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, 4-bathroom apartment of 238 m², built in 2003, energy rating D. Located Belém parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment boasts a spacious 43 m² living room with a balcony and a cozy fireplace, enhancing both its aesthetic appeal and comfort during winter months.
The valuation. The asking price of €1,190,000 is positioned slightly above the fair value of €1,130,709, resulting in a discrepancy of €59,291 (5.2%). Overall, the property can be considered fairly valued. Buy-to-flip angle. The buy-to-flip strategy would involve refurbishing the apartment to enhance its appeal and leveraging its high-quality finishes, aiming for a profitable resale at a higher price point in a vibrant market. Buy-to-let angle. For a buy-to-let approach, the estimated rental income of €3,471 per month translates to a gross yield of 3.5%, making it a suitable long-term investment for stable rental returns in the Lisbon metro area.
Fair value modelled at €1,130,709 from 6 comparable sales in the area. Asking €1,190,000 sits €59,291 (5.2%) above — overpriced versus fair value.
Asking €1,190,000 versus the Belém, Lisbon, Lisbon area baseline of €1,138,559 (€4,784/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €1,138,559, adjusted for condition and micro-location, gives a modelled fair value of €1,130,709 (€4,751/m²), a €59,291 (5.2%) gap versus the €1,190,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Belém · 8317e3 | Subject | €1,190,000 | €5,000 | — | 75 | 79 |
| Carnaxide e Queijas · 19089f | Active | €760,000 | €4,393 | 12.1% | 75 | 79 |
| rua Tenente General Zeferino Sequeira, 20 | Active | €750,000 | €4,335 | 13.3% | 75 | 82 |
| Belém · 4a451b | Active | €790,000 | €5,267 | 5.3% | 75 | 71 |
| Belém · 3df5f7 | Active | €1,070,000 | €5,220 | 4.4% | 70 | 76 |
| Median comp | €775,000 | €4,807 | 3.9% | 75 | 78 |
Long-term rental This 4-bed apartment in Belém, Lisbon, presents a gross yield of 3.5%, which aligns with current market expectations for a property of this condition and location. Given that the property is fairly priced with a small 5.2% gap to fair value, it is suitable for stable long-term rental income in a suburban area with decent local amenities. Buy-and-hold Acquiring this property for a buy-and-hold strategy could yield satisfactory returns due to the fair valuation and competitive rental yield of 3.5%. The conditions of both the apartment and the neighborhood indicate ongoing residential demand, suggesting potential for value appreciation over time despite its fair pricing. Family rental This property is well-positioned for family rentals, as its ample 238m² size and suburban setting cater to families seeking comfortable living space. Although priced fairly, the apartment's quality ratings indicate it would likely attract stable, long-term tenants, making it an appealing option for family housing. Not ideal for luxury market The property is not suited for the luxury market, as its fair valuation and modest yield suggest it does not meet the high-end expectations typical in that segment. Its suburban location and general condition further detract from its appeal to luxury buyers. Not ideal for short-term vacation rental This apartment does not align with the dynamics of a short-term vacation rental market, particularly with its current fair value and modest rental yield of 3.5%. The suburban setting and local services may not attract transient guests looking for vacation properties. Not ideal for student housing The property is not an ideal investment for student housing, as its fair valuation and family-oriented size do not cater to the typical preferences of students. The neighbourhood's characteristics indicate a more residential ambiance, which may not appeal to this demographic.
Economic Vulnerability The property's economic stability score of 80 suggests a relatively strong economy, but a tenant stability score of 75 indicates that there may be fluctuations in tenant demand that could impact rental income and occupancy rates.
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