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, 3-bathroom house of 200 m², built in 1951. Located Belém parish, Lisbon municipality, Lisbon district. Noteworthy Features: The property includes custom elements and high-quality materials, providing a unique character in a prestigious neighborhood, along with versatile additional room for various uses.
The valuation. The asking price of €1,630,000 significantly exceeds the fair value of €820,186, making it overpriced by €809,814 (49.7%). This discrepancy raises concerns regarding the potential for a reasonable return on investment.
Fair value modelled at €820,186 from the area baseline, adjusted for condition and location. Asking €1,630,000 sits €809,814 (49.7%) above — overpriced versus fair value.
Asking €1,630,000 versus the Belém, Lisbon, Lisbon area baseline of €1,081,000 (€5,405/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 (Condition 65 · Materials 62 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 78/100 (Housing Market 85 · Amenities 80 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Belém, Lisbon, Lisbon
Area baseline €1,081,000 + condition -€55,625 + location +€88,211 = modelled fair value of €820,186 (€4,101/m²), a €809,814 (49.7%) gap versus the €1,630,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Belém · 93758b | Subject | €1,630,000 | €8,150 | — | 65 | 78 |
| rua António Saldanha, 17 | Active | €2,550,000 | €7,286 | 10.6% | 60 | 77 |
| travessa da Ajuda, 18 | Active | €795,000 | €3,581 | 56.1% | 70 | 74 |
| rua José Calheiros, 10 | Active | €975,000 | €6,500 | 20.2% | 73 | 82 |
| Ajuda · 1e6242 | Active | €495,000 | €4,500 | 44.8% | — | 80 |
| Median comp | €885,000 | €5,500 | 32.5% | 70 | 79 |
Long-term rental The 3-bed house in Belém is overpriced with a 49.7% gap compared to its fair value, leading to a gross yield of only 2.1%. This lack of value relative to rental income diminishes its attractiveness for long-term rental investment. Family rental Given its current listing price, the property does not present a fair opportunity for family rentals as the high price point restricts potential returns. The home's condition score of 57/100 indicates that significant improvements may be necessary to appeal to families, further complicating the investment case. Buy-and-hold With a fair value of €820,186, the Belém property is substantially overpriced for a buy-and-hold strategy, thus increasing the financial risk associated with a long-term hold period. The combination of low rental yield and high acquisition cost means that this property is unlikely to achieve adequate capital appreciation over time.
Tenant turnover risk High tenant turnover may threaten rental income stability, especially with a tenant stability score of 75/100, indicating potential fluctuation in occupancy rates.
