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 penthouse of 130 m² on the 3rd floor, built in 1937, energy rating B. Located on rua Palmira, 28, Arroios parish, Lisbon municipality, Lisbon district. Noteworthy Features: The penthouse boasts abundant natural light from multiple balconies and features authentic hand-painted tiles on the building's facade, showcasing Lisbon's rich architectural heritage.
The valuation. The asking price of €960,000 is positioned 4.6% below the fair value of €1,006,013, indicating that this property is reasonably priced in the current market. Buy-to-flip angle. A resale strategy could capitalize on the high-quality finishes and prime Arroios location, potentially allowing for a profitable flip to an appreciative buyer. Buy-to-let angle. With an estimated gross yield of 2.2% and monthly rental income around €1,760, this property offers a stable long-term rent strategy appealing to professionals in the area.
Fair value modelled at €1,006,013 from 6 comparable sales in the area. Asking €960,000 sits €46,013 (4.6%) below — the upside to fair value.
Asking €960,000 versus the rua Palmira, 28 area baseline of €941,555 (€7,243/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €941,555, adjusted for condition and micro-location, gives a modelled fair value of €1,006,013 (€7,739/m²), a €46,013 (4.6%) gap versus the €960,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Palmira, 28 | Subject | €960,000 | €7,385 | — | 80 | 86 |
| Arroios · 15e205 | Active | €960,000 | €7,111 | 3.7% | 84 | 90 |
| rua Palmira, 28 | Active | €1,425,000 | €7,054 | 4.5% | 85 | 85 |
| rua Febo Moniz, 15 | Active | €575,000 | €4,228 | 42.7% | 85 | 90 |
| rua Doutor Teófilo Braga, 12 | Active | €990,000 | €8,534 | 15.6% | 85 | 82 |
| Median comp | €975,000 | €7,083 | 4.1% | 85 | 88 |
Long-term rental The 3-bed penthouse in Arroios, Lisbon, reflects a fair valuation of €960,000, close to the fair value of €1,006,013. With a gross yield of 2.2% and an appealing neighborhood score of 86/100, it presents a reasonable option for stable, long-term rental income. Short-term vacation rental Priced at €960,000, this property is fairly valued compared to the €1,006,013 fair value, indicating a modest investment opportunity. While the central location leads to a high demand for short-term rentals, the 2.2% gross yield may limit profitability compared to other options. Buy-and-hold The penthouse in Arroios stands at €960,000, slightly under the fair value of €1,006,013, suggesting a reasonable investment for long-term capital appreciation. Given the high tenant quality and robust urban demand, this property may still serve well in a buy-and-hold strategy amidst a competitive market. Not ideal for: Student housing This property is not well-suited for student housing despite its desirable location and strong neighborhood ratings. The overall tenant profile and rental yield do not align with the requirements for accommodating student demographics effectively.
Tenant turnover risk High tenant turnover can potentially disrupt cash flow, given a tenant stability score of 80/100, indicating a moderate risk of vacancies.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
