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, 2-bathroom apartment of 93 m², built in 1976, energy rating D. Located on rua Florbela Espanca, Ramada e Caneças parish, Odivelas municipality, Lisbon district. Noteworthy Features: The apartment includes a pleasant balcony and benefits from excellent solar exposure, enhancing its overall brightness and living experience in a sought-after residential area.
The valuation. The asking price of €380,000 is significantly above the fair value of €265,372, representing an overpricing of €114,628 (30.2%). This property does not appear to be a favorable investment given its valuation excess. Buy-to-flip angle. With the current condition rating of 62/100, a buy-to-flip strategy may involve minimal renovations to enhance appeal, aiming for a resale above the asking price to recoup costs and realize profit. Buy-to-let angle. The estimated rental income of €1,172 per month leads to a gross yield of approximately 3.7%, which could provide stable long-term returns if demand for family rentals remains steady in the area.
Fair value modelled at €265,372 from the area baseline, adjusted for condition and location. Asking €380,000 sits €114,628 (30.2%) above — overpriced versus fair value.
Asking €380,000 versus the rua Florbela Espanca area baseline of €268,584 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 62 · Materials 65 · Room dimensions 59). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 68 · Amenities 60 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Florbela Espanca
Area baseline €268,584 + condition -€19,327 + location +€16,115 = modelled fair value of €265,372 (€2,853/m²), a €114,628 (30.2%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Florbela Espanca | Subject | €380,000 | €4,086 | — | 62 | 65 |
| rua Barbosa Du Bocage, 8 | Active | €359,000 | €3,355 | 17.9% | 60 | 67 |
| rua Paiva Couceiro | Active | €310,000 | €3,523 | 13.8% | — | 75 |
| Santo António dos Cavaleiros e Frielas · 261f4b | Active | €290,000 | €3,222 | 21.1% | 60 | 71 |
| rua Gil Eanes | Active | €330,000 | €3,929 | 3.9% | 72 | 75 |
| Median comp | €320,000 | €3,439 | 15.8% | 60 | 73 |
Long-term rental The current listing price of €380,000 creates a significant gap of 30.2% from the fair value of €265,372, indicating the property is overpriced. With a gross yield of only 3.7%, long-term rental returns may not justify the elevated acquisition cost in this suburban location. Buy-and-hold Given its fair value of €265,372 versus the listing price of €380,000, the property is currently overpriced, which raises concerns about future appreciation potential. The modest condition rating of 62/100 further suggests that holding this asset may not yield satisfactory results over time in the competitive market. Family rental At a listed price of €380,000, this property is overpriced compared to its fair value of €265,372, and this situation may deter families looking for affordable rental options. Additionally, the average neighborhood rating of 65/100 indicates that attracting long-term family tenants could be a challenge due to limited perceived value. Not ideal for this property is not suitable for short-term rental, the luxury market, or student housing due to its overvaluation and mixed neighborhood rating, which could restrict demand in those particular segments.
Economic and Tenant Stability Risk: With both economic stability and tenant stability scores at 65/100, there's a heightened risk of fluctuating occupancy rates and rental income instability given the average performance in these critical areas.
