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 110 m², built in 1977. Located on parque Central, Mina de Água parish, Amadora municipality, Lisbon district. The apartment features a closed balcony enhancing livable space and a spacious warehouse currently utilized as a garage with capacity for three vehicles.
The valuation. The asking price of €378,000 is significantly higher than the fair value of €277,526, reflecting an overvaluation of €100,474 (26.6%). This property is not a sound investment considering its financial metrics.
Fair value modelled at €277,526 from the area baseline, adjusted for condition and location. Asking €378,000 sits €100,474 (26.6%) above — overpriced versus fair value.
Asking €378,000 versus the parque Central area baseline of €244,310 (€2,221/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 79 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 81/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
parque Central
Area baseline €244,310 + condition +€2,922 + location +€30,294 = modelled fair value of €277,526 (€2,523/m²), a €100,474 (26.6%) gap versus the €378,000 asking price.
Long-term rental The property, listed at €378,000, exceeds its fair value of €277,526 by 26.6%, indicating that it is overpriced in the current market. With a gross yield of only 3.5%, the investment may struggle to achieve satisfactory returns over the long term. Buy-and-hold While the location in Mina de Água offers a decent neighborhood rating of 81/100, the significant gap from fair value suggests that the property is a poor buy-and-hold opportunity. The combination of price and yield limits the potential appreciation that could justify holding onto this investment. Family rental This 3-bed apartment is better suited for family rentals due to its size and neighborhood amenities, rated favorably. However, with its current listing price reflecting an overpriced condition, landlords may face challenges in attracting long-term tenants willing to pay the premium. Not ideal for Given the price and condition ratings, this property is not suitable for short-term vacation rental or student housing, where rental income might not offset the high purchase cost. These markets typically require competitive pricing to succeed, which this property does not support.
Economic Dependency Risk: With an economic stability score of 85/100, there may be a reliance on a few key industries that could be vulnerable to market shifts, potentially affecting future investment returns.