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 85 m², built in 1953, energy rating E. Located on rua Almeida Garrett, Alhandra, São João dos Montes e Calhandriz parish, Vila Franca de Xira municipality, Lisbon district. The apartment features an enclosed balcony sunroom, providing versatile additional living space with open views of the urban landscape, enhancing both comfort and appeal.
The valuation. The asking price of €200,000 is €16,205 or 8.1% higher than the fair value of €183,795, indicating that this property is overpriced. Buy-to-flip angle. A resale strategy could aim at renovating the apartment to enhance its appeal, targeting a selling price of around €220,000 after improvements. Buy-to-let angle. With an estimated gross yield of 5%, rental income of approximately €833 per month makes it suitable for long-term rental in a quiet area.
Fair value modelled at €183,795 from the area baseline, adjusted for condition and location. Asking €200,000 sits €16,205 (8.1%) above — overpriced versus fair value.
Asking €200,000 versus the rua Almeida Garrett area baseline of €182,410 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 72 · Materials 75 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 65 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Almeida Garrett
Area baseline €182,410 + condition -€6,641 + location +€8,026 = modelled fair value of €183,795 (€2,162/m²), a €16,205 (8.1%) gap versus the €200,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Almeida Garrett | Subject | €200,000 | €2,353 | — | 72 | 61 |
| Alhandra, São João dos Montes e Calhandriz · 6d534c | Active | €243,000 | €2,761 | 17.4% | 65 | 61 |
| rua Almeida Garrett | Active | €275,000 | €2,570 | 9.2% | 70 | 68 |
| Vila Franca de Xira · 4a7f9a | Active | €300,000 | €2,521 | 7.1% | 65 | 45 |
| Alhandra, São João dos Montes e Calhandriz · 023a3b | Active | €249,500 | €4,990 | 112.1% | 75 | 65 |
| Median comp | €262,250 | €2,666 | 13.3% | 68 | 63 |
Long-term rental The property is overpriced at €200,000, exceeding its fair value of €183,795 by 8.1%, which raises concerns about its long-term profitability. Despite a gross yield of 5%, the elevated purchase price may deter potential tenants from committing to a lease. Family rental While the property is situated in a relatively quiet suburban environment that appeals to families, its price point of €200,000 is above the fair valuation of €183,795 by 8.1%. This premium may limit the pool of families looking for affordable rental options in the area. Buy-and-hold Holding this property for the long term is questionable, as it is currently overpriced at €200,000 compared to its fair value of €183,795, leading to an 8.1% gap. Investors may face challenges in generating sufficient returns given the modest 5% gross yield coupled with the high entry cost.
Economic Risk The economic stability score of 55/100 indicates potential vulnerabilities in local economic conditions that may affect property value and tenant demand.
