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 81 m² on the 3rd floor, built in 1937, energy rating D. Located on rua Gualdim Pais, Penha de França parish, Lisbon municipality, Lisbon district. Noteworthy Features: The property includes a small balcony and a closed back porch, offering potential outdoor space improvement amidst ongoing urban redevelopment in Penha de França.
The valuation. The asking price of €249,000 sits €69,392 (21.8%) below the fair value of €318,392, indicating that this property is subvalued. Such a price position presents a favorable opportunity for interested buyers.
Fair value modelled at €318,392 from 6 comparable sales in the area. Asking €249,000 sits €69,392 (21.8%) below — the upside to fair value.
Asking €249,000 versus the rua Gualdim Pais area baseline of €357,301 (€4,411/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 30/100 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 €357,301, adjusted for condition and micro-location, gives a modelled fair value of €318,392 (€3,931/m²), a €69,392 (21.8%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gualdim Pais | Subject | €249,000 | €3,074 | — | 34 | 76 |
| rua da Barroca, 123 | Active | €320,000 | €4,156 | 35.2% | 35 | 90 |
| rua da Barroca, 123 | Active | €270,000 | €5,094 | 65.7% | 30 | 86 |
| rua Carlos Ribeiro, 3 | Active | €338,000 | €3,885 | 26.4% | — | 90 |
| Penha de França · 5b86bf | Active | €338,000 | €3,976 | 29.4% | 30 | 82 |
| Median comp | €329,000 | €4,066 | 32.3% | 30 | 88 |
Long-term rental The property offers a compelling gross yield of 6.4%, making it an attractive option for investors seeking stable long-term rental income. Its favorable condition in a sought-after neighborhood ensures strong demand from tenants, further enhancing investment viability. Buy-and-hold With a fair value of €318,392 indicating an attractive gap of 21.8% from the listing price, this apartment represents a strong buy-and-hold opportunity in a desirable area. The potential for property appreciation is supported by the neighborhood's excellent amenities and economic stability. Luxury market Although the property is positioned in a desirable neighborhood with high tenant quality, its listing price does not yet reflect a luxury market valuation. Investors should be cautious, as the property’s condition rating of 30/100 indicates it might not attract the high-end clientele typically sought in luxury offerings.
Economic downturn risk The high economic stability score of 90/100 suggests a potential for growth; however, if a downturn occurs, the tenant stability score of 80/100 may lead to increased vacancies affecting cash flow.
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