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 152 m² on the 1st floor, built in 2006, energy rating C. Located on urbanização Casal da Mira, Mina de Água parish, Amadora municipality, Lisbon district. Noteworthy Features: This apartment includes a heat recovery system and recessed LED lighting, enhancing energy efficiency while maintaining a modern aesthetic.
The valuation. The asking price of €400,000 sits above the fair value of €385,275 by €14,725 (3.7%), indicating that this property is overpriced. Buyers should carefully consider this disparity before making an offer.
Fair value modelled at €385,275 from the area baseline, adjusted for condition and location. Asking €400,000 sits €14,725 (3.7%) above — overpriced versus fair value.
Asking €400,000 versus the urbanização Casal da Mira area baseline of €337,592 (€2,221/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 79 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 78 · Amenities 76 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
urbanização Casal da Mira
Area baseline €337,592 + condition +€16,625 + location +€31,058 = modelled fair value of €385,275 (€2,535/m²), a €14,725 (3.7%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Casal da Mira | Subject | €400,000 | €2,632 | — | 79 | 73 |
| Encosta do Sol · 25f521 | Active | €389,900 | €2,671 | 1.5% | 70 | 74 |
| praceta José Magro | Active | €359,000 | €3,989 | 51.6% | 80 | 74 |
| avenida Amália Rodrigues, 51 | Active | €495,000 | €3,018 | 14.7% | 74 | 69 |
| avenida Carlos César, 6 | Active | €580,000 | €3,005 | 14.2% | 72 | 73 |
| Median comp | €442,450 | €3,012 | 14.4% | 73 | 74 |
Long-term rental The property seems overpriced at €400,000, given its fair value of €385,275, indicating a modest gap of 3.7%. While the yield of 4% is decent, the rental income potential does not sufficiently compensate for the elevated purchase price, making it a less attractive long-term investment. Family rental Although the property is located in a suburban part of Lisbon with good quality of life, its listing price is above fair value, suggesting it may not be the best option for family rental. Families typically seek reasonably priced homes, and this property’s premium could deter potential long-term tenants from considering it. Buy-and-hold Investing in this property for a buy-and-hold strategy might be less favorable due to its current valuation of €400,000, which exceeds the fair value by 3.7%. While the area boasts a good quality of life and low crime rates, the overpriced nature of the asset limits potential appreciation and risk-adjusted returns for investors.
Tenant turnover risk The tenant stability score of 65/100 indicates a higher likelihood of turnover, which can lead to increased vacancy rates and associated costs.