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 54 m², energy rating E. Located on rua Cecília Meireles, 21, São Domingos de Benfica parish, Lisbon municipality, Lisbon district. This apartment features a private balcony off one of the bedrooms, providing outdoor space and additional natural light, enhancing the living experience.
The valuation. The asking price of €435,000 is significantly above the fair value of €245,791, resulting in an overpriced property by €189,209 (43.5%). This discrepancy highlights the need for a careful reconsideration by potential investors.
Fair value modelled at €245,791 from the area baseline, adjusted for condition and location. Asking €435,000 sits €189,209 (43.5%) above — overpriced versus fair value.
Asking €435,000 versus the rua Cecília Meireles, 21 area baseline of €212,652 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 82 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 84/100 (Housing Market 90 · Amenities 80 · Economic 90 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Cecília Meireles, 21
Area baseline €212,652 + condition +€4,219 + location +€28,921 = modelled fair value of €245,791 (€4,552/m²), a €189,209 (43.5%) gap versus the €435,000 asking price.
Long-term rental This 2-bed apartment in São Domingos de Benfica is currently overpriced at €435,000, presenting a significant gap of 43.5% above its fair value of €245,791. With a gross yield of just 2.9%, the potential returns do not justify the high investment cost in a competitive rental market. Buy-and-hold While the location boasts an appealing neighbourhood rating of 84/100, the property's price exceeds fair value, making it a less attractive long-term holding strategy. The 80/100 condition rating suggests decent maintenance but does not mitigate the risks posed by the overpriced valuation. Luxury market Although the apartment is positioned in a desirable neighbourhood, its current listing price of €435,000 indicates it falls into the luxury market category, yet it is priced 43.5% above fair value. This overvaluation detracts from the attractiveness of acquiring a luxury asset that does not align with market fundamentals.
Increased vacancy risk Given the economic stability score of 90/100, while strong, the tenant stability score of 75/100 suggests a potential for higher turnover rates, which could lead to increased vacancy risks.