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 51 m², energy rating D. Located on estrada Serra da Mira, 256B, Mina de Água parish, Amadora municipality, Lisbon district. Noteworthy Features: This semi-basement apartment benefits from a private terrace, offering a rare outdoor space in an urban setting, though the surrounding outdoor areas require significant attention. Valuation Verdict: UNDERPRICED
The valuation. The asking price of €249,000 is significantly above the fair value of €107,247, resulting in an 56.9% premium. This property is clearly overpriced based on current market conditions.
Fair value modelled at €107,247 from the area baseline, adjusted for condition and location. Asking €249,000 sits €141,753 (56.9%) above — overpriced versus fair value.
Asking €249,000 versus the estrada Serra da Mira, 256B area baseline of €166,260 (€3,260/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 60 · Materials 55 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
estrada Serra da Mira, 256B
Area baseline €166,260 + condition -€15,539 + location +€9,515 = modelled fair value of €107,247 (€2,103/m²), a €141,753 (56.9%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Serra da Mira, 256B | Subject | €249,000 | €4,882 | — | 60 | 71 |
| Pontinha e Famões · ba3ace | Active | €280,000 | €5,000 | 2.4% | 68 | 76 |
| rua Pedro Álvares Cabral, 678 | Active | €210,000 | €5,250 | 7.5% | 60 | 77 |
| parque Central | Active | €209,000 | €5,359 | 9.8% | 62 | 72 |
| parque Central | Active | €259,500 | €5,406 | 10.7% | 62 | 75 |
| Median comp | €234,750 | €5,305 | 8.6% | 62 | 76 |
Long-term rental This 1-bed apartment in Mina de Água, listed at €249,000, presents a significant gap of 56.9% compared to its fair value of €107,247, indicating it is overpriced. The gross yield of 4% and average neighborhood rating of 71 suggest that potential income may not justify the asking price, making it a questionable investment for long-term rental strategies. Buy-and-hold Investing in this property for a buy-and-hold strategy is challenging given its fair value of €107,247 versus the listing price of €249,000, highlighting a substantial overpricing issue. While the suburban location offers decent amenities, the 4% gross yield may not sustain its current market value over time, raising concerns about appreciation. Family rental Although this apartment could have appeal as a family rental due to its proximity to urban amenities, the price of €249,000 significantly exceeds the fair value of €107,247, making it overpriced. The average neighborhood rating, while reasonable, does not mitigate the fact that the investment might not yield attractive returns for family tenants at this price point.
[Tenant turnover risk] With a tenant stability score of only 60/100, there is a potential risk of higher tenant turnover, which may lead to increased vacancy rates and costs for finding new tenants.
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