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, 2-bathroom apartment of 86 m², built in 1986, energy rating B. Located Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment features a cozy private patio/terrace perfect for outdoor dining, seamlessly blending indoor comfort with outdoor living in a vibrant neighborhood.
The valuation. The asking price of €430,000 sits notably below the fair value of €489,722, representing a difference of €59,722 (12.2%). Verdict: underpriced. Buy-to-flip angle. The resale strategy focuses on leveraging the competitive market by enhancing the apartment’s appeal with minor renovations and marketing it at a targeted price exceeding €500,000. Buy-to-let angle. The rental income strategy anticipates a gross yield of 3.6%, providing an estimated monthly income of €1,290, making it a solid investment for long-term rental in a thriving neighborhood.
Fair value modelled at €489,722 from 6 comparable sales in the area. Asking €430,000 sits €59,722 (12.2%) below — the upside to fair value.
Asking €430,000 versus the Penha de França, Lisbon, Lisbon area baseline of €394,257 (€4,584/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €394,257, adjusted for condition and micro-location, gives a modelled fair value of €489,722 (€5,694/m²), a €59,722 (12.2%) gap versus the €430,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penha de França · ec1a43 | Subject | €430,000 | €5,000 | — | 80 | 84 |
| rua Angelina Vidal | Active | €367,000 | €4,766 | 4.7% | 80 | 90 |
| calçada dos Mestres | Active | €467,000 | €5,911 | 18.2% | 73 | 79 |
| rua Sousa Bastos | Active | €350,000 | €5,833 | 16.7% | 75 | 76 |
| calçada da Picheleira | Active | €350,000 | €5,556 | 11.1% | 85 | 82 |
| Median comp | €358,500 | €5,695 | 13.9% | 78 | 81 |
Long-term rental With a listing price of €430,000, this 2-bed apartment in Penha de França presents a unique opportunity, as it sits 12.2% below its fair value of €489,722. The 3.6% gross yield reflects strong demand in a neighborhood with an impressive quality score of 84/100, making it a solid long-term investment choice. Short-term vacation rental The property’s fair value of €489,722 indicates that at €430,000, it is undervalued, enhancing its appeal for short-term vacation rentals in Penha de França. Given the neighborhood's high amenity rating and strong employment opportunities, this strategy has the potential for attractive returns. Buy-and-hold At a fair value of €489,722, the 2-bed apartment is priced at €430,000, implying an appealing opportunity for a buy-and-hold strategy in a growing area like Penha de França. The combination of the 3.6% gross yield and the strong neighborhood metrics supports a wise long-term investment outlook.
Tenant turnover risk High tenant turnover could be a concern given the tenant stability score of 75/100, indicating potential instability in rental income.
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