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, 2-bathroom apartment of 125 m², built in 2001, energy rating C. Located on rua Lucília Simões, Benfica parish, Lisbon municipality, Lisbon district. This apartment features a generous balcony that seamlessly extends the living area, ideal for relaxing and entertaining while enjoying the southern light exposure.
The valuation. The asking price of €590,000 sits €35,634 (6.0%) above the fair value of €554,366, indicating that the property is overpriced based on current market conditions. This suggests potential challenges in achieving a profitable sale. Buy-to-flip angle. A resale strategy could be pursued by enhancing the apartment's modern appeal through minor renovations, capitalizing on its high-quality features to attract buyers willing to pay a premium. This could help mitigate the initial overpricing on the market. Buy-to-let angle. The estimated rental income of €1,377/month yields a gross rate of 2.8%, aligning with a buy-and-hold strategy for generating passive income. Given the suburban location with access to amenities, this strategy caters well to long-term tenants.
Fair value modelled at €554,366 from the area baseline, adjusted for condition and location. Asking €590,000 sits €35,634 (6.0%) above — overpriced versus fair value.
Asking €590,000 versus the rua Lucília Simões area baseline of €492,250 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 78 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Lucília Simões
Area baseline €492,250 + condition +€12,891 + location +€49,225 = modelled fair value of €554,366 (€4,435/m²), a €35,634 (6.0%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Lucília Simões | Subject | €590,000 | €4,720 | — | 78 | 75 |
| rua Professor Reinaldo dos Santos | Active | €630,000 | €4,773 | 1.1% | 78 | 80 |
| rua António Nobre, 24 | Active | €449,900 | €4,999 | 5.9% | 80 | 79 |
| rua da Venezuela, 51 | Active | €448,000 | €7,000 | 48.3% | 80 | 76 |
| rua João Chagas | Active | €750,000 | €5,556 | 17.7% | 75 | 80 |
| Median comp | €539,950 | €5,278 | 11.8% | 79 | 80 |
Long-term rental The 2-bed apartment in Benfica, priced at €590,000, presents a gap of 6.0% above its fair value of €554,366, making it an overpriced investment for long-term rental. Despite strong neighborhood amenities, the gross yield of 2.8% suggests limited rental income potential relative to the acquisition costs. Family rental As a family rental option, this apartment appears overpriced given its valuation gap; with a fair value of €554,366, the current listing is 6.0% higher. While the apartment's condition score of 82/100 is appealing, the yield of 2.8% may not sufficiently support family rental demands in the area. Buy-and-hold The buy-and-hold strategy for this property could be challenging, given its pricing at €590,000, which is 6.0% above the fair value of €554,366. The modest yield of 2.8% may result in low returns over time, thus questioning the long-term viability of this investment in a suburban context.
Tenant turnover risk: With a tenant stability score of 75/100, there is a moderate risk of turnover leading to potential vacancies and lost rental income.
