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.
4-bedroom, 3-bathroom apartment of 180 m² on the 3rd floor, built in 1994, energy rating D. Located on rua Jorge Castilho Lt, 3, Areeiro parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment includes a closed box garage and an additional parking space, a rare advantage in the densely populated Areeiro area of Lisbon.
The valuation. The asking price of €780,000 is above the fair value estimate of €703,636, creating a discrepancy of €76,364 (10.9%). This property is therefore deemed overpriced.
Fair value modelled at €703,636 from 6 comparable sales in the area. Asking €780,000 sits €76,364 (10.9%) above — overpriced versus fair value.
Asking €780,000 versus the rua Jorge Castilho Lt, 3 area baseline of €631,557 (€3,509/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 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 €631,557, adjusted for condition and micro-location, gives a modelled fair value of €703,636 (€3,909/m²), a €76,364 (10.9%) gap versus the €780,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Jorge Castilho Lt, 3 | Subject | €780,000 | €4,333 | — | 55 | 82 |
| Beato · 3df432 | Active | €475,000 | €4,318 | 0.3% | — | 81 |
| praça Espanha | Active | €600,000 | €3,077 | 29.0% | — | 84 |
| Olivais · 6c7762 | Active | €525,000 | €2,949 | 31.9% | 55 | 72 |
| Penha de França · 483a93 | Active | €350,000 | €3,500 | 19.2% | 60 | 85 |
| Median comp | €500,000 | €3,289 | 24.1% | 58 | 83 |
Long-term rental Given the current listing price of €780,000, this 4-bed apartment in Areeiro yields a gross return of only 3.2%, which is relatively low for the market. With the property being overpriced by 10.9% compared to its fair value of €703,636, it may not offer attractive long-term rental returns. Buy-and-hold Investing in this property as a buy-and-hold strategy appears less favorable due to its overpriced status, which could impede capital appreciation. The €780,000 asking price exceeds its fair value by 10.9%, suggesting that holding long-term may yield limited benefits. Family rental While the neighbourhood boasts a high quality with an 82/100 rating, the asking price of €780,000 for this family rental property is above its fair value. This overpricing of 10.9% suggests that potential family renters may find more affordable options elsewhere, reducing demand for this unit.
Tenant turnover risk High tenant turnover is possible with a tenant stability score of 75/100, indicating that there may be challenges in maintaining long-term tenants.
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