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 48 m², built in 1935, energy rating E. Located on rua Estácio da Veiga, 11, Penha de França parish, Lisbon municipality, Lisbon district. This apartment features two distinct facades, maximizing natural light exposure and providing an opportunity for creative renovation, situated in a vibrant neighborhood with rich local culture.
The valuation. The asking price of €247,000 is significantly above the fair value of €205,018, presenting a premium of €41,982 (17.0%). This property is considered overpriced given the local market conditions.
Fair value modelled at €205,018 from the area baseline, adjusted for condition and location. Asking €247,000 sits €41,982 (17.0%) above — overpriced versus fair value.
Asking €247,000 versus the rua Estácio da Veiga, 11 area baseline of €215,424 (€4,488/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 58 · Materials 55 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 90/100 (Housing Market 95 · Amenities 95 · Economic 95 · Tenant Quality 85). Strong amenities and housing-market momentum support a premium to baseline.
rua Estácio da Veiga, 11
Area baseline €215,424 + condition -€14,250 + location +€30,244 = modelled fair value of €205,018 (€4,271/m²), a €41,982 (17.0%) gap versus the €247,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Estácio da Veiga, 11 | Subject | €247,000 | €5,146 | — | 58 | 90 |
| beco da Verónica | Active | €272,000 | €6,326 | 22.9% | 65 | 79 |
| Alvalade · ba3a83 | Active | €299,999 | €6,977 | 35.6% | 65 | 78 |
| rua Conselheiro Arantes Pedroso, 57 | Active | €197,500 | €3,591 | 30.2% | 65 | 87 |
| Arroios · b7b50c | Active | €197,500 | €3,591 | 30.2% | 66 | 85 |
| Median comp | €234,750 | €4,959 | 3.6% | 65 | 82 |
Long-term rental While the property is located in a desirable neighborhood with a high tenant quality, its current listing price of €247,000 reflects a 17.0% premium over the fair value of €205,018. Consequently, the gross rental yield of 4.8% does not make it an attractive option for long-term rental investors in a high-demand market. Short-term vacation rental Despite the cultural appeal of Lisbon, the property’s listing at €247,000, which exceeds the fair value by 17.0%, suggests an inflated investment opportunity for short-term vacation rentals. Given the current yield of 4.8%, the pricing does not align favorably with expected returns for this rental strategy. Buy-and-hold Acquiring this property at the given price of €247,000, which is 17.0% above its fair value, may hinder overall capital appreciation for a buy-and-hold strategy. With significant growth expected in Central Lisbon, investors may miss out on better opportunities if they commit to a property that is already overpriced.
Economic Dependence Risk: Despite a high economic stability score of 95/100, a dip in the market could significantly impact rental income, considering tenant stability at 85/100 may not be enough to withstand economic fluctuations.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
