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 90 m² on the 2nd floor, energy rating E. Located Ajuda parish, Lisbon municipality, Lisbon district. Noteworthy Features: The property benefits from an abundance of natural light due to its east-west solar orientation and features a charming attic bedroom with closet space, enhancing functional living. Location: Quiet residential area with a strong neighborhood spirit and easy access to amenities and public transport.
The valuation. The asking price of €450,000 is significantly above the fair value of €385,597, reflecting an overpricing of €64,403, or 16.7%. This discrepancy suggests potential buyers may face challenges justifying the investment. Buy-to-flip angle. A buy-to-flip strategy on this apartment would require identifying cost-effective renovations to address dated decor elements, enhancing appeal for resale at a higher price point. Careful management of repair costs would be essential to secure a profitable flip. Buy-to-let angle. With an estimated gross yield of 3.8% at approximately €1,425 per month, the rental income strategy could attract long-term tenants in this developing Lisbon neighborhood. The decent quality of materials and proximity to urban amenities supports steady rental demand.
Fair value modelled at €385,597 from 6 comparable sales in the area. Asking €450,000 sits €64,403 (16.7%) above — overpriced versus fair value.
Asking €450,000 versus the Ajuda, Lisbon, Lisbon area baseline of €292,688 (€3,252/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €292,688, adjusted for condition and micro-location, gives a modelled fair value of €385,597 (€4,284/m²), a €64,403 (16.7%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ajuda · 4a4392 | Subject | €450,000 | €5,000 | — | 72 | 75 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 8ee53a | Active | €325,000 | €4,452 | 11.0% | 70 | 72 |
| rua Alexandre de Sá Pinto, 147 | Active | €630,000 | €5,122 | 2.4% | 73 | 71 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 0dcd47 | Active | €585,000 | €4,179 | 16.4% | 72 | 75 |
| rua Doutor Manuel de Arriaga | Active | €360,000 | €4,390 | 12.2% | 70 | 74 |
| Median comp | €472,500 | €4,421 | 11.6% | 71 | 73 |
Long-term rental The property’s listing price of €450,000, which is 16.7% above the fair value of €385,597, suggests an unfavorable return on investment in a long-term rental scenario. With a gross yield of only 3.8% and a condition rating of 70/100, the property may struggle to attract stable, long-term tenants. Short-term vacation rental The property’s current price of €450,000 limits the potential profitability of a short-term vacation rental, as the fair value is substantially lower at €385,597, indicating that the investment is overpriced. Given the competitive short-term rental landscape in Lisbon, achieving high occupancy rates might be challenging with such a pricing disparity. Buy-and-hold Investing in this property as a buy-and-hold strategy seems questionable, since it is listed at €450,000 compared to a fair valuation of €385,597, making it overpriced. The modest yield of 3.8% and a condition rating of 70/100 imply limited capital appreciation potential over time in the evolving Lisbon market.
Potential tenant turnover risk: With a tenant stability score of 70/100, there is a significant risk of higher vacancy rates and potential loss of rental income if tenants frequently change.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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