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 88 m², built in 1988, energy rating D. Located on rua Fernão Magalhães, Loures parish, Loures municipality, Lisbon district. This apartment boasts a spacious balcony overlooking a quiet street, enhancing its outdoor appeal and providing a serene space for relaxation in a vibrant urban area.
The valuation. The asking price of €380,000 sits significantly above the fair value of €178,404, representing an overpricing of €201,596 (53.1%). This discrepancy suggests the property is not a prudent investment at its current price.
Fair value modelled at €178,404 from the area baseline, adjusted for condition and location. Asking €380,000 sits €201,596 (53.1%) above — overpriced versus fair value.
Asking €380,000 versus the rua Fernão Magalhães area baseline of €174,328 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 68 · Materials 75 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Fernão Magalhães
Area baseline €174,328 + condition -€11,963 + location +€16,038 = modelled fair value of €178,404 (€2,027/m²), a €201,596 (53.1%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Fernão Magalhães | Subject | €380,000 | €4,318 | — | 68 | 73 |
| rua Maria Amália Vaz de Carvalho | Active | €290,000 | €4,265 | 1.2% | 70 | 74 |
| rua Santo Antonio | Active | €270,000 | €3,857 | 10.7% | 68 | 75 |
| Santo António dos Cavaleiros e Frielas · f366dc | Active | €269,000 | €4,891 | 13.3% | 68 | 75 |
| avenida Salgado Zenha | Active | €285,000 | €4,318 | 0% | 53 | 74 |
| Median comp | €277,500 | €4,292 | 0.6% | 68 | 75 |
Long-term rental The property is overpriced with a significant gap of 53.1% from its fair value of €178,404, making it a less attractive long-term rental investment. The gross yield of 3.4% is not compelling enough to justify such a high entry price, especially in a suburban area with moderate tenant quality and amenities. Family rental While the property could theoretically serve as a family rental given the space, its current listing price of €380,000 is unjustified as it is significantly above fair market value. The mixed ratings of its condition (66/100) and neighborhood appeal (73/100) further indicate that the investment’s potential is not worth the high price tag. Buy-and-hold The buy-and-hold strategy for this property is weakened by its overpriced status, with a fair value significantly lower than the market listing. This discrepancy, alongside a modest yield of 3.4%, suggests that holding onto this investment may not yield favorable returns in the long run. Not ideal for The property is not suited for the luxury market due to its lack of premium features and condition, and it also fails to qualify as a viable short-term vacation rental investment given its pricing and tenant quality concerns.
Tenant turnover risk: With a tenant stability score of 65/100, there is a potential risk of high tenant turnover, which may lead to increased vacancy rates and associated costs.
