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, 1-bathroom apartment of 138 m² on the 1st floor, built in 1951, energy rating B. Located on rua Jacinto Nunes, 26, Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Feature: This apartment includes a rare 41 m² private outdoor space, providing a unique urban retreat ideal for leisure and gardening amid the vibrant city environment.
The valuation. The asking price of €587,000 sits €136,053 (18.8%) below the fair value of €723,053, positioning this property as underpriced. This discrepancy presents an advantageous entry point for potential investors.
Fair value modelled at €723,053 from 6 comparable sales in the area. Asking €587,000 sits €136,053 (18.8%) below — the upside to fair value.
Asking €587,000 versus the rua Jacinto Nunes, 26 area baseline of €546,396 (€3,959/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €546,396, adjusted for condition and micro-location, gives a modelled fair value of €723,053 (€5,240/m²), a €136,053 (18.8%) gap versus the €587,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Jacinto Nunes, 26 | Subject | €587,000 | €4,254 | — | 78 | 83 |
| rua Doutor Álvaro de Castro | Active | €725,000 | €5,370 | 26.3% | 80 | 82 |
| rua Fernando Maurício | Active | €498,000 | €4,407 | 3.6% | 78 | 81 |
| rua Doutor Álvaro de Castro, 16 | Active | €695,000 | €5,148 | 21.0% | 75 | 81 |
| Marvila · a80bb8 | Active | €498,000 | €4,407 | 3.6% | 78 | 81 |
| Median comp | €596,500 | €4,778 | 12.3% | 78 | 81 |
Long-term rental With a fair value of €723,053, the listed price of €587,000 presents an attractive opportunity for a long-term rental strategy, yielding a gross return of 3.5%. The property's quality condition rating of 83 and favorable neighborhood rating further support strong tenant demand in this mid-to-high-income area. Buy-and-hold The significant gap of 18.8% from fair value indicates that this property is positioned well for long-term appreciation, making it suitable for a buy-and-hold investment strategy. The good connectivity to the city center and the area's amenities ensure continued demand and stability in property values over time. Family rental Given the neighborhood's access to quality education and amenities, this apartment represents a compelling option for family rentals in Lisbon. The property's condition rating of 83 and the strong tenant quality projected in the area enhance its appeal to families seeking a long-term residence. Short-term vacation rental While the property offers good quality and location, it is not ideal for a short-term vacation rental strategy due to potential market saturation and regulatory challenges in Lisbon. The increasing demand for family-friendly accommodations suggests that a long-term rental approach is more suitable. Student housing The low yield of 3.5% may not be conducive for a student housing strategy, as students often seek more affordable options, and this property caters to a mid-to-high-income demographic. With educational access present, it might still be better served as a long-term family rental.
Tenancy volatility risk With a tenant stability score of 75/100, there is a moderate risk of turnover, which could affect rental income and increase costs for finding new tenants.
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