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 72 m², built in 1977, energy rating D. Located on praça Afonso de Albuquerque, Belém parish, Lisbon municipality, Lisbon district. Features: This apartment boasts a rare private outdoor area of 30 m², with both west and east exposures, providing excellent sun exposure and views of the Tagus River.
The valuation. The asking price of €395,000 sits €89,362 (22.6%) above the fair value of €305,638, indicating the property is overpriced compared to its market potential. This valuation suggests a cautionary approach for potential investors. Buy-to-flip angle. A buy-to-flip strategy could involve renovating the already appealing features, such as hardwood flooring and granite countertops, to enhance resale value in the competitive Lisbon market. Short-term renovations could yield a quick profit if sold at a higher price. Buy-to-let angle. With an estimated gross yield of 3.5% based on a potential monthly rental income of €1,152, the property offers a decent long-term rental opportunity. Focusing on family rentals in the mixed neighborhood could ensure steady occupancy and rental returns.
Fair value modelled at €305,638 from the area baseline, adjusted for condition and location. Asking €395,000 sits €89,362 (22.6%) above — overpriced versus fair value.
Asking €395,000 versus the praça Afonso de Albuquerque area baseline of €283,536 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
praça Afonso de Albuquerque
Area baseline €283,536 + condition +€1,688 + location +€20,415 = modelled fair value of €305,638 (€4,245/m²), a €89,362 (22.6%) gap versus the €395,000 asking price.
Long-term rental While the gross yield of 3.5% indicates some return potential, the property is overpriced at €395,000 compared to the fair value of €305,638. This substantial gap of 22.6% makes it less attractive for long-term rental investments. Buy-and-hold The current listing price significantly exceeds the fair assessment, positioning this property as overpriced in a housing market with a condition rating of 77/100 and a neighborhood score of 68/100. Investors should remain cautious, as the high initial investment does not guarantee adequate appreciation in this saturated market. Family rental With family rentals typically relying on affordability and quality, the property’s overpriced status at €395,000 means it could face challenges attracting the desired tenant profile in a neighborhood scoring only 68/100. This factor, combined with the valuation disparity, raises concerns about long-term viability in the family rental sector.
Economic-tenant stability risk The economic stability score of 75 indicates moderate resilience, but the tenant stability score of 65 suggests a higher likelihood of turnover, which could affect rental income.
