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, 1-bathroom apartment of 84 m² on the 3rd floor, built in 1951. Located Penha de França parish, Lisbon municipality, Lisbon district. Unique Features: This apartment boasts new double-glazed window frames that enhance thermal and acoustic comfort, along with open urban views that fill the space with natural light and a delightful ambiance.
The valuation. The asking price of €439,000 is significantly above the fair value of €368,518, indicating a gap of €70,482 (16.1%). The property is, therefore, considered overpriced.
Fair value modelled at €368,518 from the area baseline, adjusted for condition and location. Asking €439,000 sits €70,482 (16.1%) above — overpriced versus fair value.
Asking €439,000 versus the Penha de França, Lisbon, Lisbon area baseline of €330,792 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 70 · Materials 75 · Room dimensions 78). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 85 · Amenities 90 · Economic 90 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Penha de França, Lisbon, Lisbon
Area baseline €330,792 + condition -€1,969 + location +€39,695 = modelled fair value of €368,518 (€4,387/m²), a €70,482 (16.1%) gap versus the €439,000 asking price.
Long-term rental Despite being located in a desirable neighbourhood close to Lisbon's cultural and business districts, this apartment is priced 16.1% above its fair value of €368,518, indicating it is OVERPRICED. The gross yield of 3.8% is not attractive enough to justify the elevated pricing in the current market. Buy-and-hold Although the neighbourhood has a decent rating of 80/100, the apartment's price point exceeds fair value, making it a less compelling investment option at a listing price of €439,000. The anticipated appreciation is insufficient to offset the current OVERPRICED status of the property in the long run. Family rental This property could potentially attract families due to its proximity to various amenities, but its listing price is 16.1% above fair value, which classifies it as OVERPRICED. As a family rental, the gross yield of 3.8% does not provide an enticing return relative to the initial investment outlay.
Tenant turnover risk High tenant turnover is a possibility given the tenant stability score of 75/100, which indicates moderate stability and may impact consistent rental income.