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, 3-bathroom house of 190 m², built in 2024, energy rating B. Located on calçada do Galvão, 33, Belém parish, Lisbon municipality, Lisbon district. Noteworthy Features: The property includes a flexible ground floor that can adapt to various uses such as a gym or guest area, enhancing the home's versatility for modern family needs.
The valuation. The asking price of €1,950,000 is significantly above the fair value of €1,048,239, making the property overpriced by €901,761 (86.0%). Such a discrepancy raises concerns about the investment potential. Buy-to-flip angle. A buy-to-flip strategy would necessitate careful consideration of potential renovations to increase resale value, but the current asking price may not allow for profitable margins upon resale. Buy-to-let angle. With a gross yield of 2%, projecting monthly rental income around €3,250 suggests that a long-term buy-and-hold strategy may not cover costs effectively, limiting investment viability.
Fair value modelled at €1,048,239 from 6 comparable sales in the area. Asking €1,950,000 sits €901,761 (86.0%) above — overpriced versus fair value.
Asking €1,950,000 versus the calçada do Galvão, 33 area baseline of €955,554 (€5,029/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €955,554, adjusted for condition and micro-location, gives a modelled fair value of €1,048,239 (€5,517/m²), a €901,761 (86.0%) gap versus the €1,950,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| calçada do Galvão, 33 | Subject | €1,950,000 | €10,263 | — | 85 | 73 |
| praça do Império | Active | €750,000 | €7,353 | 28.4% | 78 | 74 |
| rua Álvaro Fernandes | Active | €2,800,000 | €9,825 | 4.3% | 85 | 76 |
| travessa da Ajuda, 18 | Active | €795,000 | €3,581 | 65.1% | 70 | 74 |
| Belém · dee629 | Active | €1,197,000 | €4,534 | 55.8% | 82 | 78 |
| Median comp | €996,000 | €5,944 | 42.1% | 80 | 75 |
Family rental This property is overpriced at €1,950,000 with a substantial gap of 86.0% compared to its fair value of €1,048,239, making it difficult to justify for families looking for rental opportunities. The gross yield of 2% further indicates that the financial returns do not align with the price point for potential tenants. Long-term rental With a fair value significantly lower than the listing price, this property presents challenges for long-term rental investments, as its €1,950,000 price tag represents an 86% premium over the fair value of €1,048,239. The low yield of 2% reinforces the notion that this asset may not attract long-term renters seeking value. Buy-and-hold Given that this property is priced at €1,950,000, 86.0% above its fair valuation of €1,048,239, it appears overpriced for a buy-and-hold investment strategy. The low gross yield of 2% suggests that long-term appreciation may not compensate for the initial overinvestment required to acquire the property.
Tenant turnover risk The combination of a Tenant Stability score of 70/100 suggests a moderate likelihood of tenant turnover, which may impact cash flow stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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