over time, albeit with considerations regarding the apartment's current condition. Short-term vacation rental At a listing price of €750,000, the 2-bed apartment in Estrela is appraised fairly at €685,248, suggesting limited upside for short-term vacation rental returns given the gross yield of 3.2%. The apartment's subpar condition might deter high-paying short-term guests, presenting a challenge for maximizing rental income in this competitive market.
Tenant turnover risk The tenant stability score of 70/100 indicates potential challenges in retaining tenants, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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