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 87 m², built in 1973. Located on rua Morais Soares, Penha de França parish, Lisbon municipality, Lisbon district. Featuring a glazed patio accessible from all three bedrooms, this apartment maximizes natural light and outdoor connectivity in its living space.
The asking price of €375,000 exceeds our assessed fair value of €343,000, indicating an 8.6% downside versus the asking price; confidence in this fair value is low. This property shows potential for renovation upside, as it is assessed at 55/100 and renovation costs are estimated at €920/m² for a cosmetic upgrade.
The asking price is above the fair value. The fair value is established using a combination of the Transaction model and the Adjusted asking-price model, with a weight of 55% given to the Transaction model based on 106 real transaction data from Penha de França. The Adjusted asking-price model accounts for current listings with necessary conservative adjustments for costs to cure, suggesting the fair value is €343,000, which is 4.9% below the central estimate of €360,000. As the asking price is set at €375,000, it is €32,000, or 8.6% above the fair value. The confidence in this assessment is low.
Gross yield 4.5% (before costs)
The asking price of €375,000 for this 3-bed apartment in Penha de França is above its fair value of €343,000, resulting in an 8.6% downside versus the asking price, indicating that the property is overpriced. The apartment's condition, rated at 55/100, suggests the potential for renovation upside, appealing to investors seeking to increase value through cosmetic improvements. Although the location scores well for amenities and tenant quality, the current yield of 4.5% and the overall market conditions present a cautious investment outlook, reflecting low confidence in the immediate appreciation of this property.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The tenant stability score of 75/100 indicates a moderately risky investment environment where fluctuations in occupancy rates may occur, despite a relatively strong economic stability score of 85/100. Fair value certainty risk The valuation is at a fair value of €343,000, but the confidence is low, primarily due to the absence of transaction micro-location data for this address and significant differences in estimates beyond the tolerance threshold.
Grade AFindings: 0
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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