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 110 m² on the 7th floor, built in 1992, energy rating E. Located on rua José de Mello e Castro, Lumiar parish, Lisbon municipality, Lisbon district. The apartment features an intricately designed fireplace and extensive built-in cabinetry, enhancing both aesthetic charm and functional storage solutions throughout the living spaces.
The valuation. The asking price of €595,000 is significantly below the fair value of €664,314, presenting a notable opportunity for investors at €69,314 (10.4%) underpriced.
Fair value modelled at €664,314 from 6 comparable sales in the area. Asking €595,000 sits €69,314 (10.4%) below — the upside to fair value.
Asking €595,000 versus the rua José de Mello e Castro area baseline of €599,426 (€5,449/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €599,426, adjusted for condition and micro-location, gives a modelled fair value of €664,314 (€6,039/m²), a €69,314 (10.4%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José de Mello e Castro | Subject | €595,000 | €5,409 | — | 66 | 79 |
| avenida João Crisóstomo | Active | €818,000 | €6,292 | 16.3% | 74 | 91 |
| largo Calouste Gulbenkian, 5 | Active | €480,000 | €5,517 | 2.0% | 75 | 82 |
| avenida Sacadura Cabral S / N | Active | €750,000 | €6,000 | 10.9% | 62 | 81 |
| rua Amílcar Cabral | Active | €620,000 | €6,078 | 12.4% | 70 | 79 |
| Median comp | €685,000 | €6,039 | 11.6% | 72 | 82 |
Long-term rental The 3-bed apartment in Lumiar, Lisbon, presents a favorable opportunity for long-term rental, being priced at €595,000, which is 10.4% below its fair value of €664,314. With a gross yield of 3% and a quality neighborhood score of 79/100, this asset can attract reliable tenants in a busy urban area with access to key amenities. Buy-and-hold Investing in this property for a buy-and-hold strategy stands to benefit from substantial price appreciation potential, as the current listing reflects a reasonable gap below its fair value. The combination of decent property condition (72/100) and solid neighborhood ranking reinforces the likelihood of increasing asset value over time. Family rental This property is ideally suited for family rental, featuring three bedrooms and adequate living space in a well-connected urban area of Lisbon. With sufficient public and school services nearby, the apartment can meet the needs of families seeking quality housing, while the current price underlines its appeal for long-term residents.
Tenant turnover risk High tenant turnover may occur due to the relatively moderate tenant stability score of 75/100, potentially leading to increased vacancy rates and costs associated with finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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