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 90 m², built in 1942, energy rating D. Located Areeiro parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment offers a rare potential for outdoor customization due to its spacious courtyard, ideal for creating a private urban retreat in a bustling area of Lisbon.
The valuation. The asking price of €448,000 positions this 3-bed apartment at €108,660 (24.3%) above its fair value of €339,340, rendering it overpriced in the current market.
Fair value modelled at €339,340 from the area baseline, adjusted for condition and location. Asking €448,000 sits €108,660 (24.3%) above — overpriced versus fair value.
Asking €448,000 versus the Areeiro, Lisbon, Lisbon area baseline of €354,420 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 30/100 (Condition 20 · Materials 35 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 84/100 (Housing Market 90 · Amenities 85 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Areeiro, Lisbon, Lisbon
Area baseline €354,420 + condition -€63,281 + location +€48,201 = modelled fair value of €339,340 (€3,770/m²), a €108,660 (24.3%) gap versus the €448,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Areeiro · 1e5fe9 | Subject | €448,000 | €4,978 | — | 20 | 84 |
| rua Conde de Monsaraz | Active | €320,000 | €6,809 | 36.8% | 40 | 86 |
| Avenidas Novas · 001908 | Active | €650,000 | €6,771 | 36.0% | 25 | 78 |
| avenida Mouzinho de Albuquerque, 10 | Active | €279,000 | €3,244 | 34.8% | — | 83 |
| rua Cidade de Porto Alexandre, 202 | Active | €360,000 | €5,294 | 6.4% | — | 82 |
| Median comp | €340,000 | €6,033 | 21.2% | 33 | 83 |
Long-term rental The current listing price of €448,000 reflects a significant premium over the fair value of €339,340, making this investment less attractive for long-term rental purposes. With a gross yield of only 3.9% and the apartment's condition rated at 30/100, potential cash flow may not justify the premium paid for this property. Buy-and-hold Investing in this Areeiro apartment at €448,000 may lead to disappointing returns, given its fair market value of €339,340 and a 24.3% gap. The property's lower condition and yield of 3.9% suggest that holding this asset long-term could result in inadequate appreciation or returns. Family rental While Areeiro boasts a high neighborhood score of 84/100, the apartment's current pricing of €448,000 positions it as overpriced compared to its fair value of €339,340. Families seeking rental properties may not see sufficient value in a 3-bed apartment that yields just 3.9% and presents a condition rating of 30/100, limiting its appeal in a competitive market.
Tenant Stability Risk A tenant stability score of 70/100 indicates potential volatility in rental income, which could affect overall property performance and cash flow.
