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 75 m², energy rating D. Located on travessa do Souto, 3, Odivelas parish, Odivelas municipality, Lisbon district. Noteworthy Features: The apartment features a spacious open-plan living area with built-in LED lighting and high-security armored door, enhancing both aesthetics and safety.
The valuation. The asking price of €339,000 is significantly above the fair value of €245,572, marking an overpricing of €93,428 or 27.6%. This positions the property as overpriced in the current market.
Fair value modelled at €245,572 from the area baseline, adjusted for condition and location. Asking €339,000 sits €93,428 (27.6%) above — overpriced versus fair value.
Asking €339,000 versus the travessa do Souto, 3 area baseline of €256,725 (€3,423/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 80 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
travessa do Souto, 3
Area baseline €256,725 + condition +€6,445 + location +€22,526 = modelled fair value of €245,572 (€3,274/m²), a €93,428 (27.6%) gap versus the €339,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa do Souto, 3 | Subject | €339,000 | €4,520 | — | 80 | 76 |
| rua Bordalo Pinheiro | Active | €299,900 | €4,614 | 2.1% | 80 | 78 |
| Póvoa de Santo Adrião e Olival Basto · 96c42d | Active | €345,000 | €4,481 | 0.9% | 80 | 73 |
| rua Bordalo Pinheiro | Active | €299,900 | €4,614 | 2.1% | 74 | 78 |
| praceta Carolina Beatriz Ângelo | Active | €265,000 | €3,397 | 24.8% | 70 | 72 |
| Median comp | €299,900 | €4,548 | 0.6% | 77 | 76 |
Long-term rental This 3-bed apartment in Odivelas, listed at €339,000, is overpriced compared to its fair value of €245,572, presenting a gap of 27.6%. With a gross yield of only 3.9% and average neighborhood ratings, the long-term rental strategy may not generate sufficient returns for investors. Family rental Given its condition rating of 81/100 and the neighborhood score of 76/100, this property might seem appealing for family rentals. However, with a fair value considerably lower than the asking price, it may discourage potential tenants and yield lower rental income than desired. Buy-and-hold While Odivelas is part of the Lisbon metropolitan area, the significant price difference of 27.6% suggests this apartment is overpriced for a buy-and-hold investment strategy. Investors may face challenges realizing the expected appreciation, as market dynamics favor lower-priced opportunities. Not ideal for This property is not suitable for a short-term vacation rental due to its above-market price and moderate appeal. Additionally, targeting student housing or the luxury market may prove unprofitable, given the competitive pricing and yields in those segments.
[Tenant turnover risk] With a tenant stability score of 70/100, there is a potential risk of higher turnover rates, which may lead to increased vacancy costs and administrative expenses during tenant transitions.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.