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.
0-bedroom, 0-bathroom mix_use_building of 600 m². Located on rua República, 2, Camarate, Unhos e Apelação parish, Loures municipality, Lisbon district. Noteworthy Features: The property includes a solid concrete structure that offers significant adaptability for various commercial usages, benefiting from strategic access to major transport routes and Lisbon Airport.
The valuation. The asking price of €200,000 is significantly below the fair value of €865,538, representing a remarkable undervaluation of €665,538 (332.8%). This presents an attractive opportunity for savvy investors. Buy-to-flip angle. The buy-to-flip strategy could capitalize on the property's underpriced status by making necessary renovations to improve its appeal and marketability before a resale, targeting potential buyers in the hot Lisbon metropolitan market. Buy-to-let angle. Although the current gross yield is 0% due to the property's poor condition, renovating could unlock long-term rental strategies, potentially leading to stable income streams once the property is brought up to standard.
Fair value modelled at €865,538 from the area baseline, adjusted for condition and location. Asking €200,000 sits €665,538 (332.8%) below — the upside to fair value.
Asking €200,000 versus the rua República, 2 area baseline of €1,287,600 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 12/100 (Condition 10 · Materials 5 · Room dimensions 30). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 82/100 (Housing Market 85 · Amenities 75 · Economic 80 · Tenant Quality 85). Strong amenities and housing-market momentum support a premium to baseline.
rua República, 2
Area baseline €1,287,600 + condition -€586,875 + location +€164,813 = modelled fair value of €865,538 (€1,443/m²), a €665,538 (332.8%) gap versus the €200,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua República, 2 | Subject | €200,000 | €333 | — | — | 82 |
| rua Vinha 2680-261 | Active | €350,000 | €1,186 | 255.9% | 15 | 75 |
| Camarate, Unhos e Apelação · aff4a2 | Active | €399,000 | €1,279 | 283.7% | 44 | 71 |
| rua Guiné, 11 | Active | €1,200,000 | €2,222 | 566.7% | 39 | 70 |
| Loures · 8d9f5f | Active | €300,000 | €369 | 10.8% | — | 68 |
| Median comp | €374,500 | €1,233 | 269.8% | 39 | 71 |
Long-term rental The property in Camarate presents a significant opportunity for long-term rental investments, given the fair value indicates a substantial upside potential of 332.8%. Despite currently offering a 0% gross yield, the neighborhood's high rating of 82/100 suggests strong demand for rental properties, ensuring future rental income stabilization. Family rental With its favorable location within the Lisbon metropolitan area, this property is well-suited for family rentals, attracting tenants seeking urban/suburban living benefits. The neighborhood's amenities and tenant quality ratings enhance its appeal, aligning well with family-oriented housing needs, even though the property is currently in poor condition with a score of 12/100. Buy-and-hold The buy-and-hold strategy is ideal for this Camarate property, as its significant gap from fair value reflects potential value appreciation over time. While immediate returns are minimal due to the 0% gross yield, the economic stability provided by access to Lisbon's job market positions this investment for long-term gains in both value and rental income.
Tenant turnover risk With a tenant stability score of 85/100, while it suggests low likelihood of turnover, unexpected economic changes could still prompt sudden departures, impacting cash flow stability.
