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.
5-bedroom, 4-bathroom penthouse of 197 m², built in 1984, energy rating C. Located on avenida Engenheiro Arantes e Oliveira, Areeiro parish, Lisbon municipality, Lisbon district. Noteworthy Features: This penthouse showcases mid-century modern design elements, including high-quality wood paneling and a unique brass fireplace hood, enhancing its architectural character beyond standard layouts.
The valuation. The asking price of €885,000 is notably below the fair value of €1,068,026, indicating the property is underpriced by €183,026 (17.1%). This presents an advantageous opportunity for potential buyers. Buy-to-flip angle. For a buy-to-flip strategy, the property's upscale finishes and prime location position it favorably for resale in the luxury market, attracting significant interest. Buy-to-let angle. With an estimated rental income of €2,286 per month, the gross yield stands at 3.1%, making this property a solid choice for long-term rental aimed at families or professionals.
Fair value modelled at €1,068,026 from 6 comparable sales in the area. Asking €885,000 sits €183,026 (17.1%) below — the upside to fair value.
Asking €885,000 versus the avenida Engenheiro Arantes e Oliveira area baseline of €877,942 (€4,457/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 €877,942, adjusted for condition and micro-location, gives a modelled fair value of €1,068,026 (€5,421/m²), a €183,026 (17.1%) gap versus the €885,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Engenheiro Arantes e Oliveira | Subject | €885,000 | €4,492 | — | 70 | 86 |
| rua dos Lagares d'El-Rei, 2A | Active | €464,706 | €1,859 | 58.6% | 75 | 82 |
| rua Artilharia, 1, 100 | Active | €995,000 | €5,237 | 16.6% | 88 | 90 |
| Avenidas Novas · c498b7 | Active | €1,390,000 | €4,964 | 10.5% | 73 | 87 |
| rua do Telhal | Active | €1,780,000 | €7,739 | 72.3% | 80 | 87 |
| Median comp | €1,192,500 | €5,101 | 13.5% | 78 | 87 |
Long-term rental The property presents a stable long-term rental opportunity due to its fair value situated at €1,068,026, making the listing price of €885,000 attractive with a 17.1% gap. The 3.1% gross yield, coupled with a high livability index of 86/100, further underpins the rental potential in this robust market. Luxury market As a 5-bed penthouse in Areeiro, Lisbon, this property is well-positioned to tap into the luxury market, given its desirable features and favorable position within an 86/100 neighborhood rating. The current pricing of €885,000, significantly below fair value, hints at its potential appeal to affluent buyers looking for premium living spaces. Family rental This penthouse's spacious layout makes it highly suitable for family rentals, especially in a neighborhood scoring 86/100 in livability. The property listing at €885,000, compared to a fair value of €1,068,026, indicates a lucrative investment opportunity to cater to families seeking comfort and convenience in a vibrant district. Not ideal for short-term vacation rental Given the current valuation circumstances, the property is not positioned favorably for short-term vacation rentals, which often require investments that align with tourism demand. The valuation of €885,000 against a fair value of €1,068,026 suggests that it is better suited for longer-term tenancy than transient visitors. Not ideal for student housing Considering the expansive space and family-friendly attributes, this penthouse is not optimal for student housing, which typically demands smaller units. Moreover, the 3.1% gross yield and current pricing strategy lean towards attracting long-term residents rather than the student rental market. Not ideal for value-add renovation The property is in good condition with a score of 76/100 and does not necessitate major renovations, thus making it less appealing for value-add strategies. The existing valuation, being below fair market value, implies that potential gains from renovation efforts would be minimal in this context.
Tenant turnover risk High tenant turnover could occur due to a tenant stability score of 75/100, indicating potential challenges in maintaining long-term occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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