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 118 m² on the 8th floor, built in 2005, energy rating B. Located on praça de Portugal, 3, Odivelas parish, Odivelas municipality, Lisbon district. Noteworthy features: The apartment boasts two large glass-enclosed balconies that seamlessly extend from the living room, enhancing both the aesthetic and functional living space for entertaining. Condition: Exceptionally maintained with high-quality finishes throughout, highlighting its recent 2025 renovation.
The valuation. The asking price of €575,000 sits slightly above the fair value of €566,292, with a difference of €8,708 (1.5%). Verdict: fair. Buy-to-flip angle. With a focus on upscale apartments, a resale strategy leveraging contemporary finishes and high-quality materials could yield significant profit, targeting investors looking for modern features. Buy-to-let angle. A gross yield of 3.7% offers an estimated rental income of €1,773 per month, making it an attractive option for long-term tenants seeking quality living near Lisbon's metro infrastructure.
Fair value modelled at €566,292 from 6 comparable sales in the area. Asking €575,000 sits €8,708 (1.5%) above — overpriced versus fair value.
Asking €575,000 versus the praça de Portugal, 3 area baseline of €480,306 (€4,070/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €480,306, adjusted for condition and micro-location, gives a modelled fair value of €566,292 (€4,799/m²), a €8,708 (1.5%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça de Portugal, 3 | Subject | €575,000 | €4,873 | — | 78 | 75 |
| Odivelas · 8ee540 | Active | €575,000 | €5,476 | 12.4% | 78 | 75 |
| Lumiar · 4b9910 | Active | €548,500 | €4,897 | 0.5% | 73 | 78 |
| rua Frederico de Brito, 7 | Active | €520,000 | €4,333 | 11.1% | 72 | 81 |
| Carnide · 65a778 | Active | €790,000 | €16,122 | 230.9% | 82 | 76 |
| Median comp | €561,750 | €5,187 | 6.4% | 76 | 77 |
Long-term rental Given its fair valuation and a gross yield of 3.7%, this property presents a reasonable option for long-term rental investors seeking stability. The apartment's proximity to Lisbon's metro infrastructure enhances its appeal to potential tenants, while the neighborhood's amenities support steady rental demand. Family rental With its ample space of 118m² and solid neighborhood ratings, this apartment is well-suited for family rentals. The condition score of 81/100 indicates a well-maintained property, suitable for families looking for comfortable living near educational facilities and parks. Buy-and-hold This property can serve as a decent buy-and-hold investment due to its fair market value and stable rental yield of 3.7%. Investors can anticipate moderate appreciation in value over time, supported by its location and the steady demand for family living in suburban areas near Lisbon.
Increased Economic Vulnerability The property faces a risk due to its economic stability score of 80/100, suggesting potential fluctuations in economic conditions that may impact tenant demand more severely given the tenant stability score of 70/100.
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