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 146 m², energy rating A. Located on calçada da Ajuda, Belém parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment boasts a private garden and terrace that seamlessly extend living space outdoors, offering a tranquil green oasis amidst the urban environment of Belém.
The valuation. The asking price of €1,500,000 is significantly above the fair value of €1,046,200, representing an overvaluation of €453,800 (43.4%). This discrepancy indicates that the property is overpriced for the market.
Fair value modelled at €1,046,200 from 6 comparable sales in the area. Asking €1,500,000 sits €453,800 (43.4%) above — overpriced versus fair value.
Asking €1,500,000 versus the calçada da Ajuda area baseline of €1,027,933 (€7,041/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 below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €1,027,933, adjusted for condition and micro-location, gives a modelled fair value of €1,046,200 (€7,166/m²), a €453,800 (43.4%) gap versus the €1,500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| calçada da Ajuda | Subject | €1,500,000 | €10,274 | — | 86 | 72 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · efdd40 | Active | €1,495,000 | €9,403 | 8.5% | 80 | 76 |
| Belém · 99f3b0 | Active | €1,450,000 | €6,971 | 32.1% | 80 | 74 |
| rua da Junqueira | Active | €1,800,000 | €7,087 | 31.0% | 80 | 80 |
| rua da Qt. ª das Romeiras | Active | €710,000 | €7,245 | 29.5% | 80 | 78 |
| Median comp | €1,472,500 | €7,166 | 30.3% | 80 | 77 |
Long-term rental The current price of €1,500,000 is significantly above the fair market value of €1,046,200, resulting in a 43.4% disparity that indicates the property is overpriced. With a gross yield of only 1.8%, this investment presents limited potential for generating substantial long-term rental income. Family rental While suburban Lisbon offers strong demand and amenities attractive to families, the asking price remains excessive at €1,500,000 compared to the fair value of €1,046,200. This pricing creates a challenge in maximizing rental returns, given the modest gross yield of 1.8% relative to the high investment cost. Buy-and-hold Investing in this 3-bed apartment for a buy-and-hold strategy poses a risk, as it is listed at €1,500,000, which is 43.4% above its fair market value of €1,046,200. The low yield of 1.8% may not justify the high upfront capital required, thus diminishing the appeal of this investment long-term.
Economic Vulnerability The property faces a potential risk as the economic stability score of 70/100 indicates moderate susceptibility to economic downturns that could affect rental income.
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