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, 2-bathroom apartment of 74 m², energy rating D. Located on rua José Vitorino Damásio, 1, Ramada e Caneças parish, Odivelas municipality, Lisbon district. Unique Feature: The apartment boasts a private parking space and double glazing, enhancing both convenience and energy efficiency in a well-lit living area.
The valuation. The asking price of €355,000 is significantly above the fair value of €236,215, indicating an overvaluation by €118,785 (33.5%). This discrepancy suggests potential buyers may want to consider alternative options.
Fair value modelled at €236,215 from the area baseline, adjusted for condition and location. Asking €355,000 sits €118,785 (33.5%) above — overpriced versus fair value.
Asking €355,000 versus the rua José Vitorino Damásio, 1 area baseline of €271,654 (€3,671/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 71 · Materials 76 · Room dimensions 78). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 77/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua José Vitorino Damásio, 1
Area baseline €271,654 + condition -€578 + location +€23,081 = modelled fair value of €236,215 (€3,192/m²), a €118,785 (33.5%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Vitorino Damásio, 1 | Subject | €355,000 | €4,797 | — | 71 | 77 |
| praça António Nobre, 6 | Active | €325,000 | €3,652 | 23.9% | 74 | 74 |
| Santo António dos Cavaleiros e Frielas · 262155 | Active | €365,000 | €3,724 | 22.4% | 78 | 74 |
| rua Agostinho da Silva, 2 | Active | €275,000 | €3,873 | 19.3% | 75 | 76 |
| parque Residencial do Almirante | Active | €460,000 | €4,423 | 7.8% | — | 72 |
| Median comp | €345,000 | €3,799 | 20.8% | 75 | 74 |
Long-term rental The property's current listing of €355,000 results in a gross yield of only 3.3%, which does not justify the investment given the fair value assessed at €236,215. As a result, this apartment is not well-suited for long-term rental strategies due to its overpriced status. Family rental With its favorable neighborhood score of 77/100, the property may attract families; however, the gap of 33.5% from fair value indicates it is not a financially sound choice for family rentals. Ultimately, the higher price point could deter potential tenants seeking affordable options. Buy-and-hold While the proximity to Lisbon provides some economic benefits, the property's significant overvaluation at €355,000 raises concerns about potential appreciation in the buy-and-hold strategy. Investors should be cautious as the market conditions do not support a sound long-term holding perspective given the current pricing. Not ideal for The apartment is not suitable for the luxury market, as its condition rated only 75/100 and the high listing price do not align with luxury investor expectations. Similarly, the property is ill-fitted for short-term rentals or student housing due to its overpriced nature, limiting flexibility in attracting diverse tenants.
Potential Rent Fluctuation The combined scores of 75/100 in both economic and tenant stability indicate that there may be variability in rental income due to changing market conditions or tenant turnover risks.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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