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 110 m² on the 1st floor, built in 1931, energy rating D. Located Avenidas Novas parish, Lisbon municipality, Lisbon district. This apartment features a south-facing balcony that enhances natural light throughout the day, creating a bright and inviting atmosphere ideal for relaxation and entertainment.
The valuation. The asking price of €590,000 sits €26,597 (4.3%) below the fair value of €616,597, indicating the property is priced fairly in the current market context.
Fair value modelled at €616,597 from 6 comparable sales in the area. Asking €590,000 sits €26,597 (4.3%) below — the upside to fair value.
Asking €590,000 versus the Avenidas Novas, Lisbon, Lisbon area baseline of €500,776 (€4,553/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €500,776, adjusted for condition and micro-location, gives a modelled fair value of €616,597 (€5,605/m²), a €26,597 (4.3%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Avenidas Novas · 6a9590 | Subject | €590,000 | €5,364 | — | 80 | 81 |
| Areeiro · ba57e5 | Active | €795,000 | €5,129 | 4.4% | 78 | 88 |
| Penha de França · 6c79a8 | Active | €498,000 | €4,788 | 10.7% | 80 | 86 |
| avenida 5 de Outubro, 267 | Active | €669,000 | €6,082 | 13.4% | 78 | 86 |
| rua Doctor João de Barros | Active | €599,900 | €6,185 | 15.3% | 82 | 73 |
| Median comp | €634,450 | €5,606 | 4.5% | 79 | 86 |
Long-term rental The apartment offers a gross yield of 3.3%, making it a stable option for long-term rental investments in a desirable area. With a fair value close to the listing price, the property maintains its attractiveness for consistent rental income without significant risk. Buy-and-hold Investing in this property for a buy-and-hold strategy could yield steady returns, given its favorable location in Avenidas Novas and decent tenant quality. The fair valuation supports the potential for moderate appreciation over time without expecting dramatic price movements. Family rental As a family rental, this 3-bed apartment is ideally located in a safe suburban area with good access to amenities, appealing to families seeking stability. While offering a fair price, it aligns well with the needs of family tenants in the region. Not ideal for short-term vacation rental The property is not suited for short-term vacation rental, as its suburban setting may not attract transient guests looking for proximity to central Lisbon attractions. Additionally, the gross yield might not meet the expectations typically required for this investment strategy. Not ideal for luxury market This apartment does not align with the luxury market expectations, as it lacks the upscale features that attract high-net-worth individuals. Its fair valuation and average condition indicate it serves a more modest segment of the rental market. Not ideal for student housing The property is less than ideal for student housing due to its suburban location, which may pose challenges for attracting a student demographic that typically favors city center proximity. Furthermore, the 3.3% yield suggests it may not offer the competitive financial returns expected in the student rental sector.
Tenant turnover risk: With a tenant stability score of 75/100, there is a significant risk of higher tenant turnover, which could lead to increased vacancy rates and reduced rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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