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.
2-bedroom, 1-bathroom apartment of 47 m² on the 1st floor, built in 1951, energy rating F. Located on rua de Pedrouços, 53, Belém parish, Lisbon municipality, Lisbon district. This apartment benefits from proximity to historical attractions like the Jerónimos Monastery, enhancing its appeal for those attracted to culture and tourism.
The valuation. The asking price of €327,000 is significantly above fair value, exceeding it by €86,904 (36.2%). This positions the property as overpriced in the current market. Buy-to-flip angle. With the potential for renovations and improvements, a buy-and-flip strategy might yield a profitable return if the apartment is sold after enhancements. Capitalizing on the location, targeting families could maximize resale value. Buy-to-let angle. A buy-to-let strategy could generate an estimated rental income of €1,254 per month, resulting in a gross yield of 4.6%. The mix of modern and standard finishes may attract long-term tenants in this suburban area.
Fair value modelled at €240,096 from 6 comparable sales in the area. Asking €327,000 sits €86,904 (36.2%) above — overpriced versus fair value.
Asking €327,000 versus the rua de Pedrouços, 53 area baseline of €255,475 (€5,436/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €255,475, adjusted for condition and micro-location, gives a modelled fair value of €240,096 (€5,108/m²), a €86,904 (36.2%) gap versus the €327,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Pedrouços, 53 | Subject | €327,000 | €6,957 | — | 74 | 73 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 800582 | Active | €249,000 | €4,980 | 28.4% | 75 | 78 |
| travessa Paulo Martins, 40 | Active | €398,000 | €5,237 | 24.7% | 75 | 76 |
| avenida Ivens, 32C | Active | €260,000 | €4,906 | 29.5% | 75 | 81 |
| Alcântara · 6a9549 | Active | €475,000 | €5,938 | 14.7% | 77 | 78 |
| Median comp | €329,000 | €5,109 | 26.6% | 75 | 78 |
Long-term rental The property is overpriced with a gap of 36.2% from its fair value, suggesting that potential long-term rental returns may not justify the investment. With a gross yield of 4.6% and a neighborhood rating of 73/100, the profitability is further compromised by the initial overvaluation. Family rental Considering the current pricing, this 2-bed apartment is not an ideal investment for family rentals due to its 36.2% premium over the fair value. While the property’s condition and neighborhood quality provide some appeal, the excessive price limits its attractiveness to family tenants seeking value. Buy-and-hold Although the buying and holding strategy is typically appealing for property investments, in this case, the 36.2% overpricing erodes the potential for long-term value appreciation. The low gross yield of 4.6% further diminishes the rationale for holding this overvalued asset in the long run.
Potential Tenant Turnover The tenant stability score of 70/100 indicates a moderate risk of turnover, which could lead to increased vacancy rates and associated costs in the future.
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