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.
2-bedroom, 2-bathroom apartment of 95 m² on the 3rd floor, energy rating D. Located on alameda Discover, 2, Arroios parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment includes a wide balcony for outdoor enjoyment and benefits from a strategic location near metro services, enhancing urban convenience. Valuation Verdict: Fair
The valuation. The asking price of €540,000 sits €134,122 (19.9%) below fair value of €674,122. This property is substantially underpriced, presenting a compelling opportunity for savvy investors.
Fair value modelled at €674,122 from 6 comparable sales in the area. Asking €540,000 sits €134,122 (19.9%) below — the upside to fair value.
Asking €540,000 versus the alameda Discover, 2 area baseline of €636,033 (€6,695/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €636,033, adjusted for condition and micro-location, gives a modelled fair value of €674,122 (€7,096/m²), a €134,122 (19.9%) gap versus the €540,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| alameda Discover, 2 | Subject | €540,000 | €5,684 | — | 75 | 81 |
| praça de Londres, 4 | Active | €860,000 | €7,049 | 24.0% | 74 | 85 |
| Santa Maria Maior · 33bbab | Active | €695,000 | €4,894 | 13.9% | 74 | 83 |
| rua Rodrigues Sampaio | Active | €1,200,000 | €10,714 | 88.5% | 80 | 82 |
| Alvalade · 001685 | Active | €1,090,000 | €7,032 | 23.7% | 75 | 84 |
| Median comp | €975,000 | €7,041 | 23.9% | 75 | 84 |
Long-term rental The property in Arroios presents a favorable long-term rental opportunity, with a yield of 3.5%, particularly attractive in the context of Lisbon's strong housing and job markets. Additionally, with a fair value of €674,122, the property is currently subvalorizada, making it a sound investment for potential appreciation over time. Short-term vacation rental This 2-bed apartment, located in a desirable area with excellent amenities and safety ratings, is well-positioned for the short-term vacation rental market in Lisbon. With a current listing price of €540,000, which is significantly below its fair value, the investment potential for generating rental income is promising. Luxury market Although not a luxury asset per se, the apartment's appealing location in Arroios and its current price point provide room for value appreciation, tapping into Lisbon's growing luxury market. Being listed at 19.9% below its fair value indicates that this property can potentially attract high-quality tenants or buyers willing to pay a premium for strategically located real estate. Not ideal for student housing The current characteristics of the apartment do not align with typical student housing demands, particularly in terms of its rental yield and target tenant demographics in the central Lisbon market. Thus, it may be best suited for longer-term or tourist-oriented rental strategies instead.
Tenant turnover risk The tenant stability score of 65/100 suggests a potential risk of higher tenant turnover, which could lead to increased vacancy rates and associated costs.
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