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, 1-bathroom apartment of 47 m², energy rating D. Located on rua Maria Lamas, Póvoa de Santa Iria e Forte da Casa parish, Vila Franca de Xira municipality, Lisbon district. This apartment features a contemporary kitchen designed for practicality, allowing for effortless meal preparation, and boasts a bright social area ideal for entertaining.
The valuation. The asking price of €249,700 is significantly above the fair value of €110,291, indicating an overvaluation of €139,409 (55.8%). This property does not represent a favorable investment opportunity based on its current pricing. Buy-to-flip angle. This property could be flipped after minor cosmetic upgrades to appeal to potential buyers looking for modern finishes at an attractive resale price. However, the current asking price limits room for a profitable flip strategy. Buy-to-let angle. Given the asking price and 0% gross yield, this property is not a viable option for rental income strategies. The expected returns do not justify the investment compared to the fair market value.
Fair value modelled at €110,291 from the area baseline, adjusted for condition and location. Asking €249,700 sits €139,409 (55.8%) above — overpriced versus fair value.
Asking €249,700 versus the rua Maria Lamas area baseline of €100,862 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 83 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Maria Lamas
Area baseline €100,862 + condition +€2,570 + location +€6,859 = modelled fair value of €110,291 (€2,347/m²), a €139,409 (55.8%) gap versus the €249,700 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Maria Lamas | Subject | €249,700 | €5,313 | — | 75 | 67 |
| Póvoa de Santa Iria e Forte da Casa · 0902cb | Active | €249,700 | €4,994 | 6.0% | 80 | 75 |
| Póvoa de Santa Iria e Forte da Casa · bf2899 | Active | €249,700 | €4,994 | 6.0% | 75 | 81 |
| rua Maria Lamas, 6 | Active | €249,700 | €5,096 | 4.1% | 80 | 71 |
| Póvoa de Santa Iria e Forte da Casa · 023861 | Active | €249,700 | €4,896 | 7.8% | 78 | 70 |
| Median comp | €249,700 | €4,994 | 6.0% | 79 | 73 |
Long-term rental The 2-bed apartment in Póvoa de Santa Iria e Forte da Casa is overpriced, presenting a significant gap of 55.8% compared to its fair value of €110,291. With a gross yield of 0% and a low tenant quality, long-term rental opportunities are not compelling in this market. Family rental Given the property's high price point and the lack of perceived value, it may not be attractive for family rentals, despite the stable housing demand in the area. The current condition score of 79/100 suggests decent livability, but does not compensate for its overpriced nature in this particular segment. Buy-and-hold Investing in this apartment as a buy-and-hold strategy appears unwise due to its 55.8% overvaluation and absence of yield. While the location offers stable demand, the inflated price prohibits achieving reasonable returns in the long term.
[Tenant turnover risk] With a tenant stability score of only 60/100, there is a significant risk of higher turnover rates leading to potential vacancy periods and increased leasing costs.
