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, 2-bathroom house of 180 m², energy rating E. Located on rua Pinheiro Chagas, Avenidas Novas parish, Lisbon municipality, Lisbon district. This property features a spacious attic with 279 m², already divided into rooms, perfect for personalized development into additional living spaces or recreational areas.
The valuation. The asking price of €450,000 sits €202,371 (31.0%) below the fair value of €652,371, indicating that this property is underpriced relative to the market. Buy-to-flip angle. The property presents an opportunity for a buy-and-flip strategy, targeting renovations that could significantly increase its resale potential in a desirable Lisbon neighborhood. Buy-to-let angle. With an estimated gross yield of 5.9%, the property is poised for strong long-term rental income, appealing to tenants seeking central Lisbon accommodations at a competitive monthly rate of approximately €2,212.
Fair value modelled at €652,371 from 6 comparable sales in the area. Asking €450,000 sits €202,371 (31.0%) below — the upside to fair value.
Asking €450,000 versus the rua Pinheiro Chagas area baseline of €732,871 (€4,072/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €732,871, adjusted for condition and micro-location, gives a modelled fair value of €652,371 (€3,624/m²), a €202,371 (31.0%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Pinheiro Chagas | Subject | €450,000 | €2,500 | — | 66 | 84 |
| rua José Bateira S / N | Active | €650,000 | €3,591 | 43.6% | 62 | 81 |
| rua Marechal Saldanha | Active | €367,000 | €3,398 | 35.9% | 70 | 80 |
| Campolide · 1f3448 | Active | €650,000 | €4,063 | 62.5% | 74 | 78 |
| calçada da Quintinha | Active | €255,000 | €2,198 | 12.1% | — | 80 |
| Median comp | €508,500 | €3,495 | 39.8% | 70 | 80 |
Long-term rental With a fair value of €652,371, the property's listing at €450,000 represents a significant opportunity for stable rental income in a central location like Avenidas Novas. The gross yield of 5.9% demonstrates solid potential for long-term returns, supported by the high tenant quality in the area. Buy-and-hold The listing price of €450,000 is considerably lower than the fair value of €652,371, suggesting that this property could appreciate over time, making it a valuable addition to a buy-and-hold strategy. The neighbourhood's strong economic performance and amenities enhance its appeal, ensuring sustained demand and potential for capital growth. Short-term vacation rental Investment in short-term vacation rental at a price of €450,000, which is 31.0% below fair value, is backed by the vibrant urban life of Avenidas Novas that attracts tourists year-round. Additionally, the neighbourhood's safety and amenities contribute to a favorable environment for short-term rentals, promising good occupancy rates. Not ideal for: Student housing, Luxury market, Value-add renovation Given the property's current condition rating of 65/100 and its location in an area away from typical student hubs or luxury demand, it is not suited for student housing or the luxury market. Additionally, the absence of high-value renovation potential limits the viability of a value-add strategy, making these approaches less favorable.
Tenant turnover risk The tenant stability score of 75 suggests a moderate likelihood of tenant turnover, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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