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, 1-bathroom apartment of 72 m². Located on praceta Marquês Castelo Melhor, Santo António dos Cavaleiros e Frielas parish, Loures municipality, Lisbon district. Unique Location: Positioned on a quiet square, this apartment benefits from limited noise disruption while still being close to essential amenities and transportation options, enhancing its rental appeal.
The valuation. The asking price of €270,000 sits €140,030 (51.9%) above the fair value of €129,970, indicating that the property is overpriced. This significant valuation gap suggests limited investment merit at the current asking price.
Fair value modelled at €129,970 from the area baseline, adjusted for condition and location. Asking €270,000 sits €140,030 (51.9%) above — overpriced versus fair value.
Asking €270,000 versus the praceta Marquês Castelo Melhor area baseline of €154,512 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 40/100 (Condition 35 · Materials 40 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 70 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praceta Marquês Castelo Melhor
Area baseline €154,512 + condition -€39,375 + location +€14,833 = modelled fair value of €129,970 (€1,805/m²), a €140,030 (51.9%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Marquês Castelo Melhor | Subject | €270,000 | €3,750 | — | 35 | 74 |
| Odivelas · dee57c | Active | €238,900 | €5,309 | 41.6% | 35 | 79 |
| avenida Salgado Zenha | Active | €285,000 | €4,254 | 13.4% | 58 | 70 |
| Santo António dos Cavaleiros e Frielas · 0238b2 | Active | €285,000 | €4,318 | 15.2% | 52 | 75 |
| rua Dom Nuno Álvares Pereira | Active | €274,000 | €3,914 | 4.4% | 40 | 73 |
| Median comp | €279,500 | €4,286 | 14.3% | 46 | 74 |
Long-term rental This property presents a gross yield of 5.1%, suggesting a potential income stream; however, it is clearly overpriced by 51.9% compared to its fair value of €129,970. Given the condition rating of 40/100, maintaining long-term tenants may be challenging as the costs of refurbishing the property could outweigh the rental income. Family rental While the property is situated in a decent neighbourhood with a rating of 74/100, the 51.9% gap from fair value indicates that it is overpriced and may deter prospective family renters. The condition score of 40/100 further complicates its appeal, as families may seek better-maintained spaces for their needs. Buy-and-hold Although holding this property could align with a longer-term investment strategy, the price point of €270,000 exceeds its fair value by 51.9%, rendering it overpriced. The economic factors tied to the suburban context of Greater Lisbon do not justify the investment unless significant appreciation is anticipated, which appears unlikely given the current condition score of 40/100.
Potential tenant turnover risk: With a tenant stability score of 70/100, there may be a higher likelihood of tenant turnover, impacting rental income continuity.
