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.
1-bedroom, 1-bathroom house of 60 m². Located on rua São Nicolau, 1, Loures parish, Loures municipality, Lisbon district. Garage converted into a multifunctional studio offers potential for rental income or additional living space, enhancing the property's versatility for various lifestyles.
The valuation. The asking price of €269,000 significantly exceeds the fair value of €130,699, representing a mark-up of €138,301 or 51.4%. This property is considered overpriced. Buy-to-flip angle. A buy-to-flip strategy would require significant market appreciation, as the current price does not offer sufficient profit margins for a resale. Quick renovations may not justify the current asking price. Buy-to-let angle. With an estimated rental income of €807/month, the gross yield stands at 3.6%, suitable for long-term rentals. However, this yield is relatively low compared to market standards in the region.
Fair value modelled at €130,699 from the area baseline, adjusted for condition and location. Asking €269,000 sits €138,301 (51.4%) above — overpriced versus fair value.
Asking €269,000 versus the rua São Nicolau, 1 area baseline of €118,860 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua São Nicolau, 1
Area baseline €118,860 + condition +€3,281 + location +€8,558 = modelled fair value of €130,699 (€2,178/m²), a €138,301 (51.4%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua São Nicolau, 1 | Subject | €269,000 | €4,483 | — | 75 | 68 |
| Loures · 1e66e2 | Active | €350,000 | €4,861 | 8.4% | 65 | 75 |
| rua Luís de Camões, 13 | Active | €229,000 | €3,225 | 28.1% | 70 | 78 |
| Loures · 6f410a | Active | €890,000 | €2,967 | 33.8% | 75 | 70 |
| rua das Camélias | Active | €568,000 | €2,582 | 42.4% | 77 | 70 |
| Median comp | €459,000 | €3,096 | 30.9% | 73 | 73 |
Long-term rental This property presents a gross yield of only 3.6%, which is below the market benchmark for long-term rentals in the area. With a significant gap of 51.4% from its fair value of €130,699, this investment appears to be overpriced, limiting potential returns. Family rental While the suburban location of Loures may appeal to families, the property's price point at €269,000 is significantly high compared to its fair value. This 1-bedroom home does not provide the best value for family rentals, given its overpriced status. Buy-and-hold Although Loures has influences from Lisbon, the substantial discrepancy between the asking price and fair value suggests that this property is not a suitable buy-and-hold investment. The long-term appreciation potential is undermined by the current overvaluation of the property. Not ideal for This property is suboptimal for student housing due to its 1-bedroom configuration, which is less desirable for shared living arrangements. Additionally, its pricing reflects a luxury market positioning that does not align with the neighborhood's middle-class characteristics.
Tenant turnover risk The tenant stability score of 65/100 indicates a higher likelihood of tenant turnover, which could lead to increased vacancy periods and potential loss of rental income.
