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.
4-bedroom, 1-bathroom apartment of 62 m², built in 1950, energy rating D. Located Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment features a charming closed balcony overlooking the historic streets of Penha de França, enhancing its appeal as a cozy urban retreat.
The valuation. The asking price of €350,000 significantly exceeds the fair value of €260,384 by €89,616 (25.6%). This property is deemed overpriced.
Fair value modelled at €260,384 from the area baseline, adjusted for condition and location. Asking €350,000 sits €89,616 (25.6%) above — overpriced versus fair value.
Asking €350,000 versus the Penha de França, Lisbon, Lisbon area baseline of €244,156 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 (Condition 58 · Materials 63 · Room dimensions 62). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 81/100 (Housing Market 87 · Amenities 90 · Economic 90 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Penha de França, Lisbon, Lisbon
Area baseline €244,156 + condition -€14,047 + location +€30,275 = modelled fair value of €260,384 (€4,200/m²), a €89,616 (25.6%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penha de França · 65a796 | Subject | €350,000 | €5,645 | — | 58 | 81 |
| rua de Arroios | Active | €420,000 | €4,565 | 19.1% | 55 | 90 |
| rua das Adelas S / N | Active | €280,000 | €4,590 | 18.7% | — | 83 |
| rua Dom Domingos Jardo | Active | €270,000 | €2,842 | 49.7% | — | 79 |
| Arroios · ba3d18 | Active | €950,000 | €7,917 | 40.2% | 65 | 82 |
| Median comp | €350,000 | €4,578 | 18.9% | 60 | 83 |
Long-term rental Given the current market conditions, the 4-bed apartment in Penha de França is priced 25.6% above its fair value, indicating it is overpriced for long-term rental investment. The gross yield of 4.4% is insufficient to justify the elevated purchase price, making it a less attractive option for this strategy. Buy-and-hold While holding property in a central Lisbon location has potential due to market demand, this specific apartment's price exceeds its fair value by 25.6%, categorizing it as overpriced. The combination of a moderate yield of 4.4% and the high purchase cost does not support a compelling buy-and-hold thesis. Luxury market This apartment, despite its decent condition and neighborhood ratings, is still overpriced by 25.6% relative to fair market value, diminishing its appeal in the luxury market segment. Investors should be cautious, as the expected appreciation may not materialize to match the high entry price for luxury-oriented properties in this area.
Tenant turnover risk The tenant stability score of 75/100 indicates a moderate likelihood of tenant turnover, which may affect cash flow and occupancy rates negatively in the future.
