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 86 m², built in 1967, energy rating D. Located on rua Cândido dos Reis, 40 2º, Mina de Água parish, Amadora municipality, Lisbon district. Noteworthy Features: This apartment features a lifetime lease agreement with a stable rent, providing a long-term investment opportunity and tenant security in a central location.
The valuation. The asking price of €179,000 exceeds the fair value of €107,797 by €71,203, which represents 39.8%. This property is considered overpriced based on its current valuation.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cândido dos Reis, 40 2º | Subject | €179,000 | €2,081 | — | — | 73 |
| praceta Abel Salazar | Active | €374,000 | €2,510 | 20.6% | 65 | 72 |
| Venteira · ba3aad | Active | €280,000 | €2,947 | 41.6% | 58 | 76 |
| Mina de Água · 38c306 | Active | €185,000 | €2,342 | 12.5% | — | 73 |
| avenida Santos Mattos | Active | €280,000 | €2,857 | 37.3% | 60 | 80 |
| Median comp | €280,000 | €2,684 | 28.9% | 60 | 75 |
Long-term rental The property in Mina de Água presents a gross yield of 7.9%, indicating some potential for income generation despite its overpriced status. However, given that the fair value is significantly lower at €107,797, investors should be cautious, as the market's overheated conditions may limit future appreciation. Family rental While the apartment is located in a safe suburban environment with a neighborhood rating of 73/100, its current listing price of €179,000 stands 39.8% above fair value. This disparity suggests that, despite the neighborhood’s qualities, the investment may not provide the value needed for families looking for long-term stability. Buy-and-hold The proximity to Lisbon adds a layer of demand, yet investing in this property at an asking price that exceeds its fair value by a considerable margin may pose risks for long-term investors. The array of challenges posed by its condition rating of 0/100 further complicates the buy-and-hold appeal, as significant investment may be required to render it livable. Not ideal for: Short-term vacation rental, Student housing Given the apartment’s current valuation, it is unlikely to generate the necessary profits to justify investment in short-term vacation rental or student housing models. Both strategies require a property to be valued attractively relative to the anticipated rental income, which this listing does not meet.
Tenant turnover risk With a tenant stability score of 65/100, there is a heightened risk of turnover, potentially increasing vacancy rates and impacting consistent rental income.
