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 148 m², built in 1949, energy rating B. Located Arroios parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment includes direct access to a common terrace, enhancing outdoor social opportunities, and features a functional layout with a separate pantry for additional storage.
The valuation. The asking price of €649,900 is significantly below the fair value of €924,889, indicating a discount of €274,989 (29.7%). This presents an opportunity as the property is underpriced in the current market. Buy-to-flip angle. The strategy would involve renovating the apartment to enhance its appeal, then reselling it for a profit in the thriving Arroios area, leveraging Lisbon's strong demand for modernized units. Buy-to-let angle. With a gross yield of 3.4%, estimated rental income of €1,841/month provides a stable cash flow, making it an attractive option for long-term rental or short-term vacation leasing in a desirable location.
Fair value modelled at €924,889 from 6 comparable sales in the area. Asking €649,900 sits €274,989 (29.7%) below — the upside to fair value.
Asking €649,900 versus the Arroios, Lisbon, Lisbon area baseline of €877,967 (€5,932/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €877,967, adjusted for condition and micro-location, gives a modelled fair value of €924,889 (€6,249/m²), a €274,989 (29.7%) gap versus the €649,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Arroios · f5ec19 | Subject | €649,900 | €4,391 | — | 71 | 81 |
| Arroios · 1e62f4 | Active | €455,000 | €4,789 | 9.1% | — | 83 |
| rua Morais Soares, 54 | Active | €480,000 | €5,333 | 21.5% | 70 | 85 |
| Arroios · 6fbc32 | Active | €749,000 | €7,133 | 62.4% | 75 | 83 |
| rua do Barão | Active | €995,000 | €6,589 | 50.1% | 90 | 82 |
| Median comp | €614,500 | €5,961 | 35.7% | 75 | 83 |
Long-term rental The property is positioned favorably for long-term rental due to its close proximity to Lisbon's city center and strong economic base, ensuring consistent demand. With a fair value 29.7% higher than the current listing price, investors can expect healthy rental yields and future appreciation. Short-term vacation rental As a desirable apartment in a prime location, this property holds significant potential for short-term vacation rentals, attracting tourists seeking quality accommodations. The current pricing relative to fair value makes it a compelling investment for those looking to capitalize on the growing tourism in Lisbon. Buy-and-hold This property presents an excellent buy-and-hold opportunity, especially with a fair value significantly exceeding the listing price, indicating strong long-term appreciation potential. Its location and condition suggest reliable tenant demand, enhancing its investment appeal over time.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of turnover, which could lead to potential vacancies and increased costs in tenant replacement.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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