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, 2-bathroom apartment of 106 m², built in 1974, energy rating E. Located on alameda Padre Álvaro Proença, Benfica parish, Lisbon municipality, Lisbon district. Noteworthy Features: This property includes two distinct balconies — one open for leisure and a closed one ideal for laundry, enhancing its functional use and outdoor living appeal.
The valuation. The asking price of €429,000 is significantly above the fair value of €341,119, standing at €87,881 or 25.8% overpriced. This valuation suggests a potential downturn for buyers considering this investment.
Fair value modelled at €341,119 from 6 comparable sales in the area. Asking €429,000 sits €87,881 (25.8%) above — overpriced versus fair value.
Asking €429,000 versus the alameda Padre Álvaro Proença area baseline of €398,691 (€3,761/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €398,691, adjusted for condition and micro-location, gives a modelled fair value of €341,119 (€3,218/m²), a €87,881 (25.8%) gap versus the €429,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| alameda Padre Álvaro Proença | Subject | €429,000 | €4,047 | — | 55 | 73 |
| avenida dos Cravos Vermelhos S / N | Active | €330,000 | €3,204 | 20.8% | 60 | 82 |
| rua Maria Lamas | Active | €320,000 | €3,232 | 20.1% | 62 | 74 |
| Alfragide · 15e1cc | Active | €380,000 | €3,304 | 18.4% | 65 | 78 |
| Falagueira-Venda Nova · 83140f | Active | €350,000 | €3,097 | 23.5% | — | 74 |
| Median comp | €340,000 | €3,218 | 20.5% | 62 | 76 |
Family rental Given the current listing price of €429,000, this 3-bed apartment in Benfica is overpriced by 25.8% compared to its fair value of €341,119, which may limit its attractiveness for families seeking affordable rentals. The property’s yield of 3.8% is lower than ideal for family rental investments, suggesting limited profitability. Long-term rental With the property priced at €429,000 and a fair market value of only €341,119, it is evident that this apartment is overpriced by 25.8%, which may deter long-term renters looking for value. The gross yield of 3.8% further indicates that long-term investment returns may not meet expectations in this case. Buy-and-hold The listing price of €429,000 positions this property as overpriced, with a 25.8% gap from its fair value of €341,119, which suggests potential long-term capital appreciation may be stifled. Furthermore, the yield of 3.8% does not support a compelling buy-and-hold strategy, particularly in a suburban area with moderate crime and competitive rental dynamics.
Tenant turnover risk A tenant stability score of 60/100 indicates a higher likelihood of tenant turnover, which can lead to increased vacancy rates and associated costs.
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