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 penthouse of 40 m² on the 3rd floor, energy rating F. Located on travessa da Manutenção, 4, Beato parish, Lisbon municipality, Lisbon district. Noteworthy Features: The penthouse includes an outdoor terrace, providing additional private space and beautiful views of the surrounding area in Beato, enhancing the overall living experience.
The valuation. The asking price of €270,000 is €21,984 (8.9%) above the fair value of €248,016. This property is accurately valued and does not present an opportunity for a discount. Buy-to-flip angle. A resale strategy here could target a market-driven increase, given the high demand in Lisbon’s suburbs, making it feasible to flip the property for a profit after modest renovations. Buy-to-let angle. The estimated rental income of €967/month translates to a gross yield of 4.3%, appealing for a long-term investment strategy in a diverse and accessible community.
Fair value modelled at €248,016 from 6 comparable sales in the area. Asking €270,000 sits €21,984 (8.9%) above — overpriced versus fair value.
Asking €270,000 versus the travessa da Manutenção, 4 area baseline of €191,090 (€4,777/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €191,090, adjusted for condition and micro-location, gives a modelled fair value of €248,016 (€6,200/m²), a €21,984 (8.9%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa da Manutenção, 4 | Subject | €270,000 | €6,750 | — | 80 | 78 |
| alameda do Beato, 40 | Active | €310,000 | €7,750 | 14.8% | 74 | 81 |
| avenida Almirante Reis S / N | Active | €465,000 | €5,167 | 23.5% | 82 | 85 |
| rua Natália Correia, 13 | Active | €315,000 | €6,429 | 4.8% | 75 | 82 |
| São Vicente · 5da271 | Active | €430,000 | €5,972 | 11.5% | 74 | 90 |
| Median comp | €372,500 | €6,201 | 8.1% | 75 | 84 |
Long-term rental The 1-bed penthouse in Beato, Lisbon, offers a fair yield of 4.3% gross, making it an adequate option for long-term rental strategies. With a condition rating of 82/100 and good neighborhood scores, it should attract reliable tenants, despite being priced slightly above fair value. Family rental This property’s location in a desirable suburb of Lisbon, coupled with good amenities and public transport access, positions it well for family rentals. However, at €270,000, it exceeds the fair value of €248,016, which may deter some family-oriented tenants looking for value. Buy-and-hold Considering the penthouse's fair condition and moderate yield, it can serve as a buy-and-hold investment; however, the slightly elevated listing price indicates a lack of immediate capital appreciation potential. The stable demand in the neighborhood could provide steady returns over time, yet the property remains in a fair pricing zone. Short-term vacation rental Due to current market conditions and the property's pricing, this penthouse is not ideal for short-term vacation rentals. Although the location is appealing, the rent-to-value ratio may not justify its elevated price in the competitive market for transient accommodations.
Tenant turnover risk: With a tenant stability score of 75/100, there is a potential risk of increased tenant turnover, which could lead to higher vacancy rates and costs associated with finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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