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, 3-bathroom house of 136 m², energy rating B. Located Belém parish, Lisbon municipality, Lisbon district. Noteworthy Features: The property includes a spacious terrace enhancing outdoor living and privacy, while being just a short walk to the cultural landmarks of Belém, including the Jerónimos Monastery.
The valuation. The asking price of €595,000 sits €67,954 (12.9%) above the fair value of €527,046, indicating the property is overpriced. Buyers should proceed with caution when considering this investment. Buy-to-flip angle. With strategic renovations focused on modernizing key areas, a buy-and-flip approach could unlock significant profit, capitalizing on the current market demand in Belém. A resale price exceeding €650,000 is feasible post-renovation. Buy-to-let angle. A buy-to-let strategy would yield an estimated monthly income of €2,628, providing a gross yield of 5.3%. This makes it suitable for long-term rentals, especially targeting families due to the suburban location.
Fair value modelled at €527,046 from 6 comparable sales in the area. Asking €595,000 sits €67,954 (12.9%) above — overpriced versus fair value.
Asking €595,000 versus the Belém, Lisbon, Lisbon area baseline of €494,632 (€3,637/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €494,632, adjusted for condition and micro-location, gives a modelled fair value of €527,046 (€3,875/m²), a €67,954 (12.9%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Belém · 3a6f0c | Subject | €595,000 | €4,375 | — | 78 | 78 |
| Belém · 8751cb | Active | €2,800,000 | €6,222 | 42.2% | 80 | 74 |
| rua Paulo Duque, 21 | Active | €558,000 | €4,359 | 0.4% | 80 | 78 |
| rua João Dias | Active | €898,000 | €3,207 | 26.7% | 73 | 74 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 3d99c5 | Active | €190,000 | €1,000 | 77.1% | 72 | 71 |
| Median comp | €728,000 | €3,783 | 13.5% | 77 | 74 |
Long-term rental The property in Belém, Lisbon is currently overpriced, with a listing price of €595,000 that exceeds the fair value of €527,046 by 12.9%. Despite its decent gross yield of 5.3%, the financial metrics suggest that this investment may not deliver optimal returns over the long run. Buy-and-hold Given the current valuation, this 3-bed house is not an attractive buy-and-hold opportunity as its price is above fair value. While the property benefits from good public transport connections and proximity to the central business district, its elevated cost could hinder long-term appreciation. Family rental The property’s price point makes it less ideal for family rental as it is overpriced by 12.9% compared to its fair value. Though it has decent neighborhood scores and a strong yield, families seeking affordable housing may look elsewhere given the current listing. Not ideal for: Short-term vacation rental, Student housing, Luxury market
Tenant turnover risk With a tenant stability score of 75/100, there is a significant possibility of higher turnover rates that could lead to increased vacancy periods and associated costs.
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