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 on the 2nd floor, built in 1994, energy rating C. Located on estrada Serra da Mira, Mina de Água parish, Amadora municipality, Lisbon district. Noteworthy Features: The apartment boasts a cozy fireplace and a closed balcony ideal for year-round enjoyment, enhancing its appeal in a quiet neighborhood with excellent road access.
The valuation. The asking price of €389,000 significantly exceeds the fair value of €265,667, leaving a considerable gap of €123,333 (31.7%). This price position indicates that the property is overpriced.
Fair value modelled at €265,667 from the area baseline, adjusted for condition and location. Asking €389,000 sits €123,333 (31.7%) above — overpriced versus fair value.
Asking €389,000 versus the estrada Serra da Mira area baseline of €244,310 (€2,221/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 70 · Materials 72 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 81/100 (Housing Market 85 · Amenities 75 · Economic 80 · Tenant Quality 85). Strong amenities and housing-market momentum support a premium to baseline.
estrada Serra da Mira
Area baseline €244,310 + condition -€8,938 + location +€30,294 = modelled fair value of €265,667 (€2,415/m²), a €123,333 (31.7%) gap versus the €389,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Serra da Mira | Subject | €389,000 | €3,536 | — | 70 | 81 |
| Mina de Água · 1e65e6 | Active | €389,000 | €3,536 | 0% | 71 | 74 |
| Águas Livres · 6d5410 | Active | €370,000 | €3,558 | 0.6% | 70 | 73 |
| Pontinha e Famões · 90da1d | Active | €280,000 | €3,500 | 1.0% | — | 78 |
| rua Pais de Ramos, 17 | Active | €325,000 | €3,693 | 4.4% | 70 | 78 |
| Median comp | €347,500 | €3,547 | 0.3% | 70 | 76 |
Long-term rental The 3-bed apartment in Mina de Água, listed at €389,000, shows a significant gap of 31.7% above its fair value of €265,667, indicating an overpriced status that may deter long-term tenants. With a gross yield of only 3.3% and a condition rating of 70/100, securing reliable tenants at this price point could prove challenging. Family rental While the neighborhood scores 81/100 for quality, making it a potentially attractive option for families, the asking price of €389,000 is not aligned with its fair value of €265,667, deeming it overpriced. This discrepancy in valuation may limit appeal to family renters who are price-sensitive and seeking greater value for their money. Buy-and-hold Investing in this property as a buy-and-hold strategy is less favorable given its current listing of €389,000, which exceeds the fair value of €265,667 by 31.7%, marking it as overpriced. The moderate 3.3% gross yield further suggests that capital appreciation may not be sufficient to justify the initial investment, thus lowering the potential for long-term profitability.
Economic downturn risk A minor downturn in the local economy could still impact tenant stability despite a relatively high score of 80, potentially leading to vacancies or lower rental income.
