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 138 m², built in 2009, energy rating B. Located on rua de São Miguel, Milharado parish, Mafra municipality, Lisbon district. This property features a generously sized terrace ideal for outdoor dining and entertaining, complemented by a modern kitchen that enhances convenience and functionality.
The valuation. The asking price of €410,000 is significantly above the fair value of €286,839, indicating an overpriced property by €123,161 (30.0%). This valuation suggests that the current listing does not reflect the actual market value. Buy-to-flip angle. As a buy-to-flip investment, potential resale profits are limited due to the high acquisition cost; any profit margins would require extensive renovations and market appreciation, making quick flips unfeasible. Buy-to-let angle. The lack of rental income opportunity, with a projected gross yield of 0%, highlights the absence of demand in the current neighbourhood, making long-term rental strategies less attractive for cash flow generation.
Fair value modelled at €286,839 from the area baseline, adjusted for condition and location. Asking €410,000 sits €123,161 (30.0%) above — overpriced versus fair value.
Asking €410,000 versus the rua de São Miguel area baseline of €360,318 (€2,611/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 56/100 (Housing Market 60 · Amenities 55 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua de São Miguel
Area baseline €360,318 + condition +€6,900 + location +€6,561 = modelled fair value of €286,839 (€2,079/m²), a €123,161 (30.0%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de São Miguel | Subject | €410,000 | €2,971 | — | 75 | 56 |
| rua José Poman, 5 | Active | €460,000 | €3,566 | 20.0% | 72 | 71 |
| Milharado · ba39e5 | Active | €449,900 | €2,173 | 26.8% | 65 | 71 |
| alameda das Figueiras | Active | €440,000 | €6,769 | 127.8% | 75 | 65 |
| Venda do Pinheiro e Santo Estêvão das Galés · 4a7dd9 | Active | €500,000 | €3,704 | 24.7% | 72 | 67 |
| Median comp | €454,950 | €3,635 | 22.3% | 72 | 69 |
Long-term rental The 2-bed apartment in Milharado is not ideal for long-term rental due to its current pricing, which sits 30.0% above the fair value of €286,839. With a gross yield of 0%, it fails to present a compelling investment opportunity in this emerging but low-demand area. Family rental While the apartment offers enough space for a family, its price tag of €410,000 significantly exceeds its fair market value, creating a mismatch for potential tenants. The neighborhood's lower rating of 56/100 suggests that demand may be limited, further complicating family rental potential. Buy-and-hold Investing in this property for a buy-and-hold strategy is unadvisable due to its overpriced status compared to its fair value assessment. The combination of a 0% gross yield and a neighborhood score of 56/100 signals a lack of appreciation potential, making it a risky long-term hold.
Economic volatility risk The economic stability score of 50/100 indicates a potential for instability that may affect property values and income stability.
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