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 61 m², built in 1981, energy rating D. Located on praceta Marquês Castelo Melhor, Santo António dos Cavaleiros e Frielas parish, Loures municipality, Lisbon district. Noteworthy Features: The apartment offers unique potential for expansion with two living rooms, allowing for an easy conversion into a two-bedroom layout, enhancing its value in a vibrant area.
The valuation. The asking price of €230,000 is significantly above the fair value of €104,301, representing an excessive 54.7% premium. This property is considered overpriced based on current market conditions and appraisal standards.
Fair value modelled at €104,301 from the area baseline, adjusted for condition and location. Asking €230,000 sits €125,699 (54.7%) above — overpriced versus fair value.
Asking €230,000 versus the praceta Marquês Castelo Melhor area baseline of €130,906 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 35/100 (Condition 32 · Materials 35 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praceta Marquês Castelo Melhor
Area baseline €130,906 + condition -€38,125 + location +€11,520 = modelled fair value of €104,301 (€1,710/m²), a €125,699 (54.7%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Marquês Castelo Melhor | Subject | €230,000 | €3,770 | — | 32 | 72 |
| rua Teresa de Saldanha | Active | €220,000 | €4,000 | 6.1% | 18 | 72 |
| travessa do Souto | Active | €315,000 | €4,922 | 30.5% | 20 | 84 |
| Odivelas · dee57c | Active | €238,900 | €5,309 | 40.8% | 35 | 79 |
| praceta Marquês Castelo Melhor | Active | €259,000 | €3,364 | 10.8% | 25 | 71 |
| Median comp | €248,950 | €4,461 | 18.3% | 23 | 76 |
Family rental The apartment in Santo António dos Cavaleiros e Frielas, priced at €230,000, presents a significant premium over its fair value of €104,301, indicating it is overpriced. Additionally, while the 4.8% gross yield may attract interest, the overall condition rating of 35/100 suggests that costly renovations may be necessary, reducing overall returns. Buy-and-hold Investing in this property for a buy-and-hold strategy is not advisable given that its listing price is 54.7% above the fair value of €104,301, marking it as overpriced. Future appreciation in a suburban area like Loures may not compensate for the high initial investment, given its low condition score of 35/100. Long-term rental The asking price of €230,000, which exceeds the fair value significantly, makes this property a questionable choice for long-term rental purposes. With a gross yield of 4.8%, the potential income does not justify the elevated purchase price, especially considering the condition score of 35/100 which may lead to higher maintenance costs.
Tenant turnover risk High tenant turnover could occur given the tenant stability score of 70/100, potentially impacting rental income and increasing vacancy costs.
