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 100 m² on the 2nd floor, built in 1835, energy rating C. Located on rua Washington, 23, Benfica parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment boasts designer skylights that enhance natural light and a premium kitchen equipped with high-end appliances and finishes, providing functionality and style for modern living.
The valuation. The asking price of €349,900 is positioned below the fair value of €391,266, indicating it is underpriced by €41,366 (10.6%). This presents a compelling opportunity for savvy investors.
Fair value modelled at €391,266 from 6 comparable sales in the area. Asking €349,900 sits €41,366 (10.6%) below — the upside to fair value.
Asking €349,900 versus the rua Washington, 23 area baseline of €372,935 (€3,729/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €372,935, adjusted for condition and micro-location, gives a modelled fair value of €391,266 (€3,913/m²), a €41,366 (10.6%) gap versus the €349,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Washington, 23 | Subject | €349,900 | €3,499 | — | 85 | 78 |
| estrada de Benfica | Active | €379,900 | €3,799 | 8.6% | 75 | 79 |
| São Domingos de Benfica · 15e290 | Active | €765,000 | €4,026 | 15.1% | 75 | 74 |
| Falagueira-Venda Nova · f14ca2 | Active | €249,000 | €3,234 | 7.6% | 78 | 75 |
| São Domingos de Benfica · 2d81cd | Active | €479,800 | €4,101 | 17.2% | 75 | 80 |
| Median comp | €429,850 | €3,913 | 11.8% | 75 | 77 |
Long-term rental The 3-bed apartment in Benfica presents a promising opportunity for a long-term rental strategy, particularly given its fair value of €391,266 compared to the listing price of €349,900, indicating it is currently underpriced by 10.6%. With a gross yield of 4.9% and a high condition rating of 82/100, the property is well-positioned to generate steady rental income in the growing Lisbon suburban market. Family rental This property is well-suited for family rental, as its spacious 100m² layout and favorable conditions cater to families seeking comfortable living spaces. The neighborhood's amenities and a quality rating of 78/100 further enhance its attractiveness, making it a solid choice for families and helping to achieve sustainable occupancy rates. Buy-and-hold Investing in this apartment as a buy-and-hold asset could yield substantial long-term benefits, given its current market pricing below fair value. With ongoing urban development in the Benfica area, the potential appreciation in property value makes this an attractive route for investors looking to capitalize on Lisbon's evolving real estate landscape.
Tenant turnover risk High tenant turnover may be expected due to a relatively low tenant stability score of 70/100, which could lead to increased vacancy periods and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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