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 75 m² on the 2nd floor, built in 1979. Located on rua Paio Peres Correia, Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Feature: This apartment features a wide, unobstructed view of the Tagus River, enhancing its appeal and providing a picturesque backdrop for potential renovations.
The valuation. The asking price of €389,000 is slightly above the fair value of €382,089, indicating a margin of €6,911 (1.8%). This positions the property as fairly priced within the Lisbon market context.
Fair value modelled at €382,089 from 6 comparable sales in the area. Asking €389,000 sits €6,911 (1.8%) above — overpriced versus fair value.
Asking €389,000 versus the rua Paio Peres Correia area baseline of €329,244 (€4,390/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €329,244, adjusted for condition and micro-location, gives a modelled fair value of €382,089 (€5,095/m²), a €6,911 (1.8%) gap versus the €389,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Paio Peres Correia | Subject | €389,000 | €5,187 | — | 70 | 82 |
| rua do Sol | Active | €284,000 | €4,733 | 8.7% | 70 | 83 |
| avenida de Roma | Active | €448,000 | €4,978 | 4.0% | 56 | 84 |
| rua Doutor Oliveira Ramos | Active | €370,000 | €5,211 | 0.5% | 70 | 90 |
| rua António Luís Inácio | Active | €355,000 | €6,121 | 18.0% | 74 | 82 |
| Median comp | €362,500 | €5,095 | 1.8% | 70 | 84 |
Long-term rental The property offers a gross yield of 3.6%, reflecting an acceptable return for long-term tenants in a desirable neighborhood. Given the location's strong access to services and amenities, this investment strategy aligns well with tenant demand, even though the property is fairly priced. Short-term vacation rental With its proximity to central business and cultural areas, the property is positioned well for short-term vacation rentals, appealing to tourists seeking quality accommodations. However, the gross yield of 3.6% indicates that while it has potential, the property is fairly priced and may not offer significant upside in a competitive market. Buy-and-hold As a buy-and-hold investment, this property is strategically located in a sought-after area, providing stable rental income with a gross yield of 3.6%. Nevertheless, being fairly valued at €389,000 suggests that potential capital appreciation might be limited in the near term. Not ideal for: Student housing Due to the general housing and economic profile of Penha de França, the property is not suited for student housing. Its condition rating of 68/100 may not meet the expectations of this tenant demographic looking for more value-oriented options.
Tenant turnover risk The tenant stability score of 75/100 indicates a potential risk of higher tenant turnover, which could result in increased vacancy rates or costs associated with frequent re-leasing of the property.
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