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 on rua Alda Nogueira, Belém parish, Lisbon municipality, Lisbon district. This apartment features two spacious balconies that provide ample natural light and a seamless indoor-outdoor living experience, enhancing the overall quality of life in a tranquil setting.
The valuation. The asking price of €1,190,000 sits slightly below the fair value of €1,215,870, indicating a difference of €25,870 (2.1%). Verdict: fair. Buy-to-flip angle. A buy-and-flip strategy could yield potential gains, with a focus on enhancing the property’s appeal to leverage the strong local market conditions for resale. Buy-to-let angle. With an estimated rental income of €3,471/month, the property offers a gross yield of 3.5%, making it an attractive option for long-term family rentals in a suburban area of Lisbon.
Fair value modelled at €1,215,870 from 5 comparable sales in the area. Asking €1,190,000 sits €25,870 (2.1%) below — the upside to fair value.
Asking €1,190,000 versus the rua Alda Nogueira area baseline of €1,201,313 (€5,048/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €1,201,313, adjusted for condition and micro-location, gives a modelled fair value of €1,215,870 (€5,109/m²), a €25,870 (2.1%) gap versus the €1,190,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alda Nogueira | Subject | €1,190,000 | €5,000 | — | 77 | 77 |
| 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 |
| Carnaxide e Queijas · 19089f | Active | €760,000 | €4,393 | 12.1% | 75 | 79 |
| Median comp | €775,000 | €4,807 | 3.9% | 75 | 78 |
Long-term rental This property offers a fair value pricing with a minimal gap of 2.1%, aligning well with the stable demand for long-term rentals in Belém, Lisbon. The gross yield of 3.5% is attractive in the current market, making it a reasonable investment for steady rental income. Family rental Positioned in a family-friendly neighborhood with solid amenities rated at 77/100, this apartment suits families looking for spacious living. The apartment’s condition is rated at 80/100, ensuring it meets the needs of potential family tenants while generating consistent returns. Buy-and-hold The steady economic and employment prospects in nearby Lisbon enhance the potential for property appreciation over time. Given its fair valuation status, this investment strategy allows for capital growth while benefiting from current rental income.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of tenant turnover, potentially leading to increased vacancy periods and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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