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.
2-bedroom, 1-bathroom apartment of 62 m² on the 3rd floor, built in 1946, energy rating E. Located Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment boasts high ceilings and reclaimed solid wood flooring, enhancing its historic charm while providing modern aesthetics and comfort.
The valuation. The asking price of €449,900 is significantly above the fair value of €318,386, representing an overvaluation of €131,514 (41.3%). This price does not provide a compelling investment opportunity given its current market standing.
Fair value modelled at €318,386 from 6 comparable sales in the area. Asking €449,900 sits €131,514 (41.3%) above — overpriced versus fair value.
Asking €449,900 versus the Penha de França, Lisbon, Lisbon area baseline of €253,454 (€4,088/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €253,454, adjusted for condition and micro-location, gives a modelled fair value of €318,386 (€5,135/m²), a €131,514 (41.3%) gap versus the €449,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penha de França · 627436 | Subject | €449,900 | €7,256 | — | 75 | 83 |
| Beato · b7b578 | Active | €320,000 | €3,200 | 55.9% | 75 | 84 |
| rua Braamcamp Freire | Active | €362,500 | €4,265 | 41.2% | 78 | 83 |
| rua da Oliveirinha | Active | €323,000 | €5,569 | 23.3% | 72 | 82 |
| rua do Vale de Santo António, 215 | Active | €415,000 | €5,321 | 26.7% | 73 | 83 |
| Median comp | €342,750 | €4,793 | 33.9% | 74 | 83 |
Long-term rental The 2-bed apartment in Penha de França, with a gross yield of 2.8%, is currently overpriced at €449,900 compared to its fair value of €318,386. While the neighborhood offers strong demand from professionals and families, the substantial gap of 41.3% makes this investment less favorable for long-term rental purposes. Buy-and-hold At €449,900, the property is overpriced by 41.3% relative to its fair value of €318,386, limiting the potential for appreciation in the buy-and-hold strategy. Despite a commendable neighborhood rating of 83/100, investors may find better opportunities elsewhere that align more closely with market value. Family rental With a purchase price of €449,900, the apartment is overpriced when compared to its fair value of €318,386, yielding only 2.8%. Although the neighborhood is attractive for families, the significant disparity in pricing could hinder rental competitiveness in the family rental market.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of turnover, which could lead to increased vacancy periods and associated costs for the property owner.
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