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.
3-bedroom, 2-bathroom apartment of 85 m². Located on rua Engenheiro Nobre Guedes In Benfica, Penha de França parish, Lisbon municipality, Lisbon district. Natural Light: The apartment is designed with large windows that maximize sunlight exposure throughout the day, enhancing the spacious feel of the living areas and bedrooms. Outdoor Space: An open balcony of 12.33m² offers a private area for relaxation or outdoor dining, contributing to the overall living experience.
The valuation. The asking price of €599,900 is significantly above the fair value of €398,912, indicating an overpricing of €200,988 (33.5%). This property does not represent a fair market deal based on current market conditions.
Fair value modelled at €398,912 from the area baseline, adjusted for condition and location. Asking €599,900 sits €200,988 (33.5%) above — overpriced versus fair value.
Asking €599,900 versus the rua Engenheiro Nobre Guedes In Benfica area baseline of €381,480 (€4,488/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 78 · Materials 90 · Room dimensions 88). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 90/100 (Housing Market 95 · Amenities 90 · Economic 90 · Tenant Quality 85). Strong amenities and housing-market momentum support a premium to baseline.
rua Engenheiro Nobre Guedes In Benfica
Area baseline €381,480 + condition +€10,625 + location +€53,557 = modelled fair value of €398,912 (€4,693/m²), a €200,988 (33.5%) gap versus the €599,900 asking price.
Long-term rental The 3-bed apartment in Penha de França is overpriced by 33.5%, as its current listing of €599,900 significantly exceeds its fair value of €398,912. With a yield of only 2.7%, the investment does not align with market expectations for long-term rental returns. Luxury market Despite being in a desirable central Lisbon location with a commendable condition rating of 86/100, the property's valuation of €599,900 makes it an overstated investment opportunity in the luxury segment. The gap from the fair value indicates that other, potentially more suitable options may deliver better long-term appreciation in a competitive luxury market. Buy-and-hold The apartment's current price of €599,900 suggests it is overpriced when compared to its fair value of €398,912, limiting potential capital growth in a buy-and-hold strategy. With a modest gross yield of 2.7%, this property does not fit well within a long-term wealth accumulation plan in its present financial state. Not ideal for short-term vacation rental Given its listing price, this property is not suited for short-term vacation rental models, as the high acquisition cost of €599,900 contrasts poorly with the average returns available in the market. The 2.7% yield reinforces that the investment would struggle to generate viable cash flows typical of successful short-term rental operations.
Economic Dependency Risk: With an economic stability score of 90/100, any downturn affecting the local economy could significantly impact tenant retention and rental income.
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