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, 2-bathroom house of 62 m². Located Alhandra, São João dos Montes e Calhandriz parish, Vila Franca de Xira municipality, Lisbon district. This property features a newly converted attic with its own bathroom and spacious built-in closets, maximizing potential living space and functionality.
The valuation. The asking price of €230,000 sits significantly above fair value, which is assessed at €178,485, indicating a premium of €51,515 (28.9%). Verdict: overpriced. Buy-to-flip angle. A potential buy-and-flip strategy may face challenges, as resale might not yield a significant return due to the inflated asking price in relation to market fundamentals. Buy-to-let angle. With an estimated gross yield of 4.6% (~€882/month), the property could provide a steady rental income; however, the elevated acquisition cost may limit profitability in the long term.
Fair value modelled at €178,485 from 6 comparable sales in the area. Asking €230,000 sits €51,515 (28.9%) above — overpriced versus fair value.
Asking €230,000 versus the Alhandra, São João dos Montes e Calhandriz, Vila Franca de Xira, Lisbon area baseline of €180,724 (€2,915/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €180,724, adjusted for condition and micro-location, gives a modelled fair value of €178,485 (€2,879/m²), a €51,515 (28.9%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alhandra, São João dos Montes e Calhandriz · 622acd | Subject | €230,000 | €3,710 | — | 80 | 63 |
| Alhandra, São João dos Montes e Calhandriz · 261ec7 | Active | €340,000 | €5,075 | 36.8% | — | 61 |
| rua da Figueira | Active | €190,000 | €2,879 | 22.4% | — | 64 |
| estrada da Subserra, 38N | Active | €695,000 | €2,465 | 33.6% | 73 | 76 |
| Vila Franca de Xira · 82c85d | Active | €475,000 | €2,295 | 38.1% | 65 | 63 |
| Median comp | €407,500 | €2,672 | 28.0% | 69 | 64 |
Long-term rental The property is overpriced at €230,000, significantly above the fair value of €178,485, representing a gap of 28.9%. With a gross yield of 4.6%, the return on investment does not justify the elevated purchase price. Family rental Given its condition rating of 79/100 and a neighbourhood score of 63/100, the property does not offer compelling family rental potential despite being situated in a suburban area with decent amenities. The current listing price is substantially higher than its fair value, leading to concerns about profitability for tenants. Buy-and-hold The buy-and-hold strategy for this property is hindered by its overpriced status, as evidenced by the substantial 28.9% gap from fair value. The mediocre neighbourhood quality and average school ratings further challenge long-term appreciation and rental stability. Not ideal for luxury market This property does not cater to the luxury market due to its average condition and suburban setting. The elevated price does not reflect the qualities necessary to attract high-end buyers. Not ideal for short-term vacation rental The property’s suburban location and limited amenities make it unsuitable for a short-term vacation rental strategy. Given its overpriced valuation, potential investors should be cautious about the feasibility of generating significant returns in this segment.
Tenant retention risk The combination of a tenant stability score of 60/100 indicates a higher probability of tenant turnover, which could lead to increased vacancy rates and costs associated with re-letting the property.
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