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.
3-bedroom, 1-bathroom apartment of 93 m². Located on rua Afonso Álvares, 5, São Domingos de Benfica parish, Lisbon municipality, Lisbon district. Proximity to Estádio da Luz offers potential for rental income from sports events, while the wide street enhances accessibility and parking options in a bustling neighborhood.
The valuation. The asking price of €370,000 is above the fair value of €350,836, indicating that this property is overpriced by €19,164, or 5.2%. This discrepancy suggests cautious consideration before proceeding with an investment. Buy-to-flip angle. With renovations needed due to the dated condition and standard materials, a buy-to-flip strategy could involve refurbishing to modernize the apartment while aiming for a higher market price. However, the current valuation poses a challenge to achieving significant profitability. Buy-to-let angle. A long-term rental strategy could generate an estimated rental income of approximately €1,418/month, resulting in a gross yield of 4.6%. Given the neighbourhood's mixed status, this approach could attract families while leveraging Lisbon's urban demand.
Fair value modelled at €350,836 from the area baseline, adjusted for condition and location. Asking €370,000 sits €19,164 (5.2%) above — overpriced versus fair value.
Asking €370,000 versus the rua Afonso Álvares, 5 area baseline of €475,974 (€5,118/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 39/100 (Condition 40 · Materials 35 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Afonso Álvares, 5
Area baseline €475,974 + condition -€52,022 + location +€36,623 = modelled fair value of €350,836 (€3,772/m²), a €19,164 (5.2%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Afonso Álvares, 5 | Subject | €370,000 | €3,978 | — | 40 | 75 |
| rua dos Arneiros, 88 | Active | €495,000 | €4,853 | 22.0% | 38 | 73 |
| avenida das Forças Armadas, 107 | Active | €462,000 | €6,160 | 54.8% | 32 | 86 |
| São Domingos de Benfica · 024259 | Active | €220,000 | €2,200 | 44.7% | — | 77 |
| Benfica · 65a686 | Active | €395,000 | €5,338 | 34.2% | 48 | 76 |
| Median comp | €428,500 | €5,096 | 28.1% | 38 | 77 |
Long-term rental The property in São Domingos de Benfica is not an attractive long-term rental investment due to its 5.2% premium over fair value, which suggests limited potential for immediate cash flow return. The apartment's 39/100 condition further diminishes its appeal, as it may require significant renovations to attract stable, quality tenants. Buy-and-hold Holding the property in the current market condition may not yield favorable returns as it is currently overpriced at €370,000, compared to its fair value of €350,836. The gross yield of 4.6% is insufficient incentive in light of the elevated purchase price and required improvements to enhance tenant desirability. Family rental The prospective family rental market in the area may face challenges due to the apartment being priced above fair market value, which could deter potential long-term family tenants. Additionally, the apartment’s poor condition rating of 39/100 further suggests that it would need substantial upgrades to appeal to families looking for suitable living conditions.
Economic Dependence Risk: The property's economic stability score of 80 suggests a relatively stable market, however, a moderate tenant stability score of 75 indicates potential turnover or vacancy risks that could impact income consistency.
