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 on the 1st floor, 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 boasts a recently renovated kitchen with high-end appliances and a modern open-plan dining area that maximizes natural light throughout the space.
The valuation. The asking price of €295,000 is significantly above the fair value of €206,051, indicating it is overpriced by €88,949 (43.2%). This suggests potential investment risks if acquisition occurs at this inflated price.
Fair value modelled at €206,051 from 6 comparable sales in the area. Asking €295,000 sits €88,949 (43.2%) above — overpriced versus fair value.
Asking €295,000 versus the rua Vasco da Gama, 32 area baseline of €184,292 (€3,761/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €184,292, adjusted for condition and micro-location, gives a modelled fair value of €206,051 (€4,205/m²), a €88,949 (43.2%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vasco da Gama, 32 | Subject | €295,000 | €6,020 | — | 78 | 65 |
| rua Faustino dos Reis Sousa, 6 | Active | €225,000 | €4,327 | 28.1% | 76 | 55 |
| avenida Afonso de Albuquerque | Active | €218,000 | €4,360 | 27.6% | 75 | 60 |
| Alverca do Ribatejo e Sobralinho · fb28fe | Active | €269,500 | €4,083 | 32.2% | 78 | 72 |
| Vila Franca de Xira · 99f4fc | Active | €214,900 | €3,582 | 40.5% | 75 | 47 |
| Median comp | €221,500 | €4,205 | 30.2% | 76 | 58 |
Long-term rental The property’s 3.1% gross yield suggests that it may not be able to generate sufficient rental income to justify its overpriced status compared to the fair value of €206,051. The suburban location, while commutable to Lisbon, does not compensate for the significant gap of 43.2% from fair value, making it less favorable for long-term investment. Family rental Despite its proximity to Lisbon, the combination of an overpriced listing at €295,000 and a fairly average neighborhood rating of 65/100 undermines its appeal as a family rental. The potential tenant quality and suburban characteristics may not offset the high price relative to its fair value of €206,051. Buy-and-hold Holding this property as a long-term investment appears unfavorable due to its current listing being 43.2% above the fair value of €206,051. The mediocre gross yield of 3.1% paired with a condition rating of 83/100 suggests that future appreciation may not sufficiently mitigate the overpriced status of the asset.
Tenant turnover risk The combined economic and tenant stability scores of 65/100 indicate a potential for higher tenant turnover, which could lead to increased vacancy rates and reduced rental income.
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