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, 2-bathroom apartment of 115 m², built in 1988, energy rating C. Located on rua Engenheiro Nobre Guedes, Benfica parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment features an expansive 12.33m² open balcony providing excellent views of Monsanto, enhancing outdoor living space, and promoting seamless indoor-outdoor flow.
The valuation. The asking price of €599,900 sits €80,122 (13.4%) above the fair value of €519,778, indicating the property is overpriced. This discrepancy suggests potential challenges for buyers looking for fair market terms.
Fair value modelled at €519,778 from the area baseline, adjusted for condition and location. Asking €599,900 sits €80,122 (13.4%) above — overpriced versus fair value.
Asking €599,900 versus the rua Engenheiro Nobre Guedes area baseline of €529,460 (€4,604/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 85 · Materials 82 · Room dimensions 83). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 79/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua Engenheiro Nobre Guedes
Area baseline €529,460 + condition +€14,375 + location +€52,533 = modelled fair value of €519,778 (€4,520/m²), a €80,122 (13.4%) gap versus the €599,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Engenheiro Nobre Guedes | Subject | €599,900 | €5,217 | — | 85 | 79 |
| rua Carolina Michaelis de Vasconcelos | Active | €529,900 | €5,637 | 8.1% | 80 | 81 |
| Benfica · dee428 | Active | €529,900 | €6,384 | 22.4% | 80 | 76 |
| rua José da Purificação Chaves, 10 | Active | €565,000 | €5,539 | 6.2% | 75 | 82 |
| rua 4 | Active | €320,000 | €4,267 | 18.2% | 75 | 65 |
| Median comp | €529,900 | €5,588 | 7.1% | 78 | 79 |
Long-term rental This 3-bed apartment in Benfica presents a gross yield of 2.8%, which may not be compelling given the fair value of €519,778 versus the listing price of €599,900. The property is also overpriced at a gap of 13.4%, limiting its attractiveness for long-term rental strategies. Family rental Although the property features a good condition rating of 84/100 and is sizeable at 115m², the yield of 2.8% does not justify the listing price of €599,900, especially against the fair value estimate. Families may seek more value for their rental budget, making this option less appealing given the current pricing. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is hindered by its current overpriced status, with a significant gap of 13.4% from fair value. The lower yield of 2.8% further diminishes the investment's potential returns, making it a less prudent choice for long-term appreciation. Not ideal for: Short-term vacation rental, Student housing, Luxury market
Economic Dependence Risk: Despite a solid economic stability score of 80/100, any downturn in the local economy could significantly impact rental income and overall property value due to reliance on a limited market.
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