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.
1-bedroom, 1-bathroom apartment of 60 m² on the 3rd floor, built in 1950, energy rating D. Located on rua Correia Teles, 91, Campo de Ourique parish, Lisbon municipality, Lisbon district. Unique Feature: This apartment showcases a harmonious blend of modern amenities and vintage charm, highlighted by original wooden flooring and abundant natural light from multiple skylights. Location Perk: Situated just steps from Praça da Alegria, offering a vibrant local atmosphere.
The valuation. The asking price of €450,000 is substantially above the fair value of €374,099, representing an overvaluation of €75,901 (20.3%). This investment is viewed as overpriced considering current market conditions.
Fair value modelled at €374,099 from 6 comparable sales in the area. Asking €450,000 sits €75,901 (20.3%) above — overpriced versus fair value.
Asking €450,000 versus the rua Correia Teles, 91 area baseline of €378,862 (€6,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 is below the parish average, reducing 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 €378,862, adjusted for condition and micro-location, gives a modelled fair value of €374,099 (€6,235/m²), a €75,901 (20.3%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Correia Teles, 91 | Subject | €450,000 | €7,500 | — | 70 | 83 |
| travessa da Espera | Active | €225,000 | €4,688 | 37.5% | 74 | 85 |
| Misericórdia · 622a86 | Active | €270,000 | €6,923 | 7.7% | 72 | 91 |
| rua Freitas Gazul | Active | €265,000 | €7,571 | 1.0% | 72 | 78 |
| Avenidas Novas · ba57c5 | Active | €355,000 | €5,547 | 26.0% | 75 | 86 |
| Median comp | €267,500 | €6,235 | 16.9% | 73 | 86 |
Long-term rental The one-bedroom apartment in Campo de Ourique, listed at €450,000, presents a valuation gap of 20.3% compared to its fair value of €374,099, indicating it is overpriced. With a gross yield of only 3%, this investment would struggle to generate satisfactory returns in the long-term rental market. Family rental While the apartment's location in a well-rated neighbourhood (83/100) and its decent condition (72/100) may appeal to families, the substantial gap from fair value suggests an inflated price tag. Consequently, potential rental income may not justify the high initial investment, making it less attractive for family-oriented tenants. Buy-and-hold Given the significant overpricing of this property, investing for long-term appreciation would be risky, especially with the current gap of 20.3% from fair value. In a well-connected urban area, market dynamics may change, but the initial premium could hinder effective asset growth over time.
Tenant turnover risk: With a tenant stability score of 75/100, there is a potential risk of increased tenant turnover, which may lead to higher vacancy rates and associated costs over time.
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