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 91 m², built in 1990, energy rating E. Located on praceta General Norton de Matos, 5, Póvoa de Santa Iria e Forte da Casa parish, Vila Franca de Xira municipality, Lisbon district. Noteworthy Features: This high ground floor apartment includes a 7 m² storage room and is ideally located within walking distance to essential shops and Póvoa de Santa Iria train station.
The valuation. The asking price of €270,000 sits €69,617 (25.8%) above the fair value of €200,383, indicating that the property is overpriced. Buy-to-flip angle. The resale strategy could focus on modernizing the dated kitchen and bathroom fixtures to enhance appeal, aiming for a quick flip to capitalize on a potentially higher price. Buy-to-let angle. With an estimated gross yield of 4%, the rental income strategy involves targeting family rentals in this Greater Lisbon suburb, benefiting from good transport links and a low crime rate for stable returns.
Fair value modelled at €200,383 from the area baseline, adjusted for condition and location. Asking €270,000 sits €69,617 (25.8%) above — overpriced versus fair value.
Asking €270,000 versus the praceta General Norton de Matos, 5 area baseline of €195,286 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 68 · Materials 62 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 75 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
praceta General Norton de Matos, 5
Area baseline €195,286 + condition -€13,650 + location +€18,747 = modelled fair value of €200,383 (€2,202/m²), a €69,617 (25.8%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta General Norton de Matos, 5 | Subject | €270,000 | €2,967 | — | 68 | 74 |
| Póvoa de Santa Iria e Forte da Casa · 49b80c | Active | €270,000 | €3,214 | 8.3% | 70 | 75 |
| rua Eça de Queiroz, 13 | Active | €280,000 | €2,887 | 2.7% | 60 | 74 |
| Vialonga · 261f55 | Active | €272,000 | €3,317 | 11.8% | — | 76 |
| rua Alves Redol, 3 | Active | €249,000 | €3,411 | 15.0% | 68 | 71 |
| Median comp | €271,000 | €3,266 | 10.1% | 68 | 75 |
Long-term rental The property in Póvoa de Santa Iria e Forte da Casa is overpriced by 25.8%, with a fair value of €200,383 against a listing price of €270,000. Given the 4% gross yield and moderate condition score of 65/100, the long-term rental strategy may yield limited returns due to the inflated purchase price. Family rental While Póvoa de Santa Iria e Forte da Casa offers a family-friendly suburban environment with good transport links and low crime rates, the apartment's 25.8% premium above its fair value makes it a less attractive option for family rentals. The solid neighbourhood rating of 74/100 may support a reasonable tenant pool, but the high entry price could hinder profitability. Buy-and-hold Investing in this apartment as a buy-and-hold strategy may pose significant risks, considering its current price exceeds its fair value by 25.8%. Although the location benefits from strong suburban characteristics, the overpriced nature of this asset suggests that long-term appreciation may not compensate for the initial investment cost.
Economic Sensitivity Risk With an economic stability score of 75, any downturn in the local market could negatively impact rental income and property value significantly.
