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, 2-bathroom apartment of 123 m², built in 1990, energy rating C. Located Penha de França parish, Lisbon municipality, Lisbon district. This apartment features new double-glazed windows for enhanced thermal efficiency and boasts a breathtaking unobstructed view of the Tagus River, providing a unique living experience.
The valuation. The asking price of €520,000 is slightly below the fair value of €537,741, resulting in a discrepancy of €17,741 (3.4%). This presents a favorable position for potential investors looking for an underpriced opportunity in Lisbon.
Fair value modelled at €537,741 from the area baseline, adjusted for condition and location. Asking €520,000 sits €17,741 (3.4%) below — the upside to fair value.
Asking €520,000 versus the Penha de França, Lisbon, Lisbon area baseline of €552,024 (€4,488/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 67 · Materials 70 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 83/100 (Housing Market 90 · Amenities 85 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Penha de França, Lisbon, Lisbon
Area baseline €552,024 + condition -€10,570 + location +€63,937 = modelled fair value of €537,741 (€4,372/m²), a €17,741 (3.4%) gap versus the €520,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penha de França · 00178e | Subject | €520,000 | €4,228 | — | 67 | 83 |
| avenida Duque de Ávila | Active | €900,000 | €6,122 | 44.8% | — | 79 |
| Beato · 49b8e9 | Active | €410,000 | €5,467 | 29.3% | 72 | 81 |
| São Vicente · 38b6be | Active | €640,000 | €8,000 | 89.2% | 74 | 86 |
| Arroios · 1e621c | Active | €640,000 | €5,565 | 31.6% | — | 90 |
| Median comp | €640,000 | €5,844 | 38.2% | 73 | 84 |
Long-term rental The apartment in Penha de França, with a fair value of €537,741, is currently listed at €520,000, indicating a gap of only 3.4%. This offers a compelling opportunity for long-term rental investment given the 4% gross yield and strong neighborhood rating of 83/100. Short-term vacation rental With its prime location and comprehensive amenities, this property stands out as a viable option for short-term vacation rentals, despite its current listing price of €520,000 being slightly below the fair value of €537,741. The appeal of the area, combined with the attractive yield, suggests promising returns for investors in the vacation rental market. Luxury market Although positioned in the competitive luxury market, the property remains attractive due to its fair value standing at €537,741 against a listing price of €520,000. The apartment's condition score of 70/100 and its neighborhood quality creates a desirable setting for prospective wealthy tenants, enhancing its investment potential.
Economic Dependence on High Score The property benefits from a high economic stability score of 90/100, but the tenant stability score of 70/100 indicates a potential dependency on economic conditions for consistent revenue generation.