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 64 m², energy rating C. Located on calçada da Picheleira, Beato parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment includes an exclusive top-floor terrace, offering a spacious private outdoor area with captivating views over Lisbon's skyline. Additional Context: Convenient parking is available in the non-exclusive lot at the front of the building.
The valuation. The asking price of €370,000 is significantly above the fair value of €285,460, making it overpriced by €84,540 (22.8%). This discrepancy indicates a lack of value justification at the current asking price.
Fair value modelled at €285,460 from the area baseline, adjusted for condition and location. Asking €370,000 sits €84,540 (22.8%) above — overpriced versus fair value.
Asking €370,000 versus the calçada da Picheleira area baseline of €291,712 (€4,558/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 82 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 85 · Amenities 80 · Economic 90 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
calçada da Picheleira
Area baseline €291,712 + condition +€5,200 + location +€28,228 = modelled fair value of €285,460 (€4,460/m²), a €84,540 (22.8%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| calçada da Picheleira | Subject | €370,000 | €5,781 | — | 82 | 78 |
| São Vicente · 99f3b5 | Active | €379,900 | €9,498 | 64.3% | 85 | 81 |
| rua Lopes S / N | Active | €345,000 | €4,600 | 20.4% | 72 | 84 |
| Penha de França · 9372da | Active | €549,000 | €7,732 | 33.7% | 76 | 84 |
| rua Carlos Reis, 59 | Active | €525,000 | €7,000 | 21.1% | 80 | 82 |
| Median comp | €452,450 | €7,366 | 27.4% | 78 | 83 |
Long-term rental This property presents a yield of 3.4%, indicating modest rental income potential that does not justify the asking price. Given the significant gap of 22.8% above fair value, this investment is overvalued and poses a financial risk for long-term rental strategies. Buy-and-hold While the proximity to Lisbon suggests potential for economic activity, the property's current price of €370,000 is not supported by its fair value of €285,460. The overvaluation makes this a risky buy-and-hold opportunity, as long-term appreciation may be limited despite the appealing neighbourhood attributes. Family rental With a neighbourhood rating of 78/100, the area may attract families; however, the gross yield of 3.4% and the 22.8% gap from fair value indicate that the investment is overpriced. Potential buyers should be cautious, as the current price does not align with the expected returns for a family rental market.
Tenant turnover risk: With a tenant stability score of 75/100, there is a potential risk of higher tenant turnover, which could lead to increased vacancy rates and associated costs.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
