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.
3-bedroom, 2-bathroom apartment of 52 m², built in 1951, energy rating C. Located Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: The property offers rare parking availability right at the doorstep, a significant advantage in central Lisbon, along with air conditioning for enhanced comfort.
The valuation. The asking price of €320,000 is relatively close to the fair value of €333,827, sitting just €13,827 (4.1%) below it. This positions the property as a fair investment opportunity in the current market.
Fair value modelled at €333,827 from 6 comparable sales in the area. Asking €320,000 sits €13,827 (4.1%) below — the upside to fair value.
Asking €320,000 versus the Penha de França, Lisbon, Lisbon area baseline of €290,130 (€5,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €290,130, adjusted for condition and micro-location, gives a modelled fair value of €333,827 (€6,420/m²), a €13,827 (4.1%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penha de França · a79d75 | Subject | €320,000 | €6,154 | — | 68 | 91 |
| Beato · 49b8e9 | Active | €410,000 | €5,467 | 11.2% | 72 | 81 |
| São Vicente · 38b6be | Active | €640,000 | €8,000 | 30.0% | 74 | 86 |
| avenida Almirante Reis, 48 | Active | €464,000 | €4,833 | 21.5% | 70 | 85 |
| largo do Terreiro do Trigo | Active | €800,000 | €6,202 | 0.8% | 82 | 84 |
| Median comp | €552,000 | €5,835 | 5.2% | 73 | 85 |
Luxury market The apartment is positioned fairly within the luxury market of Lisbon, reflecting the city's growing appeal as a cultural and economic hub. While the listing price of €320,000 is close to the fair value, this property should attract discerning buyers due to its prime location and high-quality amenities. Buy-and-hold As a buy-and-hold investment, the property offers steady potential returns with a gross yield of 3%, making it a reasonable option for long-term stability. The valuation aligns closely with its fair value, suggesting that while appreciation may be limited, the investment remains sound for passive income. Long-term rental In the long-term rental strategy, this 3-bed apartment in Penha de França holds promise, supported by the neighborhood's high score of 91/100 in terms of tenant quality. Given that the property is fairly priced at €320,000, it can generate a consistent income stream in a desirable location without the volatility of short-term rental markets.
Economic Volatility Risk A high economic stability score of 90/100 may not fully mitigate the potential for sudden market shifts that could negatively impact property values or rental income.
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