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, 3-bathroom apartment of 100 m² on the 2nd floor, built in 1907, energy rating E. Located on rua Bernardim Ribeiro, Arroios parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment's distinctive traditional tiled façade complements its modern interiors, while floor-to-ceiling windows amplify both natural light and the sense of space throughout the living areas.
The valuation. The asking price of €499,000 sits €62,620 (11.1%) below the fair value of €561,620, indicating the property is subpriced in the current market. This provides a strong entry point for potential buyers seeking value. Buy-to-flip angle. A buy-to-flip strategy could leverage the property’s underpriced position by renovating certain areas, particularly focusing on enhancing the fixtures, aiming for a competitive resale price above €561,620. This can attract buyers looking for modernity in a central location. Buy-to-let angle. With an estimated gross yield of 4% and rental income of approximately €1,663/month, this apartment represents a sound long-term rental investment. Its central Lisbon location and amenities further enhance its appeal to prospective tenants, ensuring steady demand.
Fair value modelled at €561,620 from 6 comparable sales in the area. Asking €499,000 sits €62,620 (11.1%) below — the upside to fair value.
Asking €499,000 versus the rua Bernardim Ribeiro area baseline of €534,475 (€5,345/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €534,475, adjusted for condition and micro-location, gives a modelled fair value of €561,620 (€5,616/m²), a €62,620 (11.1%) gap versus the €499,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Bernardim Ribeiro | Subject | €499,000 | €4,990 | — | 72 | 82 |
| Estrela · cfde22 | Active | €975,000 | €5,909 | 18.4% | 75 | 80 |
| rua da Conceição, 109 | Active | €1,200,000 | €6,667 | 33.6% | 75 | 80 |
| beco do Carrasco | Active | €440,000 | €5,500 | 10.2% | 65 | 82 |
| avenida Almirante Reis, 134 | Active | €458,000 | €5,326 | 6.7% | 68 | 81 |
| Median comp | €716,500 | €5,705 | 14.3% | 72 | 81 |
Long-term rental The Arroios apartment's strong location and growing demand make it an attractive option for long-term rentals, promising steady income over time. With a gross yield of 4% and a neighborhood score of 82/100, it indicates a solid investment potential driven by the appealing urban amenities. Short-term vacation rental Given the thriving tourism sector in Lisbon and the property’s favorable location, it presents an excellent opportunity for short-term vacation rentals. The 11.1% gap versus fair value further reinforces the potential profitability for short-term tenants seeking quality accommodations. Buy-and-hold This property in Arroios is well-suited for a buy-and-hold approach due to its undervalued listing against its fair market value. With a prime location and a condition rating of 69/100, long-term appreciation is likely as the area continues to develop and attract new residents.
Tenant turnover risk Tenant stability is moderately low at 70/100, indicating a potential risk of higher tenant turnover that could impact rental income stability.
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