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, 1-bathroom apartment of 82 m², energy rating E. Located Penha de França parish, Lisbon municipality, Lisbon district. This apartment features high ceilings and skylights that significantly enhance natural light, creating a bright and airy living environment despite the building's exterior imperfections.
The valuation. The asking price of €459,900 sits €19,201 (4.4%) above the fair value of €440,699, making it a fair investment opportunity in the current market. This positioning suggests no immediate price correction is anticipated.
Fair value modelled at €410,000 from 5 comparable sales in the area. Asking €459,900 sits €49,900 (12.2%) above — overpriced versus fair value.
Asking €459,900 versus the Penha de França, Lisbon, Lisbon area baseline of €310,166 (€3,783/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €310,166, adjusted for condition and micro-location, gives a modelled fair value of €410,000 (€5,000/m²), a €49,900 (12.2%) gap versus the €459,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penha de França · 0ac40b | Subject | €459,900 | €5,609 | — | 84 | 84 |
| rua da Rosa | Active | €470,000 | €4,796 | 14.5% | 72 | 80 |
| rua Paio Peres Correia, 23 | Active | €395,000 | €4,877 | 13.1% | 78 | 84 |
| Penha de França · 800375 | Active | €459,900 | €5,749 | 2.5% | 80 | 80 |
| rua Paio Peres Correia, 23 | Active | €415,000 | €5,000 | 10.9% | 80 | 86 |
| Median comp | €437,450 | €4,939 | 11.9% | 79 | 82 |
Long-term rental This property offers a fair return with a gross yield of 3.2%, aligning with current market expectations in Penha de França. Its condition rating of 80/100 suggests it can attract reliable tenants while maintaining rental income stability. Buy-and-hold The apartment’s fair pricing at €459,900 reflects its fair value of €440,699, indicating limited upside appreciation potential in the long term. However, the neighborhood score of 84/100 implies a solid investment in an area with sustained demand. Short-term vacation rental Despite the apartment being fairly priced, a gross yield of 3.2% may not suffice for high return expectations typically associated with short-term rentals in Lisbon. The location’s amenities and quality suggest it could perform moderately well, yet the property remains less ideal for maximizing short-term income opportunities. Not ideal for luxury market. This property does not meet the criteria for the luxury market, limiting its appeal to higher-end clientele seeking exclusivity in prime locations.
Tenant turnover risk The tenant stability score of 75/100 indicates a moderate likelihood of tenant turnover, which could lead to increased vacancy periods and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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