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 85 m², energy rating D. Located on rua Engenheiro Nobre Guedes, Benfica parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment boasts a fully equipped integrated kitchen with high-quality finishes and direct access to an 8 m² open balcony, enhancing outdoor living options.
The valuation. The asking price of €599,900 is significantly above the fair value of €378,828, representing an overpricing of €221,072 (36.9%). This disparity indicates the property is not a sound financial investment.
Fair value modelled at €378,828 from the area baseline, adjusted for condition and location. Asking €599,900 sits €221,072 (36.9%) above — overpriced versus fair value.
Asking €599,900 versus the rua Engenheiro Nobre Guedes area baseline of €334,730 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 85 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Engenheiro Nobre Guedes
Area baseline €334,730 + condition +€10,625 + location +€33,473 = modelled fair value of €378,828 (€4,457/m²), a €221,072 (36.9%) gap versus the €599,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Engenheiro Nobre Guedes | Subject | €599,900 | €7,058 | — | 80 | 75 |
| Benfica · 1e62d2 | Active | €599,900 | €6,521 | 7.6% | 85 | 74 |
| Benfica · 1e6321 | Active | €529,900 | €6,234 | 11.7% | 85 | 79 |
| Benfica · b7b4f2 | Active | €599,900 | €6,249 | 11.5% | 80 | 80 |
| rua Eng. º Nobre Guedes, 9-3 | Active | €599,900 | €5,454 | 22.7% | 80 | 79 |
| Median comp | €599,900 | €6,242 | 11.6% | 83 | 79 |
Long-term rental The 3-bed apartment in Benfica is overpriced, with a selling price of €599,900 that exceeds the fair value of €378,828 by 36.9%. As the gross yield of 2.2% indicates limited return potential, this strategy may not be effective given the current pricing. Family rental With a fair value of €378,828, the listing price of €599,900 represents a significant markup of 36.9%, making the property overpriced. The current yield of 2.2% suggests that the potential for stable family rental income is diminished compared to more realistically priced options. Buy-and-hold Although buy-and-hold strategies typically benefit from appreciation over time, the current price of €599,900—36.9% above fair value—reflects an overpricing issue. The yield of 2.2% does not support a compelling long-term investment case at this valuation. Not ideal for: Short-term vacation rental, Student housing, Luxury market
Economic Vulnerability Despite a relatively high economic stability score of 80, the tenant stability score of 70 indicates potential volatility in tenant retention, which could lead to income fluctuations and affect overall investment stability.
