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 77 m², energy rating D. Located on praceta Marquês Castelo Melhor, Santo António dos Cavaleiros e Frielas parish, Loures municipality, Lisbon district. Noteworthy Features: The apartment boasts excellent natural light and panoramic views from the 8th floor, while its location offers quick access to multiple public transport options and major roadways.
The valuation. The asking price of €259,000 is significantly above the fair value of €124,019, representing an alarming 52.1% premium. Verdict: overpriced. Buy-to-flip angle. To pursue a buy-and-flip strategy, significant renovations are necessary, given the apartment's basic and outdated finishes. After upgrades, the goal would be to capture a higher resale value. Buy-to-let angle. A rental income strategy could yield a gross yield of 4.4%, estimating around €950 per month in rent from family tenants in a suburban Lisbon setting.
Fair value modelled at €124,019 from the area baseline, adjusted for condition and location. Asking €259,000 sits €134,981 (52.1%) above — overpriced versus fair value.
Asking €259,000 versus the praceta Marquês Castelo Melhor area baseline of €165,242 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 29/100 (Condition 25 · Materials 30 · Room dimensions 35). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praceta Marquês Castelo Melhor
Area baseline €165,242 + condition -€55,103 + location +€13,880 = modelled fair value of €124,019 (€1,611/m²), a €134,981 (52.1%) gap versus the €259,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Marquês Castelo Melhor | Subject | €259,000 | €3,364 | — | 25 | 71 |
| rua Nampula | Active | €249,000 | €3,831 | 13.9% | 40 | 80 |
| rua Dom Nuno Álvares Pereira | Active | €274,000 | €3,914 | 16.4% | 40 | 73 |
| alameda Poder, 10 | Active | €295,000 | €3,882 | 15.4% | 45 | 77 |
| travessa do Souto | Active | €315,000 | €4,922 | 46.3% | 20 | 84 |
| Median comp | €284,500 | €3,898 | 15.9% | 40 | 79 |
Long-term rental The 2-bed apartment in Santo António dos Cavaleiros e Frielas, with a fair value of €124,019, is currently listed at €259,000, indicating it is overpriced by 52.1%. This dissonance, combined with a gross yield of only 4.4% and a mediocre condition score of 29/100, suggests that securing long-term tenants may result in financial underperformance. Family rental While the apartment could potentially serve family rental needs, its price point at €259,000 reflects a significant overvaluation of 52.1% compared to the fair value of €124,019. Further, the condition score of 29/100 may discourage potential family renters seeking quality accommodations within Greater Lisbon. Buy-and-hold The buy-and-hold strategy appears less favorable for this property given its current listing price of €259,000, which is 52.1% above the fair value of €124,019. The dismal condition rating of 29/100 further compounds purchasing risk, making this investment unlikely to yield adequate long-term returns. Not ideal for: The property is clearly unsuitable for short-term vacation rentals and student housing due to its high valuation and poor condition score. Potential buyers should consider the financial risks associated with these strategies in the current market context.
Market vulnerability Given both the economic stability score of 70/100 and tenant stability score of 70/100, the property may be susceptible to economic fluctuations that can affect occupancy rates and tenant retention negatively.