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, 2-bathroom apartment of 132 m² on the 5th floor, built in 2006, energy rating C. Located on rua Fernando Namora, 8, Odivelas parish, Odivelas municipality, Lisbon district. This property features dual private parking spaces and a balcony that enhances outdoor living, ideal for entertaining or relaxation.
The valuation. The asking price of €475,000 is €51,906 (10.9%) above the fair value of €423,094, indicating the property is overpriced compared to its market potential.
Fair value modelled at €423,094 from the area baseline, adjusted for condition and location. Asking €475,000 sits €51,906 (10.9%) above — overpriced versus fair value.
Asking €475,000 versus the rua Fernando Namora, 8 area baseline of €381,216 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Fernando Namora, 8
Area baseline €381,216 + condition +€6,806 + location +€35,072 = modelled fair value of €423,094 (€3,205/m²), a €51,906 (10.9%) gap versus the €475,000 asking price.
Long-term rental While the potential yield of 3.8% may seem attractive, the 10.9% gap over fair value signals that the property is overpriced for long-term rental purposes. The combination of an above-average condition rating and a decent neighborhood score can lend some stability, but the pricing remains a concern. Family rental Although Odivelas is a desirable area for families due to its suburban amenities and proximity to Lisbon, the property is overpriced at €475,000 relative to its fair value of €423,094. Families looking for rental options may find better value elsewhere, especially given the reduced yield of 3.8%. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable, as the 10.9% premium above fair value suggests it is overpriced and may not yield the expected returns. The steady demand stemming from its location is positive, but the investment's entry price remains a drawback for long-term viability.
Economic and Tenant Instability Risk The economic stability score of 75/100 suggests moderate economic conditions, which combined with a tenant stability score of 70/100 indicates potential fluctuations in rental demand and occupancy levels, posing a risk to consistent cash flow.