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 60 m², built in 1951. Located Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment retains original architectural details, potentially appealing to buyers seeking a blend of historic charm and modern renovation in a vibrant neighborhood. Opportunity for Customization: The property presents a blank canvas for personalization, making it an attractive investment for those wishing to create a unique living space.**
The valuation. The asking price of €295,000 sits €43,281 (14.7%) above the calculated fair value of €251,719, indicating it is overpriced.
Fair value modelled at €251,719 from the area baseline, adjusted for condition and location. Asking €295,000 sits €43,281 (14.7%) above — overpriced versus fair value.
Asking €295,000 versus the Penha de França, Lisbon, Lisbon area baseline of €236,280 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 (Condition 60 · Materials 55 · Room dimensions 63). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 83/100 (Housing Market 90 · 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 €236,280 + condition -€15,750 + location +€31,189 = modelled fair value of €251,719 (€4,195/m²), a €43,281 (14.7%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penha de França · 49b971 | Subject | €295,000 | €4,917 | — | 60 | 83 |
| alameda Fresco | Active | €585,000 | €6,882 | 40.0% | 52 | 83 |
| rua Dom Domingos Jardo | Active | €220,000 | €3,333 | 32.2% | — | 90 |
| Santa Maria Maior · 93734e | Active | €254,000 | €5,080 | 3.3% | — | 84 |
| Santo António · 1e6287 | Active | €430,000 | €4,778 | 2.8% | — | 82 |
| Median comp | €342,000 | €4,929 | 0.3% | 52 | 84 |
Long-term rental The property, priced at €295,000, is 14.7% above its fair value of €251,719, indicating it is overpriced. With a gross yield of 4.3% and a decent neighborhood rating of 83/100, this investment may struggle to generate adequate returns in the long run. Buy-and-hold Investing in this apartment at €295,000, which is above its fair value, may not offer the expected appreciation advantages typical of the prime Lisbon market. The decent condition rating of 58/100 suggests potential renovation costs that could further diminish returns on a buy-and-hold strategy. Family rental While the area has a strong neighborhood rating of 83/100, the property is overpriced at €295,000 compared to the fair value of €251,719. Thus, attracting long-term family tenants might prove challenging when the investment does not align with value expectations. Not ideal for: Short-term rental Given that the property is overpriced at €295,000 and does not reflect a fair value for short-term rental opportunities, market competitiveness could be lacking. Furthermore, the 4.3% gross yield is likely insufficient to justify the costs associated with short-term leases in the area. Not ideal for: Student housing This property is priced at €295,000, which is above its fair value, making it less attractive for the student housing market. The current yield of 4.3% may not appeal to investors targeting this demographic, impacting overall demand.
Potential Tenant Turnover Risk: With a tenant stability score of 70/100, there is a risk of increased tenant turnover, which could affect occupancy rates and rental income over time.