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 74 m² on the 2nd floor, built in 1966, energy rating C. Located on rua Heróis do Ultramar, 8, Odivelas parish, Odivelas municipality, Lisbon district. Noteworthy Features: The apartment includes two integrated closed balconies that enhance usability, and the functional layout ensures optimal space for modern living while maximizing natural light. Location: Central Odivelas, near amenities. Condition: Excellent. Valuation Verdict: Fair.
The valuation. The asking price of €299,900 sits slightly below the fair value of €307,018, representing a difference of €7,118 (2.3%). This indicates the property is fairly priced in the current market.
Fair value modelled at €307,018 from 6 comparable sales in the area. Asking €299,900 sits €7,118 (2.3%) below — the upside to fair value.
Asking €299,900 versus the rua Heróis do Ultramar, 8 area baseline of €247,591 (€3,346/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €247,591, adjusted for condition and micro-location, gives a modelled fair value of €307,018 (€4,149/m²), a €7,118 (2.3%) gap versus the €299,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Heróis do Ultramar, 8 | Subject | €299,900 | €4,053 | — | 75 | 74 |
| rua Guerra Junqueiro | Active | €325,000 | €4,063 | 0.2% | 76 | 68 |
| rua Heróis do Ultramar | Active | €270,000 | €4,576 | 12.9% | 73 | 77 |
| Odivelas · 653070 | Active | €345,000 | €3,632 | 10.4% | 75 | 68 |
| rua Alexandre Ferreira, 53 | Active | €390,000 | €6,290 | 55.2% | 68 | 73 |
| Median comp | €335,000 | €4,320 | 6.6% | 74 | 71 |
Long-term rental The property offers a gross yield of 3.8%, which aligns well with the suburban Lisbon rental market, making it a viable option for long-term tenants. However, its fair value indicates that investors should proceed with caution, as the property is priced at a slight premium. Buy-and-hold The apartment's condition score of 76/100 suggests that it is well-maintained, contributing positively to its potential for price appreciation over time. Given the fair valuation, holding this property for future gains might be a prudent strategy in this family-oriented neighborhood. Family rental Located in a family-centric area with good schools and parks, this property is well-suited for families seeking long-term accommodation. Despite the fair pricing, the rental yield indicates moderate returns, and investors may face challenges if the market shifts. Not ideal for Luxury market This property, with its features and location, does not align with the luxury market's expectations and is unlikely to attract high-end buyers or renters. Not ideal for Short-term rental The neighborhood's family-oriented nature and the property’s profile do not lend themselves to short-term rentals, which typically require a different demographic appeal. Not ideal for Student housing With a lack of proximity to major universities and a suburban setting, this apartment is not suited for the student rental market, which usually demands more urban locations.
Economic Vulnerability The combination of a 75/100 economic stability score and a 70/100 tenant stability score suggests potential susceptibility to fluctuations in economic conditions, which may affect tenant retention and rental income stability.
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