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 123 m², built in 1996, energy rating C. Located on rua Movimento das Forças Armadas, 29, Malveira e São Miguel de Alcainça parish, Mafra municipality, Lisbon district. Noteworthy Features: This apartment offers an unobstructed view of the countryside and includes a fireplace in the living room, enhancing both comfort and ambiance.
The valuation. The asking price of €360,000 is significantly above the fair value of €265,476, indicating it is overpriced by €94,524 or 26.3%. This discrepancy suggests caution for potential investors. Buy-to-flip angle. Rather than pursuing a buy-to-flip strategy, significant renovation costs would be needed to enhance the apartment's appeal for resale at a profit, given its current condition. Buy-to-let angle. With an estimated gross yield of 0%, the investment offers no immediate rental income potential, making it unattractive for long-term rental strategies.
Fair value modelled at €265,476 from the area baseline, adjusted for condition and location. Asking €360,000 sits €94,524 (26.3%) above — overpriced versus fair value.
Asking €360,000 versus the rua Movimento das Forças Armadas, 29 area baseline of €263,958 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 72 · Materials 74 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 60 · Amenities 55 · Economic 60 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Movimento das Forças Armadas, 29
Area baseline €263,958 + condition -€15,375 + location +€16,893 = modelled fair value of €265,476 (€2,158/m²), a €94,524 (26.3%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Movimento das Forças Armadas, 29 | Subject | €360,000 | €2,927 | — | 72 | 66 |
| rua Movimento das Forças Armadas, 29 | Active | €360,000 | €2,927 | 0% | 72 | 73 |
| Malveira e São Miguel de Alcainça · 4bc7c5 | Active | €456,000 | €2,465 | 15.8% | 70 | 66 |
| avenida José Batista Antunes, 3 | Active | €395,000 | €2,801 | 4.3% | 78 | 58 |
| Malveira e São Miguel de Alcainça · 90d7f5 | Active | €349,000 | €2,342 | 20.0% | 70 | 65 |
| Median comp | €377,500 | €2,633 | 10.0% | 71 | 66 |
Long-term rental The property's current listing price of €360,000 represents a 26.3% gap above its fair value of €265,476, indicating a significant risk if pursued as a long-term investment. With a 0% gross yield and a neighborhood rating of 66/100, the potential for steady rental income appears compromised by the high asking price. Family rental Targeting families in this suburban area may attract tenants, yet the property’s condition (67/100) and its overpriced status detracts from its viability as a family rental. Given the €360,000 listing price compared to its fair value, affordability for families could be a major barrier. Buy-and-hold The £360,000 valuation is not aligned with the fair value of €265,476, making this property less attractive for a buy-and-hold strategy. Investors may find it challenging to achieve satisfactory appreciation or returns, given that the market is priced above intrinsic value and the low tenant quality. Not ideal for luxury market The luxury market typically requires properties to be competitively priced and of superior quality, neither of which this property exemplifies with its high asking price and average condition. Thus, pursuing this unit as a luxury investment seems unwarranted. Not ideal for student housing The neighborhood lacks necessary amenities and tenant quality indicators desirable for student housing, compounded by the property's overpriced nature. This makes it a less favorable option for investors targeting the student rental market.
Economic Vulnerability The economic stability score of 60/100 indicates potential downturns that could negatively impact rental income and property values.