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 126 m², built in 1996, energy rating C. Located on calçada das Lajes, Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment boasts a stunning river view and is located in the sought-after Calçada das Lages area, enhancing both its aesthetic appeal and investment potential.
The valuation. The asking price of €615,000 exceeds the fair value of €539,358 by €75,642 (12.3%), indicating that the property is overpriced. This discrepancy suggests that potential investors should exercise caution before committing to purchase.
Fair value modelled at €539,358 from the area baseline, adjusted for condition and location. Asking €615,000 sits €75,642 (12.3%) above — overpriced versus fair value.
Asking €615,000 versus the calçada das Lajes area baseline of €575,946 (€4,571/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 73 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 85 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
calçada das Lajes
Area baseline €575,946 + condition -€12,403 + location +€55,573 = modelled fair value of €539,358 (€4,281/m²), a €75,642 (12.3%) gap versus the €615,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| calçada das Lajes | Subject | €615,000 | €4,881 | — | 70 | 78 |
| rua de Xabregas | Active | €505,000 | €5,611 | 15.0% | 75 | 82 |
| rua Sarmento de Beires, 11 | Active | €810,000 | €4,197 | 14.0% | 78 | 80 |
| Penha de França · 00178e | Active | €520,000 | €4,228 | 13.4% | 67 | 83 |
| rua Diário de Noticias, 52 | Active | €485,000 | €5,105 | 4.6% | 70 | 82 |
| Median comp | €512,500 | €4,667 | 4.4% | 73 | 82 |
Long-term rental The 3-bed apartment in Penha de França is currently listed at €615,000, which exceeds its fair value of €539,358 by 12.3%. At a gross yield of 3.4%, this investment does not present a favorable return relative to market conditions. Buy-and-hold Investing in this property for a buy-and-hold strategy may not be wise, as the listing price reflects a 12.3% premium over its fair value. With a condition rating of 69/100, the potential for asset appreciation in this competitive market is limited. Family rental While the location in an affluent neighborhood holds some appeal for family rentals, the €615,000 asking price is 12.3% over fair value. Coupled with a yield of only 3.4%, this property does not offer a compelling value proposition for families seeking long-term accommodations.
Tenant turnover risk High tenant turnover, indicated by a tenant stability score of 70/100, could lead to increased vacancy rates and additional costs for the property owner.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
