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 65 m², built in 1974, energy rating D. Located on rua Doutor José Saraiva, Olivais parish, Lisbon municipality, Lisbon district. Impressive transport connectivity: Just an 8-minute walk from Encarnação Metro station, offering quick access to key locations like the city center and Lisbon Airport.
The valuation. The asking price of €341,900 is €54,764 (16.0%) above the fair value of €287,136, making this property overpriced. Buyers should be cautious and consider negotiating based on current market conditions. Buy-to-flip angle. Given the high-quality materials and modern finishes, a savvy investor could target a resale price of approximately €365,000 after minor aesthetic improvements, allowing for potential profit. Buy-to-let angle. With an estimated gross yield of 4%, potential rental income of ~€1,140/month presents a steady cash flow opportunity for long-term investors in Lisbon's suburban market.
Fair value modelled at €287,136 from the area baseline, adjusted for condition and location. Asking €341,900 sits €54,764 (16.0%) above — overpriced versus fair value.
Asking €341,900 versus the rua Doutor José Saraiva area baseline of €288,730 (€4,442/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 70 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor José Saraiva
Area baseline €288,730 + condition +€7,617 + location +€23,549 = modelled fair value of €287,136 (€4,417/m²), a €54,764 (16.0%) gap versus the €341,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor José Saraiva | Subject | €341,900 | €5,260 | — | 80 | 73 |
| rua José Manuel Cerqueira Afonso dos Santos | Active | €350,000 | €2,917 | 44.6% | 88 | 83 |
| Sacavém e Prior Velho · f3669a | Active | €635,000 | €3,175 | 39.6% | 77 | 70 |
| rua Cidade de Benguela S / N | Active | €399,000 | €5,320 | 1.1% | 68 | 73 |
| Camarate, Unhos e Apelação · 25f8c7 | Active | €305,000 | €3,020 | 42.6% | 72 | 82 |
| Median comp | €374,500 | €3,098 | 41.1% | 75 | 78 |
Long-term rental A long-term rental strategy may struggle with this property due to its current pricing, which is 16.0% above fair value. Although the gross yield of 4% is reasonable, the higher purchase price diminishes potential returns for a sustainable rental model. Family rental Despite being positioned in a suburban Lisbon area with good infrastructure, this property is overpriced relative to its fair value. Potential family renters may seek better value alternatives, impacting demand for this specific apartment. Buy-and-hold While real estate typically appreciates over time, the current asking price of this apartment at €341,900 appears unjustified, as it is 16.0% above the fair value. This discrepancy suggests a lower likelihood of meaningful long-term gains, making it less attractive for a buy-and-hold strategy in the current market. Not ideal for short-term vacation rental The pricing of this property does not align with the dynamics of a successful short-term vacation rental market, given that it is overpriced at €341,900. This could lead to lower occupancy rates and diminished returns in a competitive short-term rental environment. Not ideal for student housing As this apartment is currently overpriced by 16.0%, it may deter students who generally seek affordable accommodation options. The financial mismatch could hinder the ability to attract a steady stream of student tenants in the area.
Tenant turnover risk A tenant stability score of 70/100 suggests a potential for higher turnover rates, which could lead to increased vacancy periods and associated costs.
