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.
5-bedroom, 3-bathroom apartment of 258 m², built in 1952, energy rating D. Located on avenida República, Avenidas Novas parish, Lisbon municipality, Lisbon district. Emphasizing: The apartment features a classic aesthetic with well-maintained finishes and a doorman for enhanced security in a highly sought-after central location.
The valuation. The asking price of €1,650,000 sits significantly above the fair value of €1,148,035, exceeding it by €501,965 or 30.4%. This indicates that the property is overpriced in the current market landscape.
Fair value modelled at €1,148,035 from the area baseline, adjusted for condition and location. Asking €1,650,000 sits €501,965 (30.4%) above — overpriced versus fair value.
Asking €1,650,000 versus the avenida República area baseline of €1,016,004 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 81/100 (Housing Market 90 · Amenities 80 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida República
Area baseline €1,016,004 + condition +€6,047 + location +€125,984 = modelled fair value of €1,148,035 (€4,450/m²), a €501,965 (30.4%) gap versus the €1,650,000 asking price.
Long-term rental The 5-bed apartment in Avenidas Novas has a gross yield of 2.8%, which indicates a weak return on investment relative to the listing price of €1,650,000. Considering the property's fair value is €1,148,035, the current listing represents a market that is overpriced, making long-term rental less appealing in terms of profitability. Short-term vacation rental While the prime location in Avenidas Novas may attract tourists, the high listing price of €1,650,000 sharply contrasts with its fair value of €1,148,035, indicating that the property is overpriced. This discrepancy dampens the potential for achieving a strong return in a short-term vacation rental strategy, as the yield remains low at 2.8%. Buy-and-hold The buy-and-hold strategy for this property is weak due to its current listing of €1,650,000 compared to the fair value of €1,148,035, suggesting that the property is overpriced. Although Avenidas Novas has positive ratings for its neighbourhood conditions, the long-term financial outlook is compromised by the excessive initial investment relative to projected returns.
Tenant turnover risk High tenant turnover is a concern due to the tenant stability score of 70/100, indicating potential challenges in maintaining consistent rental income.
