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 65 m² on the 1st floor, built in 1995, energy rating F. Located on rua Angelina Vidal, 24A, Penha de França parish, Lisbon municipality, Lisbon district. This apartment features pre-installed air conditioning and stylish electric shutters, ensuring modern comfort and enhanced energy efficiency, despite its energy rating of F.
The valuation. The asking price of €479,900 is notably 2.8% below the fair value of €493,700, indicating that the property is fairly priced within the current market landscape. This offers a balanced entry point for potential investors. Buy-to-flip angle. The buy-to-flip strategy for this property looks promising, given its high-quality finishes and central location. Renovations could potentially enhance resale value, aiming for a quick turnaround in this thriving Lisbon market. Buy-to-let angle. With an estimated rental income of €1,320 per month, this property offers a gross yield of 3.3%. The appeal of its prime location and mix of residential and tourist demand provides a strong foundation for a successful long-term rental strategy.
Fair value modelled at €493,700 from 4 comparable sales in the area. Asking €479,900 sits €13,800 (2.8%) below — the upside to fair value.
Asking €479,900 versus the rua Angelina Vidal, 24A area baseline of €409,513 (€6,300/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €409,513, adjusted for condition and micro-location, gives a modelled fair value of €493,700 (€7,595/m²), a €13,800 (2.8%) gap versus the €479,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Angelina Vidal, 24A | Subject | €479,900 | €7,383 | — | 80 | 86 |
| rua Angelina Vidal | Active | €479,900 | €6,485 | 12.2% | 78 | 79 |
| rua Angelina Vidal | Active | €499,900 | €7,691 | 4.2% | 78 | 80 |
| rua das Farinhas | Active | €450,000 | €8,654 | 17.2% | 78 | 84 |
| rua de São Félix, 30 | Active | €525,000 | €7,500 | 1.6% | 85 | 82 |
| Median comp | €489,900 | €7,596 | 2.9% | 78 | 81 |
Long-term rental The 3-bed apartment in Penha de França offers a gross yield of 3.3%, which aligns with Lisbon's generally stable rental market. With a condition rating of 83/100 and a strong neighborhood score of 86/100, it presents a stable investment for long-term rental purposes. Short-term vacation rental Considering the location's appeal in central Lisbon, the property has the potential to attract tourists, although its current valuation suggests it might not provide optimal cash flow. The rental yield of 3.3% indicates that while the property is appealing, it is priced fairly relative to expected short-term rental returns. Buy-and-hold The fair value assessment of €493,700 indicates a conservative investment outlook for holding this property over the long term. Its desirable location and neighborhood scores provide potential resilience in value appreciation, despite it being priced at fair market value now. Not ideal for student housing While the area has a good quality of life reflected in low crime rates, the property does not present attributes typically favored by student renters, making it a poor fit for this strategy. The average rental yield further supports that this investment may not cater to the student demographic effectively. Not ideal for value-add renovation The condition score of 83/100 suggests that significant renovations are not needed, which limits the potential for value-add strategies. Given the property is already at its fair value, attempting to increase its worth through renovations could yield limited benefits.
Tenant turnover risk With a tenant stability score of 80/100, there is a potential risk of increased tenant turnover, which could lead to periods of vacancy and impact cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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