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 120 m², energy rating D. Located on rua Lopes, Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment includes a newly renovated, exclusive terrace perfect for outdoor dining and recreational activities, ensuring privacy in the heart of Lisbon. Parking Advantage: Rare on-street parking availability enhances convenience for residents.**
The valuation. The asking price of €475,000 sits significantly below the fair value of €721,873, making it underpriced by €246,873 (34.2%). This presents a compelling opportunity for potential investors looking for value in a strong market. Buy-to-flip angle. Given its attractive pricing and high-quality finishes, a resale strategy targeting the luxury market could yield substantial returns, allowing for a profitable flip within a year. Proper staging and marketing will be essential to capitalize on the apartment's appeal. Buy-to-let angle. With an estimated rental income of €1,504 per month, this property offers a gross yield of 3.8%, making it an appealing option for long-term rentals in a high-demand area. The central location and quality features attract reliable tenants and position the property for steady cash flow.
Fair value modelled at €721,873 from 6 comparable sales in the area. Asking €475,000 sits €246,873 (34.2%) below — the upside to fair value.
Asking €475,000 versus the rua Lopes area baseline of €573,843 (€4,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €573,843, adjusted for condition and micro-location, gives a modelled fair value of €721,873 (€6,016/m²), a €246,873 (34.2%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Lopes | Subject | €475,000 | €3,958 | — | 80 | 83 |
| rua da Caridade | Active | €325,000 | €6,500 | 64.2% | 80 | 91 |
| Penha de França · 6c7b97 | Active | €449,000 | €3,563 | 10.0% | 74 | 83 |
| Campo de Ourique · 19f776 | Active | €669,000 | €5,868 | 48.3% | 78 | 79 |
| rua Prior Coutinho | Active | €530,000 | €6,163 | 55.7% | 75 | 84 |
| Median comp | €489,500 | €6,016 | 52.0% | 77 | 84 |
Long-term rental The 2-bed apartment in Penha de França offers a gross yield of 3.8%, making it a sound investment for stable rental income in a high-demand area. With a fair value of €721,873, the property is situated in a well-developed neighborhood that supports strong tenant quality and appeal. Luxury market Priced at €475,000, the property is significantly below its fair value, indicating strong potential in the luxury market segment. The apartment's desirable location, combined with its good condition rating of 81/100, positions it well for both buyer interest and resale opportunities. Short-term vacation rental With a favourable gap of 34.2% below its fair value, this apartment presents an attractive option for a short-term vacation rental strategy. The central Lisbon location and high-quality amenities in the area cater well to tourists, ensuring strong occupancy rates and rental returns. Not ideal for student housing The property does not align with student housing demands due to its pricing and location characteristics. Given the high demand and rich amenities, this investment strategy is likely to yield lower returns compared to other uses. Not ideal for value-add renovation While the condition rating is decent at 81/100, pursuing a value-add renovation strategy would not be advantageous for this property given its current pricing above fair value. The investment would require greater capital expenditure without a commensurate uplift in property value. Not ideal for industrial use The 2-bed apartment is in a residential area that is not suited for industrial use, limiting the property's versatility. The central Lisbon locale thrives on residential and commercial demand for housing rather than industrial developments.
Tenant turnover risk: With a tenant stability score of 75/100, there's a potential risk of higher turnover rates impacting rental income reliability.
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