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 104 m², built in 1977, energy rating D. Located Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment features a pleasant private balcony in the en suite bedroom, enhancing the living experience with outdoor space in a sought-after Lisbon location.
The valuation. The asking price of €498,000 is €29,525 (5.9%) above the fair value of €468,475, indicating the property is overpriced relative to the market. This mispricing necessitates careful consideration for potential buyers.
Fair value modelled at €468,475 from the area baseline, adjusted for condition and location. Asking €498,000 sits €29,525 (5.9%) above — overpriced versus fair value.
Asking €498,000 versus the Penha de França, Lisbon, Lisbon area baseline of €409,552 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 82 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 82/100 (Housing Market 90 · Amenities 80 · Economic 90 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Penha de França, Lisbon, Lisbon
Area baseline €409,552 + condition +€6,500 + location +€52,423 = modelled fair value of €468,475 (€4,505/m²), a €29,525 (5.9%) gap versus the €498,000 asking price.
Long-term rental The 3-bed apartment in Penha de França offers a gross yield of 3.6%, but being listed at €498,000, it is overpriced compared to the fair value of €468,475. This gap of 5.9% reduces the potential profitability for a long-term rental investment, making it less attractive in the current market conditions. Buy-and-hold Investors considering a buy-and-hold strategy should note that the property is currently priced above its fair value, leading to diminished returns over time. The slight gap of 5.9% compared to fair value also suggests that future capital appreciation may be limited in this upscale Lisbon location. Luxury market While the property is situated in a desirable neighborhood with an 82/100 rating, its current pricing reflects an overvaluation at €498,000, above the fair value of €468,475. This may deter high-end buyers looking for investment opportunities that are more aligned with market valuations in the luxury segment.
Tenant turnover risk: With a tenant stability score of 75/100, there is an increased risk of higher turnover rates, which could disrupt cash flow and lead to increased vacancy periods.
