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 76 m², energy rating D. Located on rua Zeca Afonso, 8, Santa Iria de Azóia, São João da Talha e Bobadela parish, Loures municipality, Lisbon district. Noteworthy Features: The apartment's recent window upgrades enhance energy efficiency and sound insulation while providing large, vibrant vistas of the Tejo River, ideal for natural light enthusiasts.
The valuation. The asking price of €290,000 is significantly above the fair value of €167,534, making it overpriced by €122,466 (42.2%). This valuation suggests a lack of competitive pricing in the current market. Buy-to-flip angle. A resale strategy would require renovations to justify a higher price, aiming for a quick turnover in a mixed neighborhood with potential for appreciation. Buy-to-let angle. The gross yield of 3.2% with estimated monthly rent of €773 indicates modest cash flow, making it suitable for family rentals in a suburban area that supports longer-term tenant demand.
Fair value modelled at €167,534 from the area baseline, adjusted for condition and location. Asking €290,000 sits €122,466 (42.2%) above — overpriced versus fair value.
Asking €290,000 versus the rua Zeca Afonso, 8 area baseline of €163,096 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 72 · Materials 75 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 72 · Amenities 75 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Zeca Afonso, 8
Area baseline €163,096 + condition -€9,262 + location +€13,700 = modelled fair value of €167,534 (€2,204/m²), a €122,466 (42.2%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Zeca Afonso, 8 | Subject | €290,000 | €3,816 | — | 72 | 71 |
| rua 10 de Julho, 4 | Active | €265,000 | €4,569 | 19.7% | 65 | 74 |
| Póvoa de Santa Iria e Forte da Casa · 261df4 | Active | €275,000 | €3,571 | 6.4% | 73 | 77 |
| Póvoa de Santa Iria e Forte da Casa · f35f83 | Active | €333,000 | €3,543 | 7.2% | 75 | 76 |
| Santa Iria de Azóia, São João da Talha e Bobadela · ba39c3 | Active | €249,500 | €4,620 | 21.1% | 70 | 75 |
| Median comp | €270,000 | €4,070 | 6.7% | 72 | 76 |
Long-term rental The property, priced at €290,000, significantly exceeds its fair value of €167,534, indicating it is overpriced by 42.2%. With a gross yield of only 3.2%, the long-term rental strategy is unlikely to provide satisfactory returns given the elevated entry price. Family rental Despite the suburban setting and good access to schools, this 2-bed apartment is overpriced at €290,000 compared to the fair value of €167,534. The modest gross yield of 3.2% suggests that potential rental income will not justify the high purchase price for families seeking stable housing. Buy-and-hold As the property is listed at €290,000—42.2% above its fair value of €167,534—it is not a suitable candidate for a buy-and-hold investment strategy. The subpar 3.2% gross yield raises concerns about capital preservation over time, given the inflated acquisition cost.
Economic Sensitivity Risk: With both economic and tenant stability scores at 70/100, there is a moderate risk that fluctuations in the local economy or tenant quality could impact rental income and property value negatively.
