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.
4-bedroom, 3-bathroom apartment of 217 m² on the 4th floor, energy rating A. Located on avenida Miguel Bombarda, 128, Avenidas Novas parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment boasts original 150-year-old ceiling moldings, seamlessly integrating historical charm with modern luxury in its completely renovated spaces.
The valuation. The asking price of €1,650,000 is €287,500 (14.8%) below the fair value of €1,937,500, indicating that this property is subvalued. This presents an attractive opportunity for investors seeking valuable real estate. Buy-to-flip angle. With the apartment being well-maintained and located in a high-demand district, a buy-to-flip strategy could yield a profitable resale, leveraging the attractive features and the price point below fair value. Buy-to-let angle. The estimated rental income of €3,300 per month yields a gross yield of 2.4%, making it a feasible option for long-term rental. The property’s high condition and desirable location can attract quality tenants.
Fair value modelled at €1,937,500 from 6 comparable sales in the area. Asking €1,650,000 sits €287,500 (14.8%) below — the upside to fair value.
Asking €1,650,000 versus the avenida Miguel Bombarda, 128 area baseline of €1,657,969 (€7,640/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 89/100 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 €1,657,969, adjusted for condition and micro-location, gives a modelled fair value of €1,937,500 (€8,929/m²), a €287,500 (14.8%) gap versus the €1,650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Miguel Bombarda, 128 | Subject | €1,650,000 | €7,604 | — | 90 | 80 |
| avenida da Liberdade, 8 | Active | €3,200,000 | €11,552 | 51.9% | 85 | 85 |
| avenida António Augusto de Aguiar | Active | €1,860,000 | €8,857 | 16.5% | 80 | 82 |
| rua Joaquim Rocha Cabral S / N | Active | €1,190,000 | €6,071 | 20.2% | 85 | 78 |
| avenida da República, 76 | Active | €1,020,000 | €6,415 | 15.6% | 78 | 83 |
| Median comp | €1,525,000 | €7,636 | 0.4% | 83 | 83 |
Long-term rental The 4-bed apartment in Avenidas Novas offers a strong potential for long-term rental due to its favorable fair value, suggesting a 14.8% gap and indicating it's currently underpriced. With a gross yield of 2.4% and solid tenant quality in a high-demand area, it provides a solid return on investment in a growing market. Short-term vacation rental Given the appealing location and fair value alignment, this property could thrive in the short-term vacation rental market, capitalizing on Lisbon's tourist influx. The well-maintained condition (89/100) and desirable neighborhood (80/100) enhance its attractiveness to short-term rentals, promising a favorable return. Buy-and-hold Investing in this property as a buy-and-hold asset is a sound strategy, particularly given its subvalorizada status of €1,650,000 versus a fair value of €1,937,500. This indicates potential for appreciation over time, coupled with steady rental income in a high-demand region. Not ideal for student housing Despite its favorable features, this 4-bed apartment is not ideally suited for student housing due to the competitive market dynamics and pricing structure prevalent in Lisbon. The economic and tenant quality metrics suggest that it may attract more affluent renters than the student demographic.
Economic Volatility Risk The high economic stability score of 90 suggests a robust local economy, but the tenant stability score of 80 indicates that there may be fluctuations in tenant demand, posing a risk to consistent rental income.
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