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 61 m² on the 2nd floor, built in 1970, energy rating D. Located on travessa das Florindas, Ajuda parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment includes a closed balcony with river views, enhancing natural light and presenting a unique renovation project opportunity in a desirable location with investment potential.
The valuation. The asking price of €370,000 is above the fair value of €334,048 by €35,952, equating to a premium of 10.8%. This indicates the property is priced too high relative to current market conditions.
Fair value modelled at €334,048 from 6 comparable sales in the area. Asking €370,000 sits €35,952 (10.8%) above — overpriced versus fair value.
Asking €370,000 versus the travessa das Florindas area baseline of €312,606 (€5,125/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 is below the parish average, reducing 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 €312,606, adjusted for condition and micro-location, gives a modelled fair value of €334,048 (€5,476/m²), a €35,952 (10.8%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa das Florindas | Subject | €370,000 | €6,066 | — | 64 | 81 |
| Belém · be9158 | Active | €370,000 | €5,286 | 12.9% | — | 74 |
| travessa do Moinho de Vento | Active | €350,000 | €4,667 | 23.1% | — | 84 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 483a9e | Active | €340,000 | €4,928 | 18.8% | 55 | 75 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · ba3f69 | Active | €360,000 | €5,902 | 2.7% | 70 | 74 |
| Median comp | €355,000 | €5,107 | 15.8% | 63 | 75 |
Long-term rental The property has a yield of 3.5%, which is modest but reflects the local rental market conditions. However, given its price of €370,000 versus a fair value of €334,048, this apartment appears to be overpriced, making it less appealing for long-term rental investment. Family rental While the neighbourhood scores an 81/100 for livability and local amenities, the high listing price of €370,000 signals that this property is overpriced. Families looking for rental options may find better value elsewhere, given that the fair value is significantly lower at €334,048. Buy-and-hold As a buy-and-hold investment, the property’s annual gross yield of 3.5% may not justify the €370,000 asking price, especially when the fair value is only €334,048. Therefore, without a significant appreciation potential, the property is overpriced and may not yield favorable returns in the long term.
Potential Tenant Turnover Risk Tenant turnover could be a concern given a Tenant Stability score of 75/100, indicating 25% potential instability among tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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