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 56 m². Located on rua Afonso Galo, 29, Avenidas Novas parish, Lisbon municipality, Lisbon district. The property features a balcony off the main bedroom, enhancing outdoor living space and natural light throughout the unit.
The valuation. The asking price of €290,000 sits €39,963 (13.8%) above the fair value of €250,037. This property is therefore considered overpriced.
Fair value modelled at €250,037 from the area baseline, adjusted for condition and location. Asking €290,000 sits €39,963 (13.8%) above — overpriced versus fair value.
Asking €290,000 versus the rua Afonso Galo, 29 area baseline of €320,768 (€5,728/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 72 · Materials 70 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 90/100 (Housing Market 95 · Amenities 95 · Economic 90 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua Afonso Galo, 29
Area baseline €320,768 + condition -€5,775 + location +€35,284 = modelled fair value of €250,037 (€4,465/m²), a €39,963 (13.8%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Afonso Galo, 29 | Subject | €290,000 | €5,179 | — | 72 | 90 |
| travessa da Senhora da Glória | Active | €289,000 | €7,225 | 39.5% | 72 | 82 |
| Arroios · f366a2 | Active | €260,000 | €5,098 | 1.6% | 70 | 82 |
| Penha de França · 25f5c3 | Active | €355,000 | €5,820 | 12.4% | 65 | 86 |
| rua do Sol À Graça, 75 | Active | €345,000 | €6,273 | 21.1% | 72 | 77 |
| Median comp | €317,000 | €6,047 | 16.8% | 71 | 82 |
Buy-and-hold This 2-bed apartment in Avenidas Novas is priced at €290,000, which is 13.8% above its fair value of €250,037, indicating it is overpriced. While the neighbourhood boasts strong safety and amenities, the investment’s yield of 4.9% gross does not justify the elevated price point. Long-term rental With a fair value of €250,037, the listing price of €290,000 signifies an overpriced property, making a long-term rental strategy less appealing. Despite favorable tenant quality and a well-rated neighbourhood, the overall rental yield falls short relative to the investment cost. Luxury market Entrenched in Avenidas Novas, this apartment is priced at €290,000, suggesting it is overpriced compared to its fair value of €250,037. The high-quality neighborhood may support luxury offerings, but the current price does not align with a prudent luxury market investment strategy. Not ideal for Unfortunately, this property is not suitable for student housing or short-term rentals given its overpriced status, which diminishes expected returns. Additionally, it does not lend itself well to rural development when considering the high asking price relative to fair value.
Economic Dependence Risk The property may be overly dependent on a single economic sector due to an economic stability score of 90/100, which, despite its strength, can lead to vulnerabilities should this sector experience a downturn.
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