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.
2-bedroom, 1-bathroom apartment of 70 m² on the 1st floor, energy rating D. Located Belém parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment features large windows that provide ample natural light and a balcony overlooking a communal garden area, enhancing outdoor space accessibility.
The valuation. The asking price of €370,000 is significantly above the fair value of €220,092, resulting in an overvaluation of €149,908 (40.5%). This property is overpriced, making it a less attractive investment option. Buy-to-flip angle. A buy-to-flip strategy may not yield desirable returns due to the high premium paid, although renovations could increase potential resale value in a more favorable market. Targeting a quick sale could prove challenging given the elevated initial investment. Buy-to-let angle. Adopting a buy-to-let strategy could provide an estimated gross yield of 4%, translating to approximately €1,233 per month in rental income. Given the proximity to Lisbon's amenities, this could attract stable tenants for long-term rental success.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Belém · be9158 | Subject | €370,000 | €5,286 | — | — | 74 |
| rua Mata de São Mateus, 13 | Active | €360,000 | €6,000 | 13.5% | 65 | 74 |
| rua Sacadura Cabral, 11 | Active | €280,000 | €5,833 | 10.4% | 55 | 72 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · ba3f69 | Active | €360,000 | €5,902 | 11.7% | 70 | 74 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 483a9e | Active | €340,000 | €4,928 | 6.8% | 55 | 75 |
| Median comp | €350,000 | €5,868 | 11.0% | 60 | 74 |
Long-term rental The 4% gross yield on this property is not compelling given its substantial gap of 40.5% from fair value, indicating it is overpriced at €370,000. Additionally, with a condition score of 0/100, the property may require significant investment before it can attract reliable long-term tenants. Family rental Targeting families in the Greater Lisbon area can be challenging due to the €370,000 asking price being 40.5% higher than its fair value. Furthermore, the property’s low condition rating implies increased maintenance costs, making it less appealing for families seeking quality accommodations. Buy-and-hold Holding onto this property is questionable due to its pricing being 40.5% above fair value, suggesting it may not appreciate in the long term as hoped. While Belém offers attractive neighborhood amenities, the current asking price presents a significant risk for long-term investment. Not ideal for: Short-term vacation rental, Student housing, Luxury market.
Tenant turnover risk Higher tenant turnover may occur given the tenant stability score of 74/100, potentially impacting rental income and increasing costs associated with re-leasing.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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