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 183 m², built in 2019, energy rating B. Located on avenida de Berna, Avenidas Novas parish, Lisbon municipality, Lisbon district. Highlight: The apartment features a 75 m² Gourmet Terrace with a barbecue and jacuzzi, designed for luxurious outdoor entertaining and serene urban living. Valuation Verdict: FAIR
The valuation. The asking price of €1,560,000 is significantly above its fair value of €832,890, resulting in an overpricing of €727,110 (46.6%). The property is thus considered overpriced. Buy-to-flip angle. A resale or wholesale strategy would necessitate substantial renovation investments to uplift the apartment's market appeal, aiming for a profit margin that justifies the initial purchase price. Buy-to-let angle. With a gross yield of 2% from estimated rental income of €2,600 per month, a buy-to-let strategy presents minimal cash flow return, making it less appealing for long-term investment.
Fair value modelled at €832,890 from the area baseline, adjusted for condition and location. Asking €1,560,000 sits €727,110 (46.6%) above — overpriced versus fair value.
Asking €1,560,000 versus the avenida de Berna area baseline of €720,654 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 90/100 (Condition 90 · Materials 92 · Room dimensions 86). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 81/100 (Housing Market 90 · Amenities 80 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida de Berna
Area baseline €720,654 + condition +€22,875 + location +€89,361 = modelled fair value of €832,890 (€4,551/m²), a €727,110 (46.6%) gap versus the €1,560,000 asking price.
Long-term rental The property is overpriced at €1,560,000, significantly exceeding the fair value of €832,890, which limits the potential for a sustainable rental yield above the current 2%. Given the neighborhood's quality score of 81/100, the attractiveness for tenants may not justify the inflated asking price. Buy-and-hold With a gap of 46.6% between the listing price and fair value, the prospect for capital appreciation in this investment strategy appears weak, as the current valuation is inflated. The condition rating of 90/100 is commendable but does not compensate for the overvaluation. Short-term vacation rental The current pricing at €1,560,000 creates challenges in achieving a competitive return, as the gross yield is only 2%, which is unappealing for short-term rental markets. This overpricing constrains the ability to attract guests at rates that would ensure profitability in the bustling Lisbon tourism market.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate likelihood of tenant turnover, which could lead to increased vacancy rates and associated costs.
