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 80 m². Located on rua da Madalena, 66, 4º, Santa Maria Maior parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment includes thoughtfully selected mid-century modern furniture and high-end fixtures, enhancing its sophisticated and stylish ambiance. Unique Selling Point: The building's complete rehabilitation in 2013 ensures modern systems and finishes.
The valuation. The asking price of €450,000 is €169,143 below the fair value of €619,143, indicating that the property is underpriced by 27.3%. This presents a substantial opportunity for potential investors. Buy-to-flip angle. A buy-and-flip strategy could capitalize on the apartment's premium renovation, allowing for a resale at market value after minor cosmetic updates. This could enhance the net profits substantially. Buy-to-let angle. The estimated rental income of approximately €1,462 per month yields a gross return of 3.9% annually. Given the stable demand in central Lisbon, this property aligns well with long-term investment priorities.
Fair value modelled at €619,143 from 6 comparable sales in the area. Asking €450,000 sits €169,143 (27.3%) below — the upside to fair value.
Asking €450,000 versus the rua da Madalena, 66, 4º area baseline of €585,039 (€7,313/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €585,039, adjusted for condition and micro-location, gives a modelled fair value of €619,143 (€7,739/m²), a €169,143 (27.3%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Madalena, 66, 4º | Subject | €450,000 | €5,625 | — | 88 | 80 |
| rua dos Sete Moinhos, 70 | Active | €299,000 | €5,436 | 3.4% | 80 | 84 |
| calçada do Conde de Pombeiro | Active | €285,000 | €5,182 | 7.9% | 80 | 88 |
| rua Marcos Portugal, 73 | Active | €335,000 | €8,816 | 56.7% | 80 | 80 |
| Misericórdia · ec183b | Active | €390,000 | €7,800 | 38.7% | 85 | 90 |
| Median comp | €317,000 | €6,618 | 17.7% | 80 | 86 |
Long-term rental The 1-bed apartment in Santa Maria Maior has a fair value of €619,143, presenting a 27.3% gap that indicates an attractive investment opportunity. With a gross yield of 3.9%, this property is poised to provide stable income in a high-demand rental market. Short-term vacation rental Given the significant gap from its fair value and the appealing condition of 84/100, this apartment presents an excellent option for short-term rentals in a desirable Lisbon location. The strong tourism draw in the area enhances the potential for high occupancy rates and premium nightly rates. Buy-and-hold Acquiring this apartment as a buy-and-hold investment makes strategic sense, especially with its central location in a thriving neighborhood with an 80/100 score. The property’s subvalorizada status coupled with stable demand suggests not only immediate cash flow opportunities but also potential appreciation over time.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of tenant turnover, which could impact cash flow stability and rental income.
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