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 86 m² on the 2nd floor, energy rating C. Located Benfica parish, Lisbon municipality, Lisbon district. Noteworthy Features: This fully renovated apartment boasts high ceilings, modern double glazing for energy efficiency, and fitted wardrobes, enhancing both style and practicality in a family-friendly neighborhood.
The valuation. The asking price of €599,900 is significantly above fair value at €414,285, resulting in an overvaluation of €185,615 or 44.8%. This discrepancy suggests that the property is overpriced. Buy-to-flip angle. A buy-and-flip strategy is less viable due to the high asking price; significant renovations or market appreciation would be needed to achieve a profitable resale. Buy-to-let angle. Given the estimated rental income of €1,300/month, the gross yield stands at 2.6%, making it a modest option for long-term rental investment in this suburban area.
Fair value modelled at €414,285 from 5 comparable sales in the area. Asking €599,900 sits €185,615 (44.8%) above — overpriced versus fair value.
Asking €599,900 versus the Benfica, Lisbon, Lisbon area baseline of €408,835 (€4,754/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 €408,835, adjusted for condition and micro-location, gives a modelled fair value of €414,285 (€4,817/m²), a €185,615 (44.8%) gap versus the €599,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Benfica · e5537b | Subject | €599,900 | €6,976 | — | 86 | 77 |
| Mina de Água · 9c7b4b | Active | €419,000 | €4,554 | 34.7% | 88 | 77 |
| rua Engenheiro Lúcio de Azevedo | Active | €419,000 | €4,108 | 41.1% | 92 | 72 |
| Benfica · 8003d4 | Active | €579,900 | €6,041 | 13.4% | 75 | 78 |
| Benfica · b7b72a | Active | €529,900 | €4,817 | 30.9% | 78 | 80 |
| Median comp | €474,450 | €4,686 | 32.8% | 83 | 78 |
Family rental The property is overpriced at €599,900, which presents a significant 44.8% gap compared to its fair value of €414,285, making it a less attractive option for families seeking long-term rentals. The 2.6% gross yield further indicates that this asset will not generate optimal returns relative to its listing price in the current market conditions. Long-term rental Given the substantial overpricing of the apartment, it is not poised to deliver favorable long-term rental returns despite the good transport links and overall neighborhood quality. At €599,900, the investment lacks the necessary yield to justify the current market price, highlighting the challenges in achieving profitability. Buy-and-hold Acquiring this apartment for a buy-and-hold strategy is not advisable due to its overpriced listing compared to the fair market value, risking prolonged holding costs and diminished returns. With the gross yield at only 2.6% and significant price discrepancies, the investment would struggle to appreciate in value adequately over time. Not ideal for: Luxury market, Short-term vacation rental, Student housing Location context: Suburban area of Greater Lisbon with good transport links. Proximity to Lisbon city center enhances economic and housing strength. Neighbourhood dimensions: Housing market: Economic: Amenities: Tenant quality:
Economic Exposure With an economic stability score of 80/100, there remains a moderate risk of downturn in local economic conditions that could impact rental income unpredictably from a 20% potential decline in demand. Tenant Instability Despite a tenant stability score of 75/100, there is still a 25% risk of tenant turnover, which could lead to increased vacancy rates and associated costs if tenants choose to leave unexpectedly.
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