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 65 m² on the 1st floor, built in 1950, energy rating F. Located Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Feature: The kitchen retains original stone elements, providing a unique connection to Lisbon's architectural heritage while seamlessly integrating modern functionality into everyday living.
The valuation. The asking price of €479,900 exceeds the fair value of €460,717 by €19,183 (4.2%), indicating it is just about at the fair price. Investors should proceed with caution but can consider the property as acceptable.
Fair value modelled at €460,717 from 4 comparable sales in the area. Asking €479,900 sits €19,183 (4.2%) above — overpriced versus fair value.
Asking €479,900 versus the Penha de França, Lisbon, Lisbon area baseline of €384,810 (€5,920/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 above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €384,810, adjusted for condition and micro-location, gives a modelled fair value of €460,717 (€7,088/m²), a €19,183 (4.2%) gap versus the €479,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penha de França · 828e8b | Subject | €479,900 | €7,383 | — | 80 | 78 |
| rua Angelina Vidal | Active | €499,900 | €7,691 | 4.2% | 78 | 80 |
| rua Angelina Vidal | Active | €479,900 | €6,485 | 12.2% | 78 | 79 |
| Arroios · ade705 | Active | €650,000 | €3,714 | 49.7% | 72 | 89 |
| rua das Farinhas | Active | €450,000 | €8,654 | 17.2% | 78 | 84 |
| Median comp | €489,900 | €7,088 | 4.0% | 78 | 82 |
Long-term rental The apartment in Penha de França demonstrates a fair valuation with a gross yield of 3.3%, making it a stable option for investors seeking long-term returns. With a neighbourhood score of 78/100 and proximity to Lisbon's central areas, it is likely to attract reliable tenants. Short-term vacation rental While the property is fairly priced with a 4.2% gap to fair value, the 3.3% yield suggests limited potential for significant income from short-term vacation rentals. The positive neighbourhood rating supports possible appeal to tourists, yet the investment's earnings may not meet higher expectations typical for this sector. Buy-and-hold Holding this apartment could result in moderate appreciation, especially considering its fair valuation and decent condition score of 80/100. Although it holds promise as a long-term investment, any upside may be constrained given the current market dynamics and rental yields. Not ideal for student housing The property, while located in a desirable area, doesn't align well with the student housing market due to its pricing and size, which may attract different tenant profiles. Given its fair valuation, it is unlikely to provide the high yields typically sought in the student market.
Tenant turnover risk: With a tenant stability score of 70/100, there is a moderate risk of higher turnover rates, which could lead to increased vacancy periods and costs associated with finding new tenants.
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