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 97 m², energy rating D. Located on rua José da Purificação Chaves, 8, Benfica parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment includes a private basement with potential for multi-functional use and has two entrances, one providing direct access to a nearby green park.
The valuation. The asking price of €348,000 is significantly above the fair value of €230,721, representing an overpricing of €117,279 or 50.8%. This property is not a financially viable opportunity for buyers seeking value.
Fair value modelled at €230,721 from 6 comparable sales in the area. Asking €348,000 sits €117,279 (50.8%) above — overpriced versus fair value.
Asking €348,000 versus the rua José da Purificação Chaves, 8 area baseline of €283,849 (€2,926/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 44/100 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 €283,849, adjusted for condition and micro-location, gives a modelled fair value of €230,721 (€2,379/m²), a €117,279 (50.8%) gap versus the €348,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José da Purificação Chaves, 8 | Subject | €348,000 | €3,588 | — | 42 | 77 |
| rua do Casal de São Vicente, 11 | Active | €260,000 | €2,708 | 24.5% | 57 | 73 |
| rua António Aleixo | Active | €330,000 | €2,357 | 34.3% | 35 | 79 |
| Águas Livres · ade5f6 | Active | €195,000 | €2,031 | 43.4% | — | 78 |
| Carnide · 3d9688 | Active | €180,000 | €2,400 | 33.1% | — | 81 |
| Median comp | €227,500 | €2,379 | 33.7% | 46 | 79 |
Long-term rental With a fair value of €230,721, the asking price of €348,000 indicates that this 2-bed apartment is overpriced by 50.8%, making it a less attractive option for long-term rental investment. Despite the reasonable gross yield of 4.5%, the high purchase price limits potential returns and increases risk for investors. Buy-and-hold The current listing price far exceeds the fair value, marking this property as overpriced and suggesting limited appreciation potential in the buy-and-hold strategy. While the neighborhood scores well on amenities (77/100), the significant gap between asking price and fair value raises concerns about long-term value retention. Family rental Selling at €348,000, this apartment is overpriced, which could deter families looking for competitive rental options in Lisbon. Although the neighborhood offers good amenities and tenant quality, the price point could affect demand negatively in this segment of the market.
Potential economic downturn The economic stability score of 80/100 suggests a reasonable buffer against downturns, but any significant decline could impact tenant stability, also rated at 80/100, leading to potential vacancies.
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