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 43 m² on the 1st floor, energy rating C. Located on rua Veloso Salgado, Avenidas Novas parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment features two enclosed balconies, enhancing living space versatility, and has preserved original flooring, combining contemporary style with historical charm in a well-maintained property.
The valuation. The asking price of €320,000 is significantly above the fair value of €215,301, indicating an overvaluation of €104,699 (48.6%). This property is not positioned as a viable purchase option at current market pricing.
Fair value modelled at €215,301 from 6 comparable sales in the area. Asking €320,000 sits €104,699 (48.6%) above — overpriced versus fair value.
Asking €320,000 versus the rua Veloso Salgado area baseline of €212,658 (€4,946/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 is below the parish average, reducing 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 €212,658, adjusted for condition and micro-location, gives a modelled fair value of €215,301 (€5,007/m²), a €104,699 (48.6%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Veloso Salgado | Subject | €320,000 | €7,442 | — | 75 | 77 |
| beco do Borralho, 34 | Active | €250,000 | €4,464 | 40.0% | 74 | 90 |
| Arroios · 02422f | Active | €384,000 | €4,923 | 33.8% | 73 | 83 |
| Arroios · 6d52ef | Active | €240,000 | €4,898 | 34.2% | 85 | 89 |
| Arroios · 6d5316 | Active | €280,000 | €5,091 | 31.6% | 75 | 90 |
| Median comp | €265,000 | €4,911 | 34.0% | 75 | 90 |
Long-term rental The property is overpriced at €320,000, which is 48.6% above its fair value of €215,301. With a yield of only 3.6%, the long-term rental strategy does not provide sufficient return when considering the high entry price. Family rental This 1-bed apartment in Avenidas Novas, listed at €320,000, exceeds the fair value by 48.6%, making it a less attractive choice for family rental. Given the current yield of 3.6%, families seeking affordable housing will likely be turned off by the inflated price. Buy-and-hold While buy-and-hold strategies generally benefit from property appreciation, the current listing price of €320,000 represents a significant 48.6% markup over the fair value of €215,301. At a gross yield of just 3.6%, the long-term potential returns are not compelling enough to justify this investment. Not ideal for short-term rental The 1-bed apartment's price of €320,000 is significantly above the fair value, making it a poor candidate for short-term rentals where profitability is key. The market dynamics indicate that the high upfront cost will likely deter potential short-term tenants seeking value. Not ideal for luxury market Valued at €320,000, this property is overpriced compared to its fair market value of €215,301, which impacts its appeal in the luxury market segment. High prices without luxury amenities or advantages in the neighbourhood reduce its competitiveness in attracting affluent buyers or renters.
Tenant turnover risk With a tenant stability score of 70/100, there is a moderate risk of higher tenant turnover, which could lead to increased vacancy rates 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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