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, 2-bathroom apartment of 110 m² on the 5th floor, built in 1966, energy rating C. Located on rua Gonçalves Zarco S / N, Belém parish, Lisbon municipality, Lisbon district. This apartment features a substantial 10 m² balcony with breathtaking Tejo river views, ideal for outdoor relaxation and entertaining guests.
The valuation. The asking price of €639,000 sits €118,944 (22.9%) above the fair value of €520,056, indicating that the property is overpriced. This discrepancy suggests significant challenges in achieving a profitable investment.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gonçalves Zarco S / N | Subject | €639,000 | €5,809 | — | — | 84 |
| jardim e Cidade | Active | €645,000 | €6,719 | 15.7% | 65 | 82 |
| rua de Ceuta, 12 | Active | €615,000 | €4,590 | 21.0% | 64 | 80 |
| Belém · 938942 | Active | €875,000 | €5,469 | 5.9% | 72 | 82 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 23f503 | Active | €520,000 | €4,860 | 16.3% | — | 77 |
| Median comp | €630,000 | €5,165 | 11.1% | 65 | 81 |
Long-term rental The property is overpriced at €639,000, exceeding the fair value of €520,056 by 22.9%. With a gross yield of only 3.2%, it may not generate sufficient returns for long-term rental investment in the current market condition. Family rental At a listing of €639,000, this 3-bed apartment is priced 22.9% above fair value, indicating a lack of competitiveness for family renters. The subpar condition rating of 0/100 further suggests that investment in necessary renovations may not yield attractive returns for a family rental. Buy-and-hold With a striking price gap of 22.9%, this apartment at €639,000 does not align favorably with the fair value of €520,056, reflecting poor potential for appreciation in a buy-and-hold strategy. The gross yield of 3.2% also implies limited profit opportunities when holding this property for the long term.
Economic Overdependence With an economic stability score of 90, there may be overreliance on a limited number of industries, posing a risk if those sectors falter due to changes in market conditions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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