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.
0-bedroom, 0-bathroom apartment_building of 240 m², energy rating C. Located on rua Dom Manuel I, 404, Pontinha e Famões parish, Odivelas municipality, Lisbon district. Noteworthy Features: The property benefits from a recent roof renewal, minimizing future maintenance costs, and has established agreements for rental increases that can substantially boost annual income. Investment Potential: Immediate income with potential growth up to approximately €47,000 annually.
The valuation. The asking price of €600,000 sits €113,910 (19.0%) below the fair value of €713,910, indicating the property is underpriced in the current market. This presents an attractive opportunity for discerning investors. Buy-to-flip angle. A buy-to-flip strategy could focus on minor renovations to enhance the apartment's appeal, potentially allowing for a resale at a significantly higher price point after investment. Quick improvements could leverage the property’s advantageous pricing. Buy-to-let angle. The rental income strategy for this property would involve securing long-term leases in a suburban area with lower crime rates, making it attractive for families seeking reliable housing options near Lisbon. Expected gross yield currently sits at 0%, indicating further assessment may be needed for profitability.
Fair value modelled at €713,910 from the area baseline, adjusted for condition and location. Asking €600,000 sits €113,910 (19.0%) below — the upside to fair value.
Asking €600,000 versus the rua Dom Manuel I, 404 area baseline of €693,120 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 60 · Materials 65 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Dom Manuel I, 404
Area baseline €693,120 + condition -€45,750 + location +€66,540 = modelled fair value of €713,910 (€2,975/m²), a €113,910 (19.0%) gap versus the €600,000 asking price.
Long-term rental The property in Pontinha e Famões presents a promising opportunity for long-term rental due to its proximity to Lisbon, ensuring access to good schools and employment. With a fair value of €713,910, it stands at 19.0% below this value, making it an attractive investment in a desirable suburban area. Family rental Given the suburban environment and lower crime rates, this property is suitable for family rentals, appealing to tenants seeking a safe and accessible neighborhood. The current gap from fair value enhances the potential for solid long-term appreciation within this demographic. Buy-and-hold As a buy-and-hold investment, this apartment building benefits from a strong likelihood of appreciating over time, especially considering its fair value being significantly higher than the listing price. The decent neighborhood condition and access to local amenities further support the long-term growth potential for owners. Not ideal for The property is not suited for the luxury market, short-term vacation rentals, or student housing, as these sectors may not effectively leverage the advantages provided by its suburban location and tenant quality.
Tenant turnover risk With a tenant stability score of 70/100, there's a significant possibility of increased turnover, which could lead to higher vacancy rates and associated costs.
