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.
4-bedroom, 1-bathroom house of 155 m², built in 1961. Located on rua Veloso Salgado, 23, Avenidas Novas parish, Lisbon municipality, Lisbon district. Outdoor area provides potential for garden development, alongside the attic which offers additional usable space or expansion options, enhancing the property's overall value.
The valuation. The asking price of €750,000 is significantly above the fair value of €550,947, representing an overvaluation of €199,053 (36.1%). This property is priced at a premium not supported by market fundamentals.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Veloso Salgado, 23 | Subject | €750,000 | €4,839 | — | — | 90 |
| Carnide · 4a43c7 | Active | €750,000 | €3,807 | 21.3% | 35 | 74 |
| rua Moniz Barreto S / N | Active | €419,000 | €2,095 | 56.7% | — | 80 |
| Campolide · 3d9967 | Active | €199,000 | €1,099 | 77.3% | 20 | 86 |
| estrada da Luz | Active | €350,000 | €3,302 | 31.8% | — | 79 |
| Median comp | €384,500 | €2,699 | 44.2% | 28 | 80 |
Long-term rental The current listing of €750,000 for this 4-bed house far exceeds its fair value of €550,947, indicating the property is overpriced by 36.1%. Despite its desirable location in Avenidas Novas, the projected yield of 3.6% gross does not justify the elevated price point. Short-term vacation rental Although the property is well-situated in a high-demand neighborhood, its listing price of €750,000 is excessively above the fair value of €550,947, resulting in a 36.1% gap that signals it is overpriced. The yield of 3.6% gross fails to present a compelling case for a short-term investment given the current market dynamics. Luxury market The valuation of €750,000 for this property ranks it significantly higher than the fair value of €550,947, marking it as overpriced by 36.1%. In the competitive luxury segment of Avenidas Novas, the associated yield of 3.6% gross does not align well with the fair market expectations, making this investment less attractive. Not ideal for: Student housing This property is not suitable for student housing, as its listing price of €750,000 exceeds the reasonable fair value of €550,947, indicating it is overpriced by 36.1%. The lack of favorable condition at 0/100 and the high price tag do not support an investment geared toward the student rental market. Not ideal for: Value-add renovation Given the property’s listing price of €750,000 compared to its fair value of €550,947, it is clear that it is overpriced by 36.1%. The condition rating of 0/100 further complicates the feasibility of a value-add renovation strategy, making it a poor fit for this investment approach.
Market Vulnerability The economic stability score of 90/100 indicates a strong local economy, but the tenant stability score of 85/100 suggests potential volatility in tenant retention, which could lead to unexpected vacancies and revenue fluctuations.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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