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 104 m² on the 1st floor, built in 1977, energy rating D. Located Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment boasts new PVC window frames with double glazing and electric shutters, enhancing energy efficiency and comfort in this vibrant Lisbon neighborhood.
The valuation. The asking price of €498,000 exceeds the fair value of €480,390 by €17,610 (3.5%), indicating the property is overpriced. This estimated fair value aligns with current market trends in the Penha de França district of Lisbon.
Fair value modelled at €480,390 from the area baseline, adjusted for condition and location. Asking €498,000 sits €17,610 (3.5%) above — overpriced versus fair value.
Asking €498,000 versus the Penha de França, Lisbon, Lisbon area baseline of €475,384 (€4,571/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 86/100 (Housing Market 90 · Amenities 90 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Penha de França, Lisbon, Lisbon
Area baseline €475,384 + condition +€11,862 + location +€58,975 = modelled fair value of €480,390 (€4,619/m²), a €17,610 (3.5%) gap versus the €498,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penha de França · 6c79a8 | Subject | €498,000 | €4,788 | — | 80 | 86 |
| Areeiro · ba57e5 | Active | €795,000 | €5,129 | 7.1% | 78 | 88 |
| Campolide · 6eba48 | Active | €575,000 | €4,423 | 7.6% | 74 | 78 |
| avenida 5 de Outubro, 267 | Active | €669,000 | €6,082 | 27.0% | 78 | 86 |
| rua Silva Carvalho | Active | €670,000 | €6,147 | 28.4% | 75 | 80 |
| Median comp | €669,500 | €5,606 | 17.1% | 77 | 83 |
Long-term rental The 3-bed apartment in Penha de França shows a fair value of €480,390, indicating it is overpriced at €498,000 with a gap of 3.5%. With a gross yield of 3.6%, the investment potential for long-term rentals appears limited compared to the local market valuations. Short-term vacation rental Given that the apartment is priced above its fair value, the short-term vacation rental strategy may not yield strong returns in a competitive market. The current yield of 3.6% suggests that the economics for this approach may not be favorable at the listing price. Luxury market Despite a high neighbourhood rating of 86/100, the apartment's listing price of €498,000 is above the fair value, which indicates a misalignment for potential luxury market positioning. The current gross yield of 3.6% further suggests that this investment lacks the compelling financial metrics typically sought in luxury real estate. Not ideal for student housing The property, being overpriced at €498,000, does not align with the affordability expected for student housing accommodations. This demographic typically seeks lower-priced options, making this apartment an unsuitable investment in that sector.
Tenant turnover risk With a tenant stability score of 70/100, there is a significant risk of turnover, which can lead to increased vacancy rates and associated costs.
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