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.
2-bedroom, 1-bathroom apartment of 70 m², built in 1950, energy rating D. Located Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment includes original tile flooring, providing a unique historical charm, and boasts potential for a rooftop terrace to enhance outdoor living space. Condition Notes: Numerous repairs needed throughout.
The valuation. The asking price of €345,000 sits €73,203 (21.2%) above the fair value of €271,797, indicating the property is overpriced. This discrepancy raises concerns about the investment's immediate potential for appreciation.
Fair value modelled at €271,797 from the area baseline, adjusted for condition and location. Asking €345,000 sits €73,203 (21.2%) above — overpriced versus fair value.
Asking €345,000 versus the Penha de França, Lisbon, Lisbon area baseline of €275,660 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 38/100 (Condition 30 · Materials 35 · Room dimensions 48). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 83/100 (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 €275,660 + condition -€40,250 + location +€36,387 = modelled fair value of €271,797 (€3,883/m²), a €73,203 (21.2%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penha de França · 023bce | Subject | €345,000 | €4,929 | — | 30 | 83 |
| avenida Mouzinho de Albuquerque, 10 | Active | €279,000 | €3,244 | 34.2% | — | 83 |
| rua do Barão de Monte Pedral, 7 | Active | €330,000 | €6,226 | 26.3% | 30 | 81 |
| rua do Duque | Active | €325,000 | €6,250 | 26.8% | 30 | 80 |
| Campolide · f36253 | Active | €265,000 | €4,569 | 7.3% | 35 | 83 |
| Median comp | €302,000 | €5,398 | 9.5% | 30 | 82 |
Long-term rental This property in Penha de França, listed at €345,000, presents a 21.2% gap compared to its fair value of €271,797, indicating it is overpriced. With a gross yield of 4.2% and a condition rating of 38/100, potential rental income may not justify the high purchase price relative to the current market conditions. Buy-and-hold Investing in this 2-bed apartment for the long term is unappealing as its listing price of €345,000 exceeds the fair valuation of €271,797 by 21.2%, marking it as overpriced. Its relatively low yield of 4.2% further suggests that the appreciation potential may not compensate for the elevated initial investment. Family rental The current asking price of €345,000 for the apartment in Penha de França, compared to a fair value of €271,797, indicates it is overpriced by 21.2%. While the neighbourhood rating of 83/100 promises a decent location for families, the condition of the property at 38/100 raises concerns about its overall suitability for family rental purposes.
Tenant turnover risk High tenant turnover may occur due to the tenant stability score of 75/100, indicating potential instability in occupancy and rental income.