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 59 m², built in 1965, energy rating C. Located on rua Heróis do Ultramar, Odivelas parish, Odivelas municipality, Lisbon district. Notable Features: This apartment features a high ground floor location offering easy accessibility and is ideally situated next to key retail amenities, enhancing its appeal for potential renters. Condition Notes: Minimal signs of wear in kitchen and bathrooms contribute to a modern aesthetic.
The valuation. The asking price of €270,000 is significantly above the fair value of €190,177, indicating an overvaluation of €79,823 (29.6%). This property is not a viable investment given its inflated market position.
Fair value modelled at €190,177 from the area baseline, adjusted for condition and location. Asking €270,000 sits €79,823 (29.6%) above — overpriced versus fair value.
Asking €270,000 versus the rua Heróis do Ultramar area baseline of €216,766 (€3,674/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 78 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 77/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua Heróis do Ultramar
Area baseline €216,766 + condition +€1,383 + location +€18,402 = modelled fair value of €190,177 (€3,223/m²), a €79,823 (29.6%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Heróis do Ultramar | Subject | €270,000 | €4,576 | — | 73 | 77 |
| rua Alexandre Herculano, 29 | Active | €270,000 | €4,426 | 3.3% | 71 | 75 |
| estrada Salgados | Active | €290,000 | €3,537 | 22.7% | — | 82 |
| rua Guerra Junqueiro | Active | €325,000 | €4,063 | 11.2% | 76 | 68 |
| Pontinha e Famões · 6fbbf1 | Active | €289,000 | €4,188 | 8.5% | 71 | 69 |
| Median comp | €289,500 | €4,126 | 9.9% | 71 | 72 |
Long-term rental This 2-bed apartment in Odivelas, priced at €270,000, is significantly above the fair value of €190,177, representing a 29.6% overpricing. With a gross yield of 4.1% and a neighborhood rating of 77/100, potential returns may not compensate for the initial investment costs. Family rental Given its suburban location and quality rating of 77/100, a family might consider this apartment despite its overpriced nature. However, the asking price limits affordability, reducing its attractiveness in a competitive rental market. Buy-and-hold Investing in this property with its current valuation of €270,000 risks locking in capital at a price 29.6% higher than deemed fair market value. While the condition and neighborhood scores suggest some stability, the yield of 4.1% does not justify an investment at this price point, indicating limited appreciation potential.
Potential Economic Fluctuations The economic stability score of 80/100 suggests a robust economy, but any future dips could impact rental demand and tenant retention.
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