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 100 m² on the 5th floor, energy rating E. Located on praceta dos Caniços, 8, Póvoa de Santa Iria e Forte da Casa parish, Vila Franca de Xira municipality, Lisbon district. Noteworthy Features: This 5th-floor apartment offers unobstructed river views, enhancing both its appeal and natural light, while boasting modern finishes and recent renovations throughout.
The valuation. The asking price of €350,000 exceeds the fair value of €238,095 by €111,905, or 32.0%. This property is thus considered overpriced in the current market context.
Fair value modelled at €238,095 from the area baseline, adjusted for condition and location. Asking €350,000 sits €111,905 (32.0%) above — overpriced versus fair value.
Asking €350,000 versus the praceta dos Caniços, 8 area baseline of €214,600 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 75 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praceta dos Caniços, 8
Area baseline €214,600 + condition +€5,469 + location +€18,026 = modelled fair value of €238,095 (€2,381/m²), a €111,905 (32.0%) gap versus the €350,000 asking price.
Long-term rental The property is strategically located in a suburban area of Greater Lisbon, yet its current listing price of €350,000 significantly exceeds the fair value of €238,095, indicating it is overpriced. With a gross yield of only 3.5%, the potential returns do not justify the elevated purchase cost in the current market context. Family rental While suitable for family living with its three bedrooms, the property’s listing price is 32% above fair value, reflecting a misalignment with market expectations and a resulting status of being overpriced. The neighborhood's quality rating of 71/100 does not overcome the significant financial impracticality presented by this inflated price point. Buy-and-hold Although the property could serve as a potential buy-and-hold investment given its adequate condition score of 79/100, the overvaluation at €350,000 compared to the fair value of €238,095 makes it a risky venture. Investors should be cautious, as the 3.5% gross yield is hardly appealing when considered against the significant financial gap to fair value.
Tenant turnover risk The combination of a 70/100 economic stability score and a 70/100 tenant stability score indicates a potential for higher tenant turnover, which could lead to increased vacancy rates and associated costs.
