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.
1-bedroom, 1-bathroom apartment of 49 m², energy rating A. Located on rua Leite de Vasconcelos, 3, São Vicente parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment offers a private balcony that extends the living space outdoors, perfect for enjoying Lisbon's mild climate and vibrant neighborhood views.
The valuation. The asking price of €510,000 is significantly above the fair value of €111,441, indicating an overvaluation of €398,559 (78.1%). This suggests the property is overpriced compared to market benchmarks.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Leite de Vasconcelos, 3 | Subject | €510,000 | €10,408 | — | 85 | 84 |
| rua Diogo do Couto, 3 | Active | €610,000 | €12,449 | 19.6% | 85 | 83 |
| rua São José, 150 | Active | €510,000 | €11,591 | 11.4% | 73 | 89 |
| rua General Justiniano Padrel, 12 | Active | €480,000 | €11,429 | 9.8% | 80 | 90 |
| rua Visconde de Santarém, 18 | Active | €480,000 | €5,455 | 47.6% | 81 | 82 |
| Median comp | €495,000 | €11,510 | 10.6% | 81 | 86 |
Long-term rental The current pricing for this apartment suggests a significant disconnect from fair value, making it an unattractive option for long-term rental investments, with a gross yield of only 2.4%. Given its condition and neighborhood scores of 84, the property might appeal superficially, but the substantial gap from fair value indicates that the rental return will not offset the high acquisition cost. Buy-and-hold The buy-and-hold strategy becomes less favorable with this apartment being overpriced, as the steep gap of 78.1% from fair value undermines the potential for capital appreciation over time. Despite the solid neighborhood ratings, investors should be cautious, as the high entry price limits any future yield benefits. Family rental While the property is located in a well-rated area that could attract families, its overpriced status makes it a precarious choice for family rental investment. The below-average gross yield of 2.4% does not warrant the current listing price, diminishing the investment appeal in a competitive housing market. Not ideal for: Value-add renovation Given the significant gap from the fair value, pursuing a value-add renovation strategy does not make sense for this property, as the immense overpricing negates potential investment returns. Investors should opt for a more reasonably priced asset where renovation could yield substantial equity gain. Not ideal for: Short-term rental With the apartment priced well above its fair value, it fails to meet the financial metrics typically desirable in a short-term rental investment. Higher entry costs limit the profitability usually associated with such rental strategies, complicating the path to securing solid returns.
[Tenant turnover risk] With a tenant stability score of 75/100, there may be a risk of higher turnover and associated costs, impacting overall profitability.
