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 €358,600 (€3,260/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 €358,600 + 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 |
| 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 |
| Águas Livres · 38c30b | Active | €349,000 | €3,356 | 5.1% | 65 | 79 |
| Median comp | €337,000 | €3,529 | 0.2% | 70 | 78 |
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.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
