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, 4-bathroom house of 203 m², built in 1945, energy rating E. Located on arco do Cego, Areeiro parish, Lisbon municipality, Lisbon district. Noteworthy Features: The property includes a versatile basement equipped with an additional living area and kitchen, ideal for guests or as a private retreat, enhancing its overall functionality.
The valuation. The asking price of €1,300,000 sits significantly above the fair value of €920,796, presenting a premium of €379,204 (29.2%). Verdict: overpriced. Buy-to-flip angle. A resale strategy could capitalize on high-demand features, yet returns may diminish due to the inflated acquisition cost. Buy-to-let angle. With an estimated gross yield of 2.7% (~€2,925/month), the property's rental income potential appears limited compared to market expectations.
Fair value modelled at €920,796 from the area baseline, adjusted for condition and location. Asking €1,300,000 sits €379,204 (29.2%) above — overpriced versus fair value.
Asking €1,300,000 versus the arco do Cego area baseline of €799,414 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 83/100 (Housing Market 90 · Amenities 95 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
arco do Cego
Area baseline €799,414 + condition +€15,859 + location +€105,523 = modelled fair value of €920,796 (€4,536/m²), a €379,204 (29.2%) gap versus the €1,300,000 asking price.
Long-term rental The property’s gross yield of 2.7% suggests that even with a long-term rental strategy, the returns would be suboptimal compared to market averages. Additionally, the 29.2% gap from the fair value indicates that the property is overpriced, making it a less attractive option for long-term investment. Buy-and-hold While the Areeiro neighborhood boasts a robust profile with a quality rating of 83/100, the current listing price reflects a significant overvaluation at €1,300,000. Holding onto this property with the expectation of appreciation may not yield satisfactory returns due to its overpriced status. Short-term vacation rental With a potential market for short-term rentals in a central Lisbon location, the property’s current pricing restricts profitability, given its 29.2% gap from fair value. The gross yield of 2.7% is inadequate for the associated investment risks, making this strategy less appealing in light of the property's overpriced condition. Not ideal for: Student housing The pricing dynamics at €1,300,000, significantly above its fair value, do not support the typically lower rental yields associated with student housing. The neighbourhood's strengths, while evident, do not compensate for the overvaluation in this particular investment segment.
Tenant turnover risk The tenant stability score of 70/100 suggests a moderate risk of tenant turnover, potentially affecting cash flow if vacancies arise.
