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 81 m², energy rating B. Located Penha de França parish, Lisbon municipality, Lisbon district. This apartment features newly varnished original wooden floors and a flexible closed balcony designed as a social area, enhancing both aesthetics and functionality for modern living.
The valuation. The asking price of €535,000 is below the fair value of €603,900, representing a discount of €68,900 (11.4%). This suggests the property is underpriced and offers an attractive entry point for investors.
Fair value modelled at €603,900 from 6 comparable sales in the area. Asking €535,000 sits €68,900 (11.4%) below — the upside to fair value.
Asking €535,000 versus the Penha de França, Lisbon, Lisbon area baseline of €510,428 (€6,302/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €510,428, adjusted for condition and micro-location, gives a modelled fair value of €603,900 (€7,456/m²), a €68,900 (11.4%) gap versus the €535,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penha de França · f5eb30 | Subject | €535,000 | €6,605 | — | 75 | 81 |
| rua dos Douradores | Active | €880,000 | €9,670 | 46.4% | 75 | 95 |
| travessa do Cabral | Active | €980,000 | €7,840 | 18.7% | 82 | 77 |
| praça Dom Luís I | Active | €560,000 | €7,778 | 17.8% | 75 | 83 |
| São Vicente · 090190 | Active | €490,000 | €6,622 | 0.3% | 78 | 82 |
| Median comp | €720,000 | €7,809 | 18.2% | 77 | 83 |
Long-term rental The 2-bed apartment in Penha de França shows a strong potential for long-term rental, given its desirable neighborhood rating of 81/100 and a fair value appraisal reflecting its growth prospects. Despite a gross yield of 2.8%, the apartment's price is 11.4% below fair value, indicating a favorable investment opportunity for steady income generation. Buy-and-hold Investing in this apartment aligns well with a buy-and-hold strategy, supported by its current price being substantially lower than its fair value of €603,900. The solid condition rating of 79/100 further enhances its appeal for long-term appreciation in the vibrant central Lisbon market. Short-term vacation rental As a short-term vacation rental, this property capitalizes on the increasing demand for tourist accommodations in central Lisbon, with a prime location and a high neighborhood rating of 81/100. While the current yield stands at 2.8%, its underpriced status presents an opportunity for generating higher rental returns in the short-term market.
Tenant turnover risk: With a tenant stability score of 70/100, there is a moderate risk of turnover which could lead to potential vacancy and loss of rental income during transition periods.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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