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 apartment of 52 m², built in 2006, energy rating E. Located on rua da Aliança Operária, Alcântara parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment includes a 30 m² outdoor area, ideal for urban gardening or relaxation, adding significant value despite extensive renovation needs.
The valuation. The asking price of €230,000 is significantly above the fair value of €189,361, resulting in an overvaluation of €40,639 (17.7%). This discrepancy suggests that the property is overpriced for investors seeking immediate returns.
Fair value modelled at €189,361 from the area baseline, adjusted for condition and location. Asking €230,000 sits €40,639 (17.7%) above — overpriced versus fair value.
Asking €230,000 versus the rua da Aliança Operária area baseline of €204,776 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 28/100 (Condition 20 · Materials 25 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 75 · Economic 90 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua da Aliança Operária
Area baseline €204,776 + condition -€38,350 + location +€22,935 = modelled fair value of €189,361 (€3,642/m²), a €40,639 (17.7%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Aliança Operária | Subject | €230,000 | €4,423 | — | 20 | 78 |
| rua Filinto Elísio | Active | €340,000 | €5,231 | 18.3% | 36 | 70 |
| Campo de Ourique · ba5813 | Active | €480,000 | €6,857 | 55.0% | — | 80 |
| rua José Osório de Oliveira, 2 | Active | €399,990 | €6,250 | 41.3% | 36 | 74 |
| rua Ferreira Borges, 96 | Active | €325,000 | €5,909 | 33.6% | — | 84 |
| Median comp | €369,995 | €6,080 | 37.4% | 36 | 77 |
Long-term rental The current listing price of €230,000 is 17.7% higher than the fair value of €189,361, indicating that the property is overpriced. With a gross yield of 5.6% in a neighborhood rated 78/100, the investment potential is limited due to the elevated entry cost. Family rental Given its suburban location in Alcântara with good transport links, the property could attract families seeking stable long-term housing; however, the significant price overvaluation at €230,000 raises concerns about future capital appreciation. The neighborhood's amenities and tenant quality are decent, but potential renters might be deterred by the higher rental cost driven by the property's inflated price. Buy-and-hold While the property benefits from a desirable suburban setting in Lisbon and a solid yield of 5.6%, the buying price of €230,000 far exceeds its fair value, making it less appealing for a long-term hold strategy. Investors should weigh the risk of capital depreciation against the neighborhood's overall quality before committing to this overpriced asset.
Tenant turnover risk The tenant stability score of 75/100 suggests a higher likelihood of tenant turnover, which could lead to increased vacancy rates and lost rental income.
