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 49 m², built in 1988, energy rating D. Located on rua Vasco da Gama, 32, Alhandra, São João dos Montes e Calhandriz parish, Vila Franca de Xira municipality, Lisbon district. Noteworthy Features: This apartment includes a private outdoor space with a JACUZZI, and benefits from high-quality CANDY appliances in its fully equipped open space kitchen.
The valuation. The asking price of €315,000 is significantly above the fair value of €206,051, making this property overpriced by €108,949, or 52.9%. This discrepancy indicates little room for negotiation on a reasonable investment.
Fair value modelled at €206,051 from 6 comparable sales in the area. Asking €315,000 sits €108,949 (52.9%) above — overpriced versus fair value.
Asking €315,000 versus the rua Vasco da Gama, 32 area baseline of €184,556 (€3,766/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €184,556, adjusted for condition and micro-location, gives a modelled fair value of €206,051 (€4,205/m²), a €108,949 (52.9%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vasco da Gama, 32 | Subject | €315,000 | €6,429 | — | 80 | 72 |
| rua Faustino dos Reis Sousa, 6 | Active | €225,000 | €4,327 | 32.7% | 76 | 55 |
| avenida Afonso de Albuquerque | Active | €218,000 | €4,360 | 32.2% | 75 | 60 |
| Alverca do Ribatejo e Sobralinho · fb28fe | Active | €269,500 | €4,083 | 36.5% | 78 | 72 |
| Vila Franca de Xira · 99f4fc | Active | €214,900 | €3,582 | 44.3% | 75 | 47 |
| Median comp | €221,500 | €4,205 | 34.6% | 76 | 58 |
Long-term rental The property commands a gross yield of only 2.9%, which is below the threshold for attractive long-term rental investments. Given that it is priced 52.9% above its fair value of €206,051, the opportunity for a profitable return is severely limited. Family rental While the suburban location provides some appeal for families due to moderate density and amenities, the current pricing at €315,000 is excessive compared to the fair value estimate. This overpricing detracts from its attractiveness as a reliable family rental option, affecting potential cash flow. Buy-and-hold As a buy-and-hold investment, the property lacks the appeal needed due to its significant price gap of 52.9% relative to fair value. Holding onto an overpriced asset at this pricing level poses substantial risk without the promise of appreciation to justify such a cost. Not ideal for: Student housing, Luxury market
Economic Sensitivity A score of 75/100 in economic stability indicates moderate vulnerability to economic fluctuations, which could impact rental income stability and property value.**
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