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 72 m², built in 1990. Located on rua Correia Garção, Odivelas parish, Odivelas municipality, Lisbon district. This apartment features a spacious 22m² living room with dual solar orientation, enhancing natural light and energy efficiency, along with a top-floor storage room for added convenience.
The valuation. The asking price of €450,000 is significantly above the fair value of €219,167, marking a discrepancy of €230,833 (51.3%). This property is considered overpriced.
Fair value modelled at €219,167 from the area baseline, adjusted for condition and location. Asking €450,000 sits €230,833 (51.3%) above — overpriced versus fair value.
Asking €450,000 versus the rua Correia Garção area baseline of €207,936 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 63 · Materials 67 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Correia Garção
Area baseline €207,936 + condition -€9,563 + location +€20,794 = modelled fair value of €219,167 (€3,044/m²), a €230,833 (51.3%) gap versus the €450,000 asking price.
Long-term rental The property is priced significantly above its fair value, which makes it less attractive as a long-term rental investment, with a substantial gap of 51.3%. The gross yield of 3.5% is below the market average for similar suburban locations, indicating lower potential returns for landlords. Family rental While the suburban location of Odivelas benefits from access to amenities and decent schools, the current asking price does not align with its fair value, making it less appealing for family rentals. The property’s condition rating of 67/100 suggests it may require renovations, further detracting from its potential suitability for families seeking quality housing. Buy-and-hold Investing in this property under the buy-and-hold strategy is not advisable given its 51.3% overvaluation, which limits appreciation potential in the longer term. The modest yield of 3.5% does not sufficiently compensate for the high purchase price, making it a challenging asset to hold for future gains.
Economic Sensitivity Risk: With an economic stability score of 75, there is a risk that downturns could impact rental demand, potentially resulting in vacancies or lower rental income for tenants, especially as 25% of the economic environment is less stable.
