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 106 m² on the 5th floor, energy rating C. Located on estrada de Chelas, Penha de França parish, Lisbon municipality, Lisbon district. The apartment features a private storage unit on the top floor, maximizing utility in a compact living space, while offering panoramic views of Tagus River from the balcony.
The valuation. The asking price of €529,500 is slightly below the fair value of €540,794, indicating a difference of €11,294 or 2.1%. This aligns with the verdict that the property is fairly priced. Buy-to-flip angle. With a strong demand in Lisbon's central area, a resale strategy could capitalize on the predicted appreciation in property values, allowing for a profitable flip within one to two years. Buy-to-let angle. The gross yield stands at an attractive 3.4%, with estimated rental income around €1,500 monthly, making it a solid buy-and-hold investment for long-term passive income.
Fair value modelled at €540,794 from 6 comparable sales in the area. Asking €529,500 sits €11,294 (2.1%) below — the upside to fair value.
Asking €529,500 versus the estrada de Chelas area baseline of €392,735 (€3,705/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €392,735, adjusted for condition and micro-location, gives a modelled fair value of €540,794 (€5,102/m²), a €11,294 (2.1%) gap versus the €529,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada de Chelas | Subject | €529,500 | €4,995 | — | 82 | 82 |
| avenida Conde de Valbom, 65 | Active | €650,000 | €4,577 | 8.4% | 80 | 85 |
| rua Sarmento de Beires, 32 | Active | €680,000 | €5,075 | 1.6% | 73 | 78 |
| rua Actor Vale, 41 | Active | €575,000 | €4,873 | 2.5% | 72 | 83 |
| avenida da Liberdade | Active | €985,000 | €7,296 | 46.1% | 78 | 87 |
| Median comp | €665,000 | €4,974 | 0.4% | 76 | 84 |
Long-term rental This 3-bed apartment in Penha de França, currently listed at €529,500, presents a fair investment opportunity as it aligns closely with its fair value of €540,794, reflecting a minimal gap of 2.1%. With a gross yield of 3.4%, it offers steady cash flow potential in a neighbourhood with strong tenant quality and amenities. Short-term vacation rental The property's fair valuation suggests that the current listing price of €529,500 is appropriate, as the fair value sits at €540,794 with a minor difference of 2.1%. Additionally, the apartment's good condition rating of 85/100 and the attractive neighbourhood enhance its appeal for short-term rental opportunities. Buy-and-hold At a listing price of €529,500, which is fair against the calculated fair value of €540,794, the investment suggests stability rather than a significant upside. The strong economic outlook and vibrant amenities in Penha de França support the potential for long-term capital appreciation without the expectation of immediate gains.
Tenant turnover risk With a tenant stability score of 70/100, there is a significant risk of increased tenant turnover, which could lead to higher vacancy rates and associated costs.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
