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, 3-bathroom mix_use_building of 295 m², built in 1983, energy rating D. Located on rua Vinha 2680-261, Camarate, Unhos e Apelação parish, Loures municipality, Lisbon district. Noteworthy Features: The property includes three independent T2 units with two currently rented, and it presents a unique opportunity for future legalization due to its AUGI status. Condition Notes: Significant neglect is evident throughout, impacting safety and livability without extensive repairs.
The valuation. The asking price of €350,000 is significantly below its fair value of €429,033, representing a discount of €79,033 (22.6%). This indicates the property is underpriced in the current market. Buy-to-flip angle. Utilizing a buy-to-flip strategy, the focus would be on renovating the outdated finishes and optimizing the property's condition for resale at a higher price point, tapping into demand in proximity to Lisbon. Buy-to-let angle. Given the residential potential, a buy-to-let strategy could capitalize on long-term rental opportunities, aiming for family rentals in a stable suburban area, though current gross yield stands at 0% due to the property’s condition.
Fair value modelled at €429,033 from the area baseline, adjusted for condition and location. Asking €350,000 sits €79,033 (22.6%) below — the upside to fair value.
Asking €350,000 versus the rua Vinha 2680-261 area baseline of €633,070 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 17/100 (Condition 15 · Materials 20 · Room dimensions 25). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 85 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Vinha 2680-261
Area baseline €633,070 + condition -€267,344 + location +€63,307 = modelled fair value of €429,033 (€1,454/m²), a €79,033 (22.6%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vinha 2680-261 | Subject | €350,000 | €1,186 | — | 15 | 75 |
| rua República, 2 | Active | €200,000 | €333 | 71.9% | — | 82 |
| Camarate, Unhos e Apelação · aff4a2 | Active | €399,000 | €1,279 | 7.8% | 44 | 71 |
| rua Guiné, 11 | Active | €1,200,000 | €2,222 | 87.3% | 39 | 70 |
| Loures · 8d9f5f | Active | €300,000 | €369 | 68.9% | — | 68 |
| Median comp | €349,500 | €824 | 30.5% | 42 | 71 |
Long-term rental The property in Camarate presents a strong opportunity for long-term rental investors as it is currently priced 22.6% below its fair value. Given the neighborhood's stability and proximity to Lisbon, this investment is likely to attract reliable tenants seeking convenience and value. Family rental With its attractive location and decent neighborhood ratings, this property has the potential to cater to families looking for affordable housing options. The fair value assessment suggests that the current listing price makes it an appealing choice for this demographic, especially with the amenities available nearby. Buy-and-hold Investing in this property as a buy-and-hold asset could yield significant returns as the fair value exceeds the listing price by 22.6%. The Camarate area benefits from its proximity to Lisbon and suburban stability, making it a strategic location for long-term appreciation in real estate value.
Tenant turnover risk The tenant stability score of 70/100 suggests a moderate chance of tenant turnover, which could result in vacancy periods and lost rental income.