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, 1-bathroom apartment of 70 m² on the 1st floor, built in 1985, energy rating D. Located on avenida Almirante Reis, Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment's location in a thriving multicultural neighborhood provides residents with an eclectic mix of traditional commerce and modern dining options, enhancing community engagement and lifestyle experience.
The valuation. The asking price of €330,000 is below the fair value of €388,736, indicating the property is subvalued by €58,736 (15.1%). This presents an appealing opportunity for potential investors. Buy-to-flip angle. The buy-to-flip strategy could leverage the property's average condition, targeting cosmetic upgrades to enhance appeal, aiming for a quick resale at a profit aligned with market value. Buy-to-let angle. With an estimated monthly rental income of €1,402, this investment offers a gross yield of 5.1%, making it a viable option for long-term rental in a prime location.
Fair value modelled at €388,736 from 6 comparable sales in the area. Asking €330,000 sits €58,736 (15.1%) below — the upside to fair value.
Asking €330,000 versus the avenida Almirante Reis area baseline of €372,028 (€5,315/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 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 €372,028, adjusted for condition and micro-location, gives a modelled fair value of €388,736 (€5,553/m²), a €58,736 (15.1%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Almirante Reis | Subject | €330,000 | €4,714 | — | 57 | 86 |
| rua Barão de Sabrosa | Active | €448,000 | €4,978 | 5.6% | 48 | 86 |
| avenida de Roma | Active | €448,000 | €4,978 | 5.6% | 56 | 84 |
| rua dos Mouros, 30 | Active | €580,000 | €7,160 | 51.9% | 60 | 81 |
| avenida de Roma | Active | €690,000 | €5,897 | 25.1% | 52 | 81 |
| Median comp | €514,000 | €5,438 | 15.3% | 54 | 83 |
Long-term rental This 3-bed apartment in Penha de França, with a gross yield of 5.1%, is an attractive option given its current market price at €330,000, which is 15.1% below the fair value of €388,736. The strong tenant quality in this highly-rated neighborhood of 86/100 further enhances its viability for stable rental income. Short-term vacation rental The property’s prime urban location in Lisbon positions it well for short-term vacation rentals, appealing to tourists seeking accommodations in a vibrant area. With a valuation gap of 15.1% below fair value, purchasing this apartment at €330,000 can provide profitable returns through dynamic pricing strategies. Luxury market While this property may not fit the classic luxury market profile, its location in the well-rated Penha de França neighborhood allows for potential premium pricing if improvements are made to elevate its condition score of 54/100. Given its fair value is substantially higher than the listing price, this apartment could attract discerning buyers after targeted renovations. Not ideal for student housing The current listing of €330,000 appears attractive, but the property does not suit the student housing market based on its condition and the lack of amenities tailored to transient residents. This strategic mismatch reinforces the notion that, while there is value, its best use lies outside of the student rental sphere.
Tenant turnover risk A tenant stability score of 75/100 suggests potential for increased vacancy rates, which could affect rental income stability.
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