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 62 m² on the 1st floor, energy rating E. Located on avenida General Roçadas, Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment includes access to a community garden where residents cultivate vegetables and herbs, fostering community engagement in a tranquil setting. Property Location: Set in the exclusive Vila Cândida enclave, the property offers a uniquely peaceful environment with minimal traffic and parking just outside your door.
The valuation. The asking price of €350,000 is €12,400 (3.4%) below the fair value of €362,400, indicating a fair positioning in the market. This valuation reflects a reasonable opportunity for potential investors considering the property’s strengths. Buy-to-flip angle. A buy-to-flip strategy can leverage the apartment's high-quality finishes and desirable location, targeting a resale price above €362,400 within a competitive market. The anticipated appreciation in the Lisbon real estate sector supports this flipping potential. Buy-to-let angle. Utilizing a buy-to-let approach, estimated rental income is approximately €1,108/month, yielding a gross yield of 3.8%. This strategy benefits from the property’s proximity to Lisbon's metro and commercial center, appealing to long-term tenants.
Fair value modelled at €362,400 from 6 comparable sales in the area. Asking €350,000 sits €12,400 (3.4%) below — the upside to fair value.
Asking €350,000 versus the avenida General Roçadas area baseline of €308,463 (€4,975/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €308,463, adjusted for condition and micro-location, gives a modelled fair value of €362,400 (€5,845/m²), a €12,400 (3.4%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida General Roçadas | Subject | €350,000 | €5,645 | — | 72 | 90 |
| rua das Enfermeiras da Grande Guerra, 5 | Active | €450,000 | €5,844 | 3.5% | 73 | 80 |
| rua Dom Pedro V, 48 | Active | €440,000 | €7,333 | 29.9% | 70 | 84 |
| rua António Luís Inácio | Active | €355,000 | €6,121 | 8.4% | 74 | 82 |
| rua do Sol | Active | €284,000 | €4,733 | 16.2% | 70 | 83 |
| Median comp | €397,500 | €5,983 | 6.0% | 72 | 83 |
Long-term rental Given its fair valuation and gross yield of 3.8%, this apartment in Penha de França offers stable rental income potential in a highly desirable neighborhood. The property's proximity to Lisbon's metro and commercial center supports a steady demand from tenants seeking long-term housing. Short-term vacation rental While the property is fairly priced, its location within a vibrant neighborhood makes it an attractive option for short-term rental purposes. The growing tourist appeal and ease of access to local amenities could result in favorable occupancy rates. Buy-and-hold Investing in this property as a buy-and-hold strategy aligns well with its fair valuation, offering a reliable asset for long-term appreciation. The appealing neighborhood and strong demand for housing in Lisbon support potential future gains in property value. Not ideal for student housing This apartment does not present a compelling opportunity for student housing, as its price point does not match the typical budget of this demographic. Additionally, the strong demand from long-term renters may overshadow the student rental market. Not ideal for value-add renovation Considering this property is valued fairly, there may be limited upside potential to justify investments in value-add renovations. The current condition, rated 75/100, suggests minimal room for enhancement that could significantly increase value. Not ideal for industrial conversion Conversion of this residential apartment into industrial space is inadvisable, as it is not aligned with market demands or zoning requirements. The property's characteristics and location favor residential use, leaving little potential for industrial applications.
Economic Fluctuation Risk The high economic stability score of 90 indicates resilience, but any unforeseen economic downturn could still negatively impact overall profitability, especially with a tenant stability score of 85 indicating some potential for turnover risks.
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