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.
4-bedroom, 3-bathroom apartment of 242 m² on the 3rd floor, built in 1998, energy rating B. Located on rua Pinheiro Chagas, 4, Avenidas Novas parish, Lisbon municipality, Lisbon district. This apartment features a striking glass structure separating the kitchen from the living area, enhancing both visual spaciousness and design appeal, while providing exceptional natural light.
The valuation. The property's asking price of €1,775,000 is significantly above its fair value of €1,518,093, presenting an excess of €256,907 (16.9%). This indicates that the listing is overpriced, suggesting caution for potential buyers. Buy-to-flip angle. A buy-to-flip strategy could involve updating the finishes to enhance appeal, followed by listing the property at a premium. However, the significant initial investment may deter potential quick resellers, given the current valuation. Buy-to-let angle. With an estimated rental income of €3,698 per month, translating to a gross yield of 2.5%, this property has potential for long-term family rentals. The high-quality finishes and central location may attract stable tenants seeking quality accommodations.
Fair value modelled at €1,518,093 from 6 comparable sales in the area. Asking €1,775,000 sits €256,907 (16.9%) above — overpriced versus fair value.
Asking €1,775,000 versus the rua Pinheiro Chagas, 4 area baseline of €1,362,522 (€5,630/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €1,362,522, adjusted for condition and micro-location, gives a modelled fair value of €1,518,093 (€6,273/m²), a €256,907 (16.9%) gap versus the €1,775,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Pinheiro Chagas, 4 | Subject | €1,775,000 | €7,335 | — | 80 | 81 |
| Estrela · 43932d | Active | €1,750,000 | €7,415 | 1.1% | 82 | 90 |
| Penha de França · dee557 | Active | €1,290,000 | €5,309 | 27.6% | 82 | 82 |
| Estrela · efdc51 | Active | €1,798,000 | €6,785 | 7.5% | 76 | 81 |
| rua José Afonso | Active | €915,000 | €4,575 | 37.6% | 72 | 77 |
| Median comp | €1,520,000 | €6,047 | 17.6% | 79 | 82 |
Long-term rental The property is overpriced at €1,775,000 compared to the fair value of €1,518,093, representing a 16.9% gap. With a gross yield of only 2.5%, investing in this long-term rental strategy may not deliver the expected returns given the high entry cost. Buy-and-hold At €1,775,000, the apartment is overpriced against the fair value of €1,518,093, making the 16.9% gap concerning for a buy-and-hold strategy. The property’s yield of 2.5% does not justify the investment given the high initial price point. Family rental While the property is suitable for family rental due to its size and location, it is overpriced at €1,775,000, significantly exceeding the fair value of €1,518,093 by 16.9%. The low yield of 2.5% indicates that this investment may not be financially viable for families looking for cost-effective living arrangements.
Tenant turnover risk With a tenant stability score of 70/100, there is a moderate risk of tenant turnover, which could lead to potential vacancy periods and increased costs associated with re-leasing the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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