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.
0-bedroom, 0-bathroom mix_use_building of 571 m², built in 1937, energy rating D. Located on calçada da Picheleira, Beato parish, Lisbon municipality, Lisbon district. Investment Opportunity: The building has an approved PIP for housing, allowing for the construction of 7 apartments, alongside feasibility for alternative projects like a nursing home or hostel.
The valuation. The asking price of €1,590,000 is significantly below the fair value of €2,585,416, representing a discount of €995,416 (62.6%). This property is therefore considered underpriced and presents a favorable opportunity for investors.
Fair value modelled at €2,585,416 from the area baseline, adjusted for condition and location. Asking €1,590,000 sits €995,416 (62.6%) below — the upside to fair value.
Asking €1,590,000 versus the calçada da Picheleira area baseline of €2,721,386 (€4,766/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 78 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 81/100 (Housing Market 80 · Amenities 80 · Economic 90 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
calçada da Picheleira
Area baseline €2,721,386 + condition +€57,992 + location +€278,826 = modelled fair value of €2,585,416 (€4,528/m²), a €995,416 (62.6%) gap versus the €1,590,000 asking price.
Long-term rental The current listing price of €1,590,000 is significantly below the fair value of €2,585,416, presenting a gap of 62.6%. This marks an opportunity for long-term rental yields in a well-situated neighborhood, leveraging the local amenities and economic access of Lisbon. Buy-and-hold With a fair value exceeding the asking price by over €995,000, purchasing this property aligns with a buy-and-hold strategy that anticipates long-term appreciation. The mix-use nature of the building in a vibrant urban area suggests potential for value increase as the Lisbon real estate market continues to grow. Family rental The property’s strong condition rating of 82/100 and its neighborhood score of 81/100 make it a suitable candidate for family rental, capitalizing on the need for quality housing in Lisbon. The significant gap to fair value further supports the attractiveness of this building for families seeking stability and accessibility in urban living.
Tenant stability risk With a tenant stability score of 75/100, there is a moderate risk of higher turnover, which can lead to increased vacancy periods and additional costs associated with tenant replacements.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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