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 120 m² on the 4th floor, energy rating E. Located on rua Armando de Lucena, 54, Ajuda parish, Lisbon municipality, Lisbon district. The property boasts an attic office with skylights, enhancing its functionality while providing excellent natural light, perfectly suited for work or relaxation.
The asking price of €349,000 is below our assessed fair value of €388,000, representing an 11.3% upside versus the asking price. However, confidence in this fair value is low. Rental income. The estimated gross yield of 5.6% places this property in the top quarter of the national range. Renovation upside. Given the property's condition at 65/100 and estimated cosmetic renovation costs of around €920/m², there is potential for added value through strategic renovations.
The asking price is below the fair value. The fair value is established through a combination of two models: the Transaction model, based on 192 real transaction data points in Ajuda, and the Adjusted asking-price model, which considers current listings with adjusted prices. Both models are equally weighted. Conservative adjustments were made, accounting for area and costs to cure where applicable, leading to a fair value of €388,000. The asking price of €349,000 presents an upside of 11.3%, suggesting significant potential. Confidence in this valuation is low.
Gross yield 5.6% (before costs)
This 3-bed apartment in Ajuda is positioned well for strong rental income, boasting a gross yield of 5.6%, which is in the top quarter of the national range, demonstrating robust demand for rentals in the area. Additionally, with an assessed condition score of 65/100, there is notable potential for renovation upside, allowing for value addition through manageable cosmetic upgrades. The asking price of €349,000 is below the fair value of €388,000, indicating an 11.3% upside in value relative to the market, suggesting that this property could offer an attractive investment opportunity despite a lower confidence level in the neighborhood score of 50/100.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score is 50/100 and the tenant stability score is also 50/100, indicating potential challenges in both areas that could affect cash flow and occupancy levels.
Grade DFindings: 1
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Models 3.4.3 (Data quality v3 · Valuation v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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