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, 1-bathroom apartment of 68 m², built in 1971, energy rating D. Located on praça Faria da Costa, 1, Olivais parish, Lisbon municipality, Lisbon district. This apartment features ample natural light with spacious living areas, while its location boasts convenience, being just a 10-minute walk from Encarnação metro station.
The valuation. The asking price of €297,500 sits €32,165 (10.8%) above the fair value of €265,335, indicating the property is overpriced. Such a premium may pose challenges in achieving a profitable exit.
Fair value modelled at €265,335 from the area baseline, adjusted for condition and location. Asking €297,500 sits €32,165 (10.8%) above — overpriced versus fair value.
Asking €297,500 versus the praça Faria da Costa, 1 area baseline of €267,784 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 (Condition 45 · Materials 50 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praça Faria da Costa, 1
Area baseline €267,784 + condition -€28,156 + location +€25,707 = modelled fair value of €265,335 (€3,902/m²), a €32,165 (10.8%) gap versus the €297,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça Faria da Costa, 1 | Subject | €297,500 | €4,375 | — | 45 | 74 |
| rua Norte Júnior, 232 | Active | €360,000 | €3,243 | 25.9% | 55 | 78 |
| rua José Luís de Morais, 16 | Active | €240,000 | €3,934 | 10.1% | 52 | 76 |
| praça da República | Active | €300,000 | €3,614 | 17.4% | 58 | 73 |
| Olivais · 6fb96a | Active | €370,000 | €6,379 | 45.8% | 58 | 83 |
| Median comp | €330,000 | €3,774 | 13.7% | 57 | 77 |
Long-term rental This 3-bed apartment in Olivais, listed at €297,500, is selling for 10.8% above its fair value of €265,335, indicating an overpriced property. With a gross yield of 4.6% and neighborhood rating of 74/100, it may not justify the higher price point for long-term rental investors. Family rental While this apartment could attract families due to its space, the price of €297,500 is 10.8% higher than the fair value of €265,335, marking it as overpriced. The condition score of 49/100 suggests that additional investment may be needed to appeal to family renters. Buy-and-hold Despite the potential for appreciation in the Greater Lisbon area, the apartment priced at €297,500 is still 10.8% above its fair value of €265,335, making it overpriced for buy-and-hold investors. Given the modest yield of 4.6% and average neighborhood conditions, the long-term viability of this investment may be questionable.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate likelihood of tenant turnover, which could impact cash flow negatively if vacancies occur more frequently than anticipated.
