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 apartment of 132 m² on the 3rd floor, energy rating D. Located on avenida Defensores de Chaves, 43, Avenidas Novas parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment features a dual living room with balcony access and unobstructed views, enhancing its appeal for natural light and spaciousness.
The valuation. The asking price of €860,000 exceeds the fair value of €724,326 by €135,674, which is an 18.7% premium. This property is considered overpriced based on current market metrics.
Fair value modelled at €724,326 from 6 comparable sales in the area. Asking €860,000 sits €135,674 (18.7%) above — overpriced versus fair value.
Asking €860,000 versus the avenida Defensores de Chaves, 43 area baseline of €760,270 (€5,760/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €760,270, adjusted for condition and micro-location, gives a modelled fair value of €724,326 (€5,487/m²), a €135,674 (18.7%) gap versus the €860,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Defensores de Chaves, 43 | Subject | €860,000 | €6,515 | — | 70 | 81 |
| alameda das Linhas de Torres | Active | €850,000 | €5,183 | 20.4% | 70 | 79 |
| rua José Relvas, 40 | Active | €499,000 | €5,802 | 10.9% | 70 | 81 |
| largo Mendonça e Costa, 9 | Active | €525,000 | €5,250 | 19.4% | 72 | 78 |
| Avenidas Novas · be9648 | Active | €790,000 | €5,725 | 12.1% | 76 | 84 |
| Median comp | €657,500 | €5,488 | 15.8% | 71 | 80 |
Long-term rental The property is overvalued at €860,000, which is 18.7% above its fair value of €724,326, making it less attractive as a long-term rental investment given the yield of only 2.8%. Additionally, with a condition rating of 67/100 and a neighbourhood quality of 81/100, the potential for strong tenant demand may not justify the current pricing. Short-term vacation rental Although the apartment's location in Avenidas Novas offers potential for short-term vacation rentals, its price tag of €860,000 is 18.7% higher than the fair value of €724,326, leading to challenges in achieving a satisfactory return on investment. The gross yield of 2.8% further indicates that the property is not positioned favorably for the competitive short-term rental market. Buy-and-hold Purchasing this 4-bed apartment at €860,000 would be unwise as it is overpriced relative to its fair value of €724,326, with an expected yield of only 2.8%. The relatively high price combined with its moderate condition rating raises concerns about long-term capital appreciation potential in this holding strategy.
Moderate Tenant Instability The tenant stability score of 75/100 indicates a potential risk of moderate fluctuations in rental income due to possible tenant turnover or instability in the current tenant base.
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