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.
2-bedroom, 1-bathroom apartment of 85 m², built in 1979, energy rating E. Located on rua Joaquim Correia Bessa, Póvoa de Santa Iria e Forte da Casa parish, Vila Franca de Xira municipality, Lisbon district. Noteworthy Features: The apartment's strategic location enables a quick train commute to central Lisbon, while the panoramic river views from the 7th floor enhance its appeal as a serene urban retreat.
The valuation. The asking price of €295,000 is significantly above the fair value of €203,575, representing an overpriced condition by €91,425 (31.0%). This valuation indicates that potential buyers may need to reconsider their investment strategy.
Fair value modelled at €203,575 from the area baseline, adjusted for condition and location. Asking €295,000 sits €91,425 (31.0%) above — overpriced versus fair value.
Asking €295,000 versus the rua Joaquim Correia Bessa area baseline of €182,410 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 82 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 70 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Joaquim Correia Bessa
Area baseline €182,410 + condition +€4,383 + location +€16,782 = modelled fair value of €203,575 (€2,395/m²), a €91,425 (31.0%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Joaquim Correia Bessa | Subject | €295,000 | €3,471 | — | 75 | 73 |
| Póvoa de Santa Iria e Forte da Casa · bf2899 | Active | €249,700 | €4,994 | 43.9% | 75 | 81 |
| Póvoa de Santa Iria e Forte da Casa · 0902cb | Active | €249,700 | €4,994 | 43.9% | 80 | 75 |
| rua Maria Lamas | Active | €249,700 | €5,313 | 53.1% | 75 | 67 |
| Póvoa de Santa Iria e Forte da Casa · 023861 | Active | €249,700 | €4,896 | 41.1% | 78 | 70 |
| Median comp | €249,700 | €4,994 | 43.9% | 77 | 73 |
Long-term rental The current listing price of €295,000 exceeds its fair value of €203,575 by 31.0%, making it overpriced without substantial yield prospects for long-term rental. With a gross yield of only 3.4%, the return on investment may not be compelling enough for sustained rental income in the area. Buy-and-hold Investing in this property as a buy-and-hold strategy at the current price does not align with sound financial principles, as it is priced 31.0% above the fair value. Given the moderate condition score of 78/100 and a lack of compelling appreciation potential, the long-term value realization is uncertain. Family rental The property is listed at €295,000, substantially higher than its fair valuation of €203,575, indicating it is overpriced for the family rental market. While the area has decent neighborhood ratings, the elevated price may deter potential family tenants seeking affordable housing options.
Tenant turnover risk High tenant turnover may occur due to the Tenant Stability score of 70/100, suggesting potential instability in rental income.
