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.
2-bedroom, 1-bathroom apartment of 92 m², energy rating D. Located on estrada do Desvio, Lumiar parish, Lisbon municipality, Lisbon district. The property boasts a spacious balcony that enhances outdoor living, along with convenient free parking directly at the door, adding to its appeal in the tranquil Lumiar area.
The valuation. The asking price of €440,000 is above fair value, which sits at €403,223, indicating an overvaluation of €36,777 (8.4%). This makes the property a less attractive investment due to its pricing discrepancy.
Fair value modelled at €403,223 from the area baseline, adjusted for condition and location. Asking €440,000 sits €36,777 (8.4%) above — overpriced versus fair value.
Asking €440,000 versus the estrada do Desvio area baseline of €438,564 (€4,767/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
estrada do Desvio
Area baseline €438,564 + condition +€10,494 + location +€30,433 = modelled fair value of €403,223 (€4,383/m²), a €36,777 (8.4%) gap versus the €440,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada do Desvio | Subject | €440,000 | €4,783 | — | 80 | 71 |
| rua Manuel António Gomes, 1 | Active | €274,000 | €4,349 | 9.1% | 80 | 72 |
| Olivais · f36112 | Active | €450,000 | €4,891 | 2.3% | 72 | 80 |
| Santa Clara · 4bb811 | Active | €270,000 | €3,068 | 35.8% | 74 | 72 |
| Odivelas · 96c1cc | Active | €320,000 | €5,926 | 23.9% | 85 | 75 |
| Median comp | €297,000 | €4,620 | 3.4% | 77 | 74 |
Long-term rental The 2-bed apartment in Lumiar is overpriced, with a listing price of €440,000 surpassing the fair value of €403,223 by 8.4%. At a gross yield of 3.2%, this investment may not deliver ideal returns when considering the higher market value relative to rental income potential. Family rental Although Lumiar's apartment offers proximity to Lisbon and a safe suburban environment, the current asking price is above fair value and reflects a potential overcommitment for family rentals. A gross yield of 3.2% suggests that families may not find this property appealing given the financial demand relative to the area’s amenities and tenant quality. Buy-and-hold Investing in this Lumiar apartment as a buy-and-hold strategy appears less favorable due to its overpriced listing of €440,000 versus a fair value of €403,223, representing an 8.4% discrepancy. While the location may attract future appreciation, the current financial metrics do not support a compelling long-term investment case given the yield of 3.2%.
Tenant turnover risk High tenant turnover is a significant concern given the low tenant stability score of 55/100, which may lead to increased vacancy rates and higher leasing costs.
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