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 105 m², energy rating C. Located on estrada de Chelas, Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment boasts a peaceful atmosphere with unobstructed views of the Tagus River, enhancing its appeal for relaxation and inspiration throughout the day.
The valuation. The property is listed at €368,500, which is €75,768 (20.6%) under its fair value of €444,268. This indicates an attractive acquisition opportunity in the current market.
Fair value modelled at €444,268 from the area baseline, adjusted for condition and location. Asking €368,500 sits €75,768 (20.6%) below — the upside to fair value.
Asking €368,500 versus the estrada de Chelas area baseline of €413,490 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 65 · Materials 60 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 82/100 (Housing Market 85 · Amenities 85 · Economic 90 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
estrada de Chelas
Area baseline €413,490 + condition -€22,148 + location +€52,927 = modelled fair value of €444,268 (€4,231/m²), a €75,768 (20.6%) gap versus the €368,500 asking price.
Long-term rental This 3-bed apartment in Penha de França, with a gross yield of 5%, is positioned favorably in the vibrant Lisbon market, offering consistent demand for long-term rentals. Its proximity to cultural and economic activities enhances its attractiveness, making it a solid choice for investors looking for sustainable cash flow. Buy-and-hold Acquiring this property at €368,500 presents a compelling buy-and-hold opportunity given its fair value of €444,268, creating a significant potential appreciation of 20.6%. The neighborhood's high tenant quality and amenities ensure that the apartment remains desirable over time, supporting a robust investment horizon. Family rental The spacious layout and favorable neighborhood dynamics make this apartment an ideal candidate for family rentals, catering to the demand for larger living spaces in Lisbon. With a strong community and good amenities nearby, this property can provide stable occupancy rates and a reliable income stream for families seeking long-term residences.
Tenant turnover risk High tenant turnover due to a tenant stability score of 75/100 may lead to increased vacancy rates and associated costs.