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 90 m², built in 1987, energy rating C. Located on praceta José Magro, Mina de Água parish, Amadora municipality, Lisbon district. Noteworthy Features: This apartment includes a balcony shared with the kitchen and living room, offering unobstructed views and abundant natural light throughout the day.
The valuation. The asking price of €359,000 is significantly above the fair value of €230,329, indicating it is overpriced by €128,671 (35.8%). Such a premium suggests a lack of alignment with market expectations and comparable sales in the area.
Fair value modelled at €230,329 from the area baseline, adjusted for condition and location. Asking €359,000 sits €128,671 (35.8%) above — overpriced versus fair value.
Asking €359,000 versus the praceta José Magro area baseline of €199,890 (€2,221/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 80 · Materials 85 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
praceta José Magro
Area baseline €199,890 + condition +€11,250 + location +€19,189 = modelled fair value of €230,329 (€2,559/m²), a €128,671 (35.8%) gap versus the €359,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta José Magro | Subject | €359,000 | €3,989 | — | 80 | 74 |
| Benfica · 957064 | Active | €599,000 | €4,992 | 25.1% | 80 | 71 |
| parque Central | Active | €349,000 | €3,455 | 13.4% | 78 | 78 |
| rua Augusto Costa, 6A | Active | €599,000 | €4,992 | 25.1% | 75 | 68 |
| rua Francisco Vieira de Almeida | Active | €350,000 | €3,097 | 22.4% | 72 | 76 |
| Median comp | €474,500 | €4,224 | 5.9% | 77 | 74 |
Long-term rental Given the fair value of €230,329, the current listing of €359,000 suggests that this property is overpriced by 35.8%, which could limit return potential for long-term rentals. With a gross yield of 3.7%, investors may find better opportunities elsewhere that offer more favorable pricing relative to rental income. Family rental This property’s price at €359,000, which is 35.8% above fair value, may deter families looking for reasonably priced housing options in Mina de Água. Additionally, with a tenant quality score of 74/100, there may be limited appeal given the property’s high price in relation to its rental yield. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable, as its current pricing reflects a 35.8% overvaluation compared to the fair value of €230,329. The modest yield of 3.7% does not justify the risk associated with holding an overpriced asset in the long run.
Tenant turnover risk As the tenant stability score is 75/100, there is a risk of higher tenant turnover, which could lead to increased vacancy rates and associated costs.
