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 98 m², energy rating B. Located Penha de França parish, Lisbon municipality, Lisbon district. This apartment features a transformed enclosed terrace acting as a bright dining room and has a unique mezzanine bedroom, providing versatile living space in a quiet, historic atmosphere.
The valuation. The asking price of €535,000 sits €106,453 (19.9%) above the fair value of €428,547, indicating that the property is overpriced. This discrepancy suggests potential challenges in acquiring a profitable investment. Buy-to-flip angle. A resale or wholesale strategy for this apartment would likely depend on targeted renovations and marketing. Successful repositioning could aim for a premium above the current asking price, appealing to family buyers in the desirable Penha de França area. Buy-to-let angle. With a gross yield of 2.6%, this property offers an estimated rental income of €1,159 per month. While moderate, the long-term rental strategy leverages the high-quality finishes and local amenities to attract steady tenants in a well-connected neighborhood.
Fair value modelled at €428,547 from the area baseline, adjusted for condition and location. Asking €535,000 sits €106,453 (19.9%) above — overpriced versus fair value.
Asking €535,000 versus the Penha de França, Lisbon, Lisbon area baseline of €439,824 (€4,488/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 74 · Materials 76 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 79/100 (Housing Market 85 · Amenities 80 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Penha de França, Lisbon, Lisbon
Area baseline €439,824 + condition -€2,144 + location +€44,767 = modelled fair value of €428,547 (€4,373/m²), a €106,453 (19.9%) gap versus the €535,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penha de França · 25f4cd | Subject | €535,000 | €5,459 | — | 74 | 79 |
| São Vicente · 090190 | Active | €490,000 | €6,622 | 21.3% | 78 | 82 |
| travessa da Pereira, 32 | Active | €350,000 | €6,140 | 12.5% | 72 | 84 |
| rua dos Douradores | Active | €880,000 | €9,670 | 77.1% | 75 | 95 |
| São Vicente · 024223 | Active | €360,000 | €5,000 | 8.4% | 75 | 86 |
| Median comp | €425,000 | €6,381 | 16.9% | 75 | 85 |
Long-term rental The 2-bed apartment in Penha de França is overpriced with a listing price of €535,000 compared to a fair value of €428,547, indicating a significant gap of 19.9%. With a gross yield of only 2.6%, this property will not generate attractive returns for long-term investors. Family rental Given the local amenities and high expected quality of life, the property can be appealing for family rentals; however, its current price of €535,000 exceeds the fair value of €428,547 by 19.9%. Families may be deterred by the relatively low gross yield of 2.6%, questioning the financial viability of renting in this area. Buy-and-hold Despite the potential for appreciation in a well-connected Lisbon suburb, this 2-bed apartment at €535,000 is overpriced relative to its fair value of €428,547, presenting a 19.9% disparity. Investors aiming for a buy-and-hold strategy might find the current gross yield of 2.6% unattractive for long-term portfolio growth.
Tenant turnover risk Given the tenant stability score of 70/100, there is a potential risk of increased turnover rates which could lead to higher vacancy rates and associated costs for the property owner.
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