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, 1-bathroom apartment of 70 m², built in 1969, energy rating D. Located on rua Dom Nuno Álvares Pereira, Póvoa de Santo Adrião e Olival Basto parish, Odivelas municipality, Lisbon district. The property includes a functional marquise that can serve as an additional laundry area or kitchen support, maximizing its usability despite the existing maintenance needs.
The valuation. The asking price of €274,000 is significantly above the fair value of €183,790, reflecting an overpricing of €90,210 (32.9%). This suggests that potential buyers should be cautious and negotiate aggressively. Buy-to-flip angle. Given the property's lower condition rating of 41/100, a buy-to-flip strategy may require substantial renovations to enhance its appeal and market value. The aim would be to invest in updates and resell at a higher price point. Buy-to-let angle. The estimated rental income of €1,210/month indicates a gross yield of 5.3%, making it a viable option for long-term rental strategies. This could attract families looking to rent in this suburban area.
Fair value modelled at €183,790 from the area baseline, adjusted for condition and location. Asking €274,000 sits €90,210 (32.9%) above — overpriced versus fair value.
Asking €274,000 versus the rua Dom Nuno Álvares Pereira area baseline of €202,160 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 41/100 (Condition 40 · Materials 45 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 75 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Dom Nuno Álvares Pereira
Area baseline €202,160 + condition -€36,969 + location +€18,599 = modelled fair value of €183,790 (€2,626/m²), a €90,210 (32.9%) gap versus the €274,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Nuno Álvares Pereira | Subject | €274,000 | €3,914 | — | 40 | 73 |
| Odivelas · 25f834 | Active | €320,000 | €4,267 | 9.0% | 45 | 78 |
| rua Doutor Jaime Cortesão, 18 | Active | €320,000 | €3,265 | 16.6% | 40 | 73 |
| rua Nampula | Active | €249,000 | €3,831 | 2.1% | 40 | 80 |
| rua Comandante Augusto Castilho | Active | €245,000 | €4,083 | 4.3% | 42 | 79 |
| Median comp | €284,500 | €3,957 | 1.1% | 41 | 79 |
Long-term rental The property is currently overpriced at €274,000, significantly exceeding its fair value of €183,790. This price gap of 32.9% reduces the attractiveness of long-term rental prospects, despite a decent yield of 5.3%. Family rental While the neighbourhood scores a 73/100 in terms of amenities and tenant quality, the property’s overpriced status at €274,000 makes it less appealing for family rentals. The condition score of 41/100 also indicates potential maintenance issues that could deter families looking for long-term homes. Buy-and-hold Given the current valuation of €274,000 compared to a fair value of €183,790, there is a significant risk associated with a buy-and-hold strategy for this property. The long-term capital appreciation potential is compromised by the 32.9% gap versus fair value, making it unlikely to deliver satisfactory returns over time.
Economic Vulnerability The property may face economic downturns given its economic stability score of 70/100, which suggests susceptibility to fluctuations in the local economy. Tenant Vulnerability Although the tenant stability score is relatively high at 75/100, there is still a risk of turnover or vacancy that could impact rental income.