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 71 m² on the 1st floor, energy rating C. Located Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment includes built-in appliances in the kitchen and has undergone a complete renovation, ensuring modern finishes and enhanced functionality throughout the space.
The valuation. The asking price of €460,000 is above fair value by €52,142, representing a 12.8% premium. Given the fair value at €407,858, this property is considered overpriced.
Fair value modelled at €407,858 from 6 comparable sales in the area. Asking €460,000 sits €52,142 (12.8%) above — overpriced versus fair value.
Asking €460,000 versus the Penha de França, Lisbon, Lisbon area baseline of €327,932 (€4,619/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €327,932, adjusted for condition and micro-location, gives a modelled fair value of €407,858 (€5,744/m²), a €52,142 (12.8%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penha de França · 874ff1 | Subject | €460,000 | €6,479 | — | 75 | 81 |
| Arroios · 23f4d8 | Active | €320,000 | €4,923 | 24.0% | 70 | 90 |
| rua Cruzado Osberno, 11 | Active | €435,000 | €4,531 | 30.1% | 78 | 82 |
| avenida de Roma, 97 | Active | €525,000 | €6,176 | 4.7% | 72 | 81 |
| rua do Paraíso | Active | €360,000 | €6,545 | 1.0% | 77 | 80 |
| Median comp | €397,500 | €5,550 | 14.3% | 75 | 82 |
Long-term rental The 2-bed apartment in Penha de França, at a listing price of €460,000, presents a yield of only 3.3%, suggesting that its income potential does not justify the current market price. With a fair value estimated at €407,858, this property is clearly overpriced, making it a less attractive option for long-term rental investors. Short-term vacation rental While vacation rentals in Lisbon can be lucrative, the €460,000 price tag on this apartment translates to an insufficient return on investment with a gross yield of merely 3.3%. Given that the property is overpriced by 12.8% compared to its fair value, it poses significant challenges for those considering short-term rental strategies. Buy-and-hold Investing in the 2-bed apartment in Penha de França for buy-and-hold strategies is impeded by its current listing price of €460,000, which surpasses its fair value by 12.8%. This overpricing diminishes the potential for capital appreciation, making it an unappealing option for long-term investors. Not ideal for student housing The apartment does not align with student housing needs, particularly given its overpriced status at €460,000 and a yield of just 3.3%. The local demographics and pricing make it a less favorable choice for targeting the student market, which typically thrives on more affordable housing options.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of turnover, which could lead to potential revenue loss due to vacancies.
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