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 3rd floor, built in 1959, energy rating D. Located on rua Carolina Michaelis de Vasconcelos, Benfica parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment boasts a spacious combined kitchen and living room area of 40m² with modern finishes and a pantry, enhancing both functionality and style.
The valuation. The asking price of €599,900 is positioned slightly above the fair value of €573,793, reflecting a premium of €26,107 (4.5%). This suggests that the property is reasonably priced but not a bargain. Buy-to-flip angle. The potential resale strategy could benefit from minimal cosmetic updates, allowing for a timely flip in this desirable Benfica location as marketplace demand persists and appreciation trends are strong. Buy-to-let angle. A buy-to-let strategy could yield an estimated gross rental income of €1,400 per month, resulting in a modest yield of 2.8%. This could appeal to families seeking long-term housing in a well-placed neighborhood with good school access.
Fair value modelled at €573,793 from 6 comparable sales in the area. Asking €599,900 sits €26,107 (4.5%) above — overpriced versus fair value.
Asking €599,900 versus the rua Carolina Michaelis de Vasconcelos area baseline of €476,906 (€4,336/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €476,906, adjusted for condition and micro-location, gives a modelled fair value of €573,793 (€5,216/m²), a €26,107 (4.5%) gap versus the €599,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Carolina Michaelis de Vasconcelos | Subject | €599,900 | €5,454 | — | 85 | 80 |
| rua da República da Bolívia, 2 | Active | €579,900 | €5,685 | 4.2% | 85 | 73 |
| rua República da Bolívia | Active | €479,900 | €5,216 | 4.4% | 80 | 69 |
| rua Engenheiro Nobre Guedes, 3 | Active | €459,900 | €4,741 | 13.1% | 85 | 80 |
| Penha de França · 1f3687 | Active | €459,900 | €6,215 | 14.0% | 82 | 75 |
| Median comp | €469,900 | €5,451 | 0.1% | 84 | 74 |
Long-term rental The property in Benfica offers a fair investment opportunity with a gross yield of 2.8%, aligning with the area's strong economy. Due to the fair value assessment of €573,793, the current listing price does not present a disadvantage for long-term rental buyers. Family rental Given the favorable neighborhood score of 80/100 and high schooling access, this apartment is well-suited for family rentals. The current market conditions suggest that at its listing price, the property provides a fair balance between neighborhood desirability and investment return. Buy-and-hold With an assessed value hovering just 4.5% above fair market value, the property remains a suitable buy-and-hold investment in the growing Lisbon metro area. Its decent condition rating of 85/100 complements the long-term appreciation potential, making it a reasonable addition to a diversified portfolio.
Tenant turnover risk The tenant stability score of 75/100 suggests that there could be a moderate risk of tenant turnover, which may lead to increased vacancy rates and associated costs.
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