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 apartment of 93 m² on the 2nd floor, built in 2018, energy rating A. Located on urbanização Casal do Covão, Loures parish, Loures municipality, Lisbon district. The property features a multipurpose attic storage room with a balcony, enhancing functionality and offering additional outdoor space for relaxation or hobbies.
The valuation. The asking price of €420,000 sits €49,528 (13.4%) above the fair value of €370,472, indicating that this property is overpriced. This discrepancy suggests cautious consideration for potential buyers seeking a sound investment.
Fair value modelled at €370,472 from 6 comparable sales in the area. Asking €420,000 sits €49,528 (13.4%) above — overpriced versus fair value.
Asking €420,000 versus the urbanização Casal do Covão area baseline of €363,540 (€3,909/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €363,540, adjusted for condition and micro-location, gives a modelled fair value of €370,472 (€3,984/m²), a €49,528 (13.4%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Casal do Covão | Subject | €420,000 | €4,516 | — | 75 | 73 |
| rua José Leiria Fernandes | Active | €658,000 | €4,012 | 11.2% | 75 | 71 |
| Loures · 956ef3 | Active | €535,000 | €4,053 | 10.3% | 75 | 79 |
| Loures · 6a954e | Active | €359,900 | €3,955 | 12.4% | 70 | 66 |
| rua Capitão Oliveira Matta, 1 | Active | €359,000 | €3,819 | 15.4% | 78 | 74 |
| Median comp | €447,450 | €3,984 | 11.8% | 75 | 73 |
Family rental The property in Loures is better suited for long-term family rentals due to its suburban setting and family-friendly amenities; however, at a listing price of €420,000, it is overpriced compared to its fair value of €370,472. This 13.4% gap diminishes its attractiveness to families seeking affordable housing, reducing the likelihood of securing quality tenants. Long-term rental With a gross yield of only 2.3%, the 2-bed apartment in Loures does not provide a compelling investment opportunity for long-term rental investors, especially considering its €420,000 price tag is well above the fair market value. The combination of being overpriced and having a moderate condition rating of 78/100 makes it less appealing in a competitive rental market. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable given its current asking price exceeds its fair value by 13.4%, thus limiting potential appreciation in the long run. Although the neighbourhood is generally safe with decent amenities, the overall value proposition is weakened by its overpriced nature and low yield of 2.3%.
Tenant turnover risk The tenant stability score of 65/100 indicates a moderate risk of high tenant turnover, which could result in increased vacancy rates and costs associated with finding new tenants.
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