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.
1-bedroom, 1-bathroom apartment of 47 m² on the 1st floor, built in 1965, energy rating D. Located on rua 3, Benfica parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment features an autonomous entrance directly from the exterior, enhancing privacy and accessibility, and a remodeled kitchen incorporates a dining area with integrated marquee space.
The valuation. The asking price of €259,000 stands significantly above the fair value of €196,658, making this property overpriced by €62,342, or 31.7%. Investors should proceed with caution before considering this listing.
Fair value modelled at €196,658 from 5 comparable sales in the area. Asking €259,000 sits €62,342 (31.7%) above — overpriced versus fair value.
Asking €259,000 versus the rua 3 area baseline of €220,957 (€4,701/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 is below the parish average, reducing 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 €220,957, adjusted for condition and micro-location, gives a modelled fair value of €196,658 (€4,184/m²), a €62,342 (31.7%) gap versus the €259,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 3 | Subject | €259,000 | €5,511 | — | 65 | 80 |
| estrada de Benfica | Active | €259,000 | €5,886 | 6.8% | 65 | 65 |
| rua Cidade da Praia, 11 | Active | €238,500 | €4,184 | 24.1% | 68 | 71 |
| rua Carvalho Araújo | Active | €250,000 | €4,167 | 24.4% | 70 | 75 |
| Pontinha e Famões · 96c119 | Active | €200,000 | €3,333 | 39.5% | — | 72 |
| Median comp | €244,250 | €4,176 | 24.2% | 68 | 72 |
Long-term rental The property in Benfica has a gross yield of 4%, which is relatively modest compared to potential investments, suggesting that investors may not see significant returns. Given the 31.7% gap above fair value, long-term rental is not advisable as the entry price exceeds reasonable expectations for rental income. Family rental While the neighbourhood rates 80/100 for its residential appeal, the property’s condition score of 63/100 indicates it may require renovations that could further diminish profitability. The substantial gap from fair value highlights that this investment could be less appealing for family rentals, especially if maintenance costs are considered. Buy-and-hold This property’s substantial overpricing presents risks for a buy-and-hold strategy, as the inflated purchase price could lead to significant losses in capital appreciation over time. With the current valuation far exceeding fair market value, holding this property could be financially detrimental in the long run.
Tenant turnover risk: With a tenant stability score of 75/100, there is a potential risk of higher turnover rates that could lead to increased vacancy periods and associated costs.
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