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.
5-bedroom, 3-bathroom apartment of 195 m². Located on praça Espanha, Avenidas Novas parish, Lisbon municipality, Lisbon district. Noteworthy Features: The building includes a storage room and benefits from a horizontal ownership structure, offering potential for future modifications and personalization of living spaces.
The valuation. The asking price of €600,000 is significantly below the fair value of €835,020, indicating a compelling opportunity with a difference of €235,020 (28.1%). Verdict: underpriced.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça Espanha | Subject | €600,000 | €3,077 | — | — | 84 |
| Penha de França · 483a93 | Active | €350,000 | €3,500 | 13.7% | 60 | 85 |
| rua de Santa Marta | Active | €1,195,000 | €6,005 | 95.2% | 72 | 82 |
| avenida da Liberdade | Active | €830,000 | €5,287 | 71.8% | — | 87 |
| praça Espanha | Active | €600,000 | €2,913 | 5.3% | 80 | 90 |
| Median comp | €715,000 | €4,394 | 42.8% | 72 | 86 |
Long-term rental With a gross yield of 6% and a fair value gap of 28.1%, this property presents a solid opportunity for long-term rental in a desirable neighborhood. The central location in Lisbon enhances its attractiveness to potential tenants, ensuring sustained demand. Buy-and-hold Investing in this centrally located property allows for significant appreciation potential given its fair value of €835,020 compared to the listing price of €600,000. As the neighborhood maintains a strong tenant quality rating of 84, the property is likely to appreciate further in the long run. Family rental The spacious 5-bed layout makes this property well-suited for family rental, especially in a city known for its quality education options. Coupled with a safer environment and urban conveniences, families are more likely to seek out this desirable location. Not ideal for short-term rental Given the property's poor condition rating of 0/100, it is not suitable for short-term rental strategies, where property appearance significantly impacts appeal. Additionally, the current listing price does not reflect the necessary investment needed for appealing short-term accommodations. Not ideal for student housing While Lisbon offers educational opportunities, the property's location and condition do not align with the typically high demands of student housing, which requires proximity to schools and universities. Furthermore, the extensive space may not cater to the preferences of student tenants. Not ideal for value-add renovation The existing condition rating of 0/100 indicates that substantial renovations are needed, which may exceed the potential upside of the property. This makes it a less attractive value-add opportunity, especially considering the significant initial investment required.
Economic Dependence Risk The property may be adversely affected by economic fluctuations despite a high economic stability score of 90/100, as tenant stability at 80/100 indicates a moderate risk of tenant turnover during downturns.
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