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 122 m² on the 4th floor, energy rating C. Located on praça de Espanha, Avenidas Novas parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment offers a double living room layout that creates distinct areas for dining and sitting, and is situated in a building with only one apartment per floor for added privacy.
The valuation. The asking price of €975,000 exceeds the fair value of €808,419 by €166,581 (20.6%), indicating that the property is overpriced. This discrepancy raises concerns for potential investors looking for equitable valuations.
Fair value modelled at €808,419 from 6 comparable sales in the area. Asking €975,000 sits €166,581 (20.6%) above — overpriced versus fair value.
Asking €975,000 versus the praça de Espanha area baseline of €781,632 (€6,407/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €781,632, adjusted for condition and micro-location, gives a modelled fair value of €808,419 (€6,626/m²), a €166,581 (20.6%) gap versus the €975,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça de Espanha | Subject | €975,000 | €7,992 | — | 75 | 76 |
| Alvalade · cd08b7 | Active | €950,000 | €5,000 | 37.4% | 74 | 75 |
| avenida de Roma | Active | €787,500 | €7,875 | 1.5% | 75 | 82 |
| avenida de Roma, 116 | Active | €625,000 | €6,944 | 13.1% | 75 | 78 |
| Santa Maria Maior · efdb1f | Active | €529,900 | €6,308 | 21.1% | 85 | 83 |
| Median comp | €706,250 | €6,626 | 17.1% | 75 | 80 |
Long-term rental The 3-bed apartment in Avenidas Novas, priced at €975,000, is 20.6% above its fair value of €808,419, indicating that it is overpriced in the long-term rental market. With a gross yield of 2.4%, the potential return on investment does not justify the elevated purchase price given the competitive rental landscape. Buy-and-hold Investing in this property with a listing price of €975,000 appears to be impractical, as it is 20.6% above its fair value of €808,419 and carries a gross yield of just 2.4%. The combination of high cost and limited appreciation potential undermines a buy-and-hold strategy in the current market conditions. Family rental This apartment, priced at €975,000, does not align with family rental expectations due to its 20.6% premium over the fair value of €808,419 and a low gross yield of 2.4%. Families looking for long-term housing will likely seek alternatives that offer better value and return potential in the vibrant Avenidas Novas neighbourhood.
Tenant turnover risk The tenant stability score of 60/100 suggests a moderate likelihood of tenant turnover, which could impact rental income stability negatively.
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