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, 1-bathroom apartment of 131 m², built in 1951, energy rating D. Located Arroios parish, Lisbon municipality, Lisbon district. The property features a private 36 m² terrace designed as a glazed external living space, seamlessly integrating nature with modern functionality in the heart of Penha de França.
The valuation. The asking price of €440,000 sits significantly below the fair value of €760,490, indicating a potential opportunity for investors as it is underpriced by €320,490 (42.1%). Buy-to-flip angle. A buy-to-flip strategy could focus on leveraging the apartment's decent quality materials in finished areas to quickly enhance the unfinished sections, appealing to the luxury market. Buy-to-let angle. With an estimated monthly rental income of €1,577, this property offers a gross yield of 4.3%, making it an attractive buy-and-hold investment in a competitive Lisbon market.
Fair value modelled at €760,490 from 6 comparable sales in the area. Asking €440,000 sits €320,490 (42.1%) below — the upside to fair value.
Asking €440,000 versus the Arroios, Lisbon, Lisbon area baseline of €760,737 (€5,807/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 48/100 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 €760,737, adjusted for condition and micro-location, gives a modelled fair value of €760,490 (€5,805/m²), a €320,490 (42.1%) gap versus the €440,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Arroios · 800664 | Subject | €440,000 | €3,359 | — | 50 | 87 |
| praça da Alegria | Active | €870,000 | €15,818 | 371.0% | 48 | 80 |
| Areeiro · bf2a82 | Active | €370,000 | €5,286 | 57.4% | 44 | 84 |
| rua dos Remédios, 45 | Active | €269,000 | €5,848 | 74.1% | 45 | 71 |
| rua Jacinto Nunes, 5 | Active | €435,000 | €5,878 | 75.0% | 45 | 82 |
| Median comp | €402,500 | €5,863 | 74.6% | 45 | 81 |
Long-term rental The 2-bed apartment in Arroios is subvalorizada by approximately 42.1%, providing an attractive opportunity for long-term rental that enhances overall yield potential. With a solid neighbourhood rating of 87/100 and proximity to urban amenities, it is poised to attract quality tenants looking for stability in a competitive market. Buy-and-hold This property represents a significant gap from its fair value, positioning it well for a buy-and-hold investment strategy. As the housing market in Lisbon continues to evolve, the potential for appreciation in property value complements the already favorable yield of 4.3%. Luxury market Despite its current condition rating of 48/100, the 2-bed apartment offers a compelling entry into the luxury market of Arroios, given its fair value of €760,490. Investing now allows for long-term capital growth in an area that benefits from urban vibrancy and high tenant demand, translating to future luxury appeal.
Economic Dependence The high economic stability score of 90 is promising, but the tenant stability score of 80 indicates potential vulnerability to tenant turnover, which could affect cash flow and investment returns.
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
