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.
4-bedroom, 1-bathroom apartment of 168 m², built in 1988, energy rating C. Located on rua Carvalho Araújo S / N, Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment includes an expansive 150m² terrace, offering unique opportunities for customization, such as a workshop or music studio, in a vibrant Lisbon neighborhood.
The valuation. The asking price of €800,000 is below the fair value of €934,307 by €134,307 (14.4%). This property is therefore underpriced, offering a compelling investment opportunity. Buy-to-flip angle. A resale strategy could focus on minor renovations to further enhance appeal, given the strong demand in this urban area, maximizing return on investment through quick sales. Buy-to-let angle. The estimated rental income is approximately €2,200/month, resulting in a gross yield of 3.3%. This positions the property strategically for long-term rental, catering to families in a high-demand neighborhood.
Fair value modelled at €934,307 from 6 comparable sales in the area. Asking €800,000 sits €134,307 (14.4%) below — the upside to fair value.
Asking €800,000 versus the rua Carvalho Araújo S / N area baseline of €733,357 (€4,365/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €733,357, adjusted for condition and micro-location, gives a modelled fair value of €934,307 (€5,561/m²), a €134,307 (14.4%) gap versus the €800,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Carvalho Araújo S / N | Subject | €800,000 | €4,762 | — | 78 | 83 |
| Beato · 28bbfa | Active | €410,000 | €5,125 | 7.6% | 75 | 86 |
| Penha de França · 1f3718 | Active | €490,000 | €5,444 | 14.3% | 72 | 80 |
| rua Aviador Plácido de Abreu, 4 | Active | €653,000 | €5,678 | 19.2% | 70 | 81 |
| rua do Triângulo Vermelho, 19 | Active | €592,500 | €5,386 | 13.1% | 80 | 86 |
| Median comp | €541,250 | €5,415 | 13.7% | 74 | 84 |
Long-term rental The property in Penha de França presents a compelling opportunity for long-term rental given its gap from fair value of 14.4% and solid neighbourhood quality score of 83/100. With a gross yield of 3.3%, the investment is positioned well to generate stable returns in a high-demand urban setting. Buy-and-hold Investing in this 4-bed apartment as a buy-and-hold strategy aligns with its subvalued status, making it an attractive prospect for capital appreciation over time. The combination of well-rated condition at 80/100 and proximity to the city center further supports this strategy, promising consistent demand. Family rental The apartment is ideally suited for family rental, bolstered by its generous size of 168m² and favourable local amenities. Its location within the Lisbon metropolitan area ensures strong tenant interest from families seeking quality housing in an urban environment.
Tenant turnover risk With a tenant stability score of 65/100, there is a significant concern regarding potential high turnover rates, which could lead to increased vacancy periods and costs.
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