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.
2-bedroom, 2-bathroom apartment of 142 m² on the 6th floor, built in 2004. Located on estrada da Cruz, 19, 6º, Belém parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment boasts a spacious balcony with a stylish deck, ideal for outdoor entertaining, and benefits from a professionally installed SMEG wine cellar that holds up to 197 bottles.
The valuation. The asking price of €875,000 sits slightly above the fair value of €831,906 by €43,094 (5.2%). This property is considered fairly valued in the current market.
Fair value modelled at €831,906 from 6 comparable sales in the area. Asking €875,000 sits €43,094 (5.2%) above — overpriced versus fair value.
Asking €875,000 versus the estrada da Cruz, 19, 6º area baseline of €800,484 (€5,637/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €800,484, adjusted for condition and micro-location, gives a modelled fair value of €831,906 (€5,858/m²), a €43,094 (5.2%) gap versus the €875,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada da Cruz, 19, 6º | Subject | €875,000 | €6,162 | — | 80 | 78 |
| rua Alexandre de Sá Pinto | Active | €395,000 | €5,985 | 2.9% | 78 | 75 |
| rua Quirino da Fonseca, 3 | Active | €730,000 | €4,803 | 22.1% | 82 | 72 |
| rua Carlos Calisto | Active | €900,000 | €6,294 | 2.1% | 80 | 76 |
| rua Manuel Múrias | Active | €549,900 | €5,788 | 6.1% | 85 | 78 |
| Median comp | €639,950 | €5,887 | 4.5% | 81 | 76 |
Long-term rental The 2-bed apartment in Belém presents a competitive investment for long-term rentals, meeting fair value and maintaining a gross yield of 2.6%. Its location in a family-oriented neighborhood with good access to Lisbon's economic opportunities makes it a stable choice for dependable tenants. Family rental Targeting families in the Belém area could be a sound strategy given the apartment's generous size and favorable neighborhood rating of 78/100. The establishment's condition score of 83/100 further supports its attractiveness for families looking for a comfortable home. Buy-and-hold Investing in this property as a buy-and-hold strategy appears justified, given the fair valuation of €875,000 compared to its fair value of €831,906. The solid neighborhood benefits and adequate condition suggest potential for appreciation, although returns may be modest at the current 2.6% yield.
Economic Vulnerability The property, despite a relatively high economic stability score of 80/100, may face risks from potential economic downturns affecting rental income given the tenant stability score of 75/100 indicating a moderate level of tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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