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 56 m², built in 1937, energy rating F. Located on estrada de Chelas, Penha de França parish, Lisbon municipality, Lisbon district. This apartment's proximity to key urban regeneration projects in Penha de França offers significant long-term investment potential.
The valuation. The asking price of €240,000 is above the fair value of €236,761, showing a discrepancy of €3,239 (1.3%). This positioning indicates the property is overpriced.
Fair value modelled at €236,761 from the area baseline, adjusted for condition and location. Asking €240,000 sits €3,239 (1.3%) above — overpriced versus fair value.
Asking €240,000 versus the estrada de Chelas area baseline of €220,528 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 65 · Materials 64 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 81/100 (Housing Market 90 · Amenities 90 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
estrada de Chelas
Area baseline €220,528 + condition -€11,113 + location +€27,345 = modelled fair value of €236,761 (€4,228/m²), a €3,239 (1.3%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada de Chelas | Subject | €240,000 | €4,286 | — | 65 | 81 |
| rua do Sol À Graça | Active | €338,000 | €5,281 | 23.2% | 60 | 83 |
| Alvalade · ba3a83 | Active | €299,999 | €6,977 | 62.8% | 65 | 78 |
| beco da Verónica | Active | €272,000 | €6,326 | 47.6% | 65 | 79 |
| Santa Maria Maior · 1e617b | Active | €240,000 | €3,692 | 13.8% | — | 83 |
| Median comp | €286,000 | €5,804 | 35.4% | 65 | 81 |
Long-term rental This 1-bed apartment in Penha de França, priced at €240,000, is slightly above its fair value of €236,761, resulting in a 1.3% gap that suggests it is overpriced. Despite the competitive yield of 4.9% gross and a solid neighbourhood rating of 81/100, the narrow margin above fair value raises concerns over long-term profitability. Luxury market The €240,000 listing for this apartment indicates that it is overpriced compared to the fair value of €236,761, creating apprehension for luxury market investors. The apartment's condition score of 62/100 does not support aspirations for high-end positioning, which is essential in attracting affluent buyers. Buy-and-hold With a listing price of €240,000 against a fair value of €236,761, this property is 1.3% overpriced, raising concerns about future appreciation in a buy-and-hold strategy. While the 4.9% gross yield seems appealing, the overpriced entry point may limit long-term capital growth potential in this investment. Short-term vacation rental The property in Penha de França, listed at €240,000, is overpriced compared to its fair value of €236,761, affecting its viability for the short-term vacation rental market. The local economic indicators do not sufficiently support high occupancy rates needed for profitability in this strategy. Student housing Priced at €240,000, this apartment exceeds its fair value of €236,761, which suggests it is overpriced for student housing use. The neighbourhood rating and amenities may attract students, but the cost-effectiveness of this investment remains questionable given the higher-than-expected price.
Tenant turnover risk With a tenant stability score of 70 out of 100, there's a significant risk of turnover, which may affect cash flow and increase leasing expenses due to potential vacancy periods.
