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 98 m² on the 3rd floor, energy rating D. Located Penha de França parish, Lisbon municipality, Lisbon district. This apartment features a small balcony with views of the river, allowing for relaxation in a vibrant urban setting.
The valuation. The asking price of €360,000 sits €32,000 below its fair value of €392,000, marking it as a property evaluated at a fair price. This indicates that potential investors can move forward with confidence. Buy-to-flip angle. The strategy for resale involves capitalizing on interior modernizations and market demand in Penha de França, anticipating a significant profit margin after strategic updates. A planned sale at or above fair value could yield positive returns. Buy-to-let angle. With an estimated rental income of €1,440 per month, this property offers a gross yield of 4.8%, making it an attractive long-term investment. The family-friendly location further enhances its appeal among potential renters, ensuring steady occupancy rates.
Fair value modelled at €392,000 from 6 comparable sales in the area. Asking €360,000 sits €32,000 (8.2%) below — the upside to fair value.
Asking €360,000 versus the Penha de França, Lisbon, Lisbon area baseline of €288,783 (€2,947/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €288,783, adjusted for condition and micro-location, gives a modelled fair value of €392,000 (€4,000/m²), a €32,000 (8.2%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penha de França · 76b502 | Subject | €360,000 | €3,673 | — | 74 | 90 |
| Penha de França · 875136 | Active | €270,000 | €3,140 | 14.5% | — | 85 |
| Santo António · 8ee69e | Active | €675,000 | €5,233 | 42.4% | 75 | 79 |
| Marvila · 5da1a4 | Active | €220,000 | €4,000 | 8.9% | — | 74 |
| Marvila · e554a0 | Active | €300,000 | €4,000 | 8.9% | 70 | 81 |
| Median comp | €285,000 | €4,000 | 8.9% | 73 | 80 |
Long-term rental The 3-bed apartment in Penha de França offers a fair investment opportunity with a decent gross yield of 4.8%, fitting well within the long-term rental market. The strong neighborhood rating of 90/100 indicates a healthy demand for stable tenants looking for family-oriented homes. Family rental With its 98m² space and good condition score of 76/100, this property is well-suited for families, which aligns with the neighborhood’s family-friendly characteristics. Given the proximity to schools and amenities, demand for family rentals is likely to remain stable. Short-term vacation rental The apartment presents a fair valuation for the short-term vacation rental market, bolstered by its attractive location near central Lisbon. A competitive gross yield of 4.8% can still appeal to investors looking to capture the growing tourist market while recognizing the property is appropriately priced based on its fair value of €392,000.
Economic downturn impact A minor fluctuation in the local economy could negatively impact tenant stability, given the scores of 90/100 for economic stability and 85/100 for tenant stability, indicating potential vulnerability to economic shifts.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
