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 80 m² on the 5th floor, energy rating D. Located on estrada Serra da Mira, Mina de Água parish, Amadora municipality, Lisbon district. This apartment boasts a five-floor elevation, providing enhanced views and natural light, and features parquet flooring in the bedrooms that adds warmth and charm.
The valuation. The asking price of €299,000 is significantly below the fair value of €361,517, representing a discount of €62,517 (17.3%). This positions the property as an attractive buy for potential investors. Buy-to-flip angle. With minor renovations, particularly updating the kitchen tiles, this property could appeal to buyers aiming for a modern and functional living space. Aiming for a resale price above €361,517 would yield substantial profit. Buy-to-let angle. Given the estimated rental income of €997 per month, the gross yield stands at a solid 4%. Targeting families seeking long-term rentals may maximize tenant stability and revenue potential in this suburban area.
Fair value modelled at €361,517 from 6 comparable sales in the area. Asking €299,000 sits €62,517 (17.3%) below — the upside to fair value.
Asking €299,000 versus the estrada Serra da Mira area baseline of €323,982 (€4,050/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €323,982, adjusted for condition and micro-location, gives a modelled fair value of €361,517 (€4,519/m²), a €62,517 (17.3%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Serra da Mira | Subject | €299,000 | €3,738 | — | 68 | 67 |
| rua Pedro Franco | Active | €329,000 | €5,483 | 46.7% | 65 | 72 |
| rua Ilha do Porto Santo, 6 | Active | €295,000 | €4,758 | 27.3% | 70 | 73 |
| Mina de Água · b7c3b0 | Active | €264,000 | €4,400 | 17.7% | 70 | 80 |
| rua Santo António de Lisboa | Active | €275,000 | €3,667 | 1.9% | 72 | 72 |
| Median comp | €285,000 | €4,579 | 22.5% | 70 | 73 |
Long-term rental The property in Mina de Água presents a solid opportunity for long-term rental, with a gross yield of 4%, indicating stable income potential. Given the 17.3% gap to its fair value of €361,517, the property could appreciate in value while providing consistent rental returns. Family rental This 2-bed apartment is well-positioned for family rental, appealing to those seeking affordable housing near Lisbon. The reasonable condition rating of 70/100 suggests that minimal repairs could enhance its attractiveness to family tenants, thereby supporting steady occupancy rates. Value-add renovation With a current condition score of 70/100, there are ample opportunities for value-add renovation to increase the apartment's appeal and rental income potential. The property's fair value indicates that by investing in upgrades, one could significantly enhance the asset's worth beyond the initial investment, particularly in a suburban area with growing demand. Not ideal for short-term vacation rental Given its suburban location and moderate safety rating, this property is not suited for a short-term vacation rental strategy. The local market dynamics in Amadora would not support the price points needed to attract transient guests. Not ideal for luxury market The property does not fit the luxury market segment due to its positioning in a non-prime urban neighborhood and average amenities. Investors targeting high-end clientele would find limited potential in this offering. Not ideal for student housing While the proximity to Lisbon might suggest appeal to students, the local amenities and average neighbourhood score reflect a lack of demand for student housing. Therefore, this property would not meet the expectations of that market segment.
Economic Downturn Risk The economic stability score of 60 suggests a moderate risk of economic downturns that could negatively impact property demand and rental income stability.
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