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.
3-bedroom, 1-bathroom apartment of 65 m² on the 1st floor, built in 1977. Located on rua Cidade de Benguela, 296, Olivais parish, Lisbon municipality, Lisbon district. This property features modern finishes and quality appliances in the kitchen, along with excellent access to public transportation and nearby amenities for a convenient lifestyle.
The valuation. The asking price of €310,000 is slightly below the fair value of €311,370, making it a reasonable choice for potential buyers seeking a property that aligns with current market standards. Buy-to-flip angle. With minimal improvements needed due to its decent condition score of 75/100, resale strategies could yield a profit through targeted upgrades before a quick sale, potentially appealing to families within the competitive Lisbon market. Buy-to-let angle. The estimated monthly rental income of €1,008 produces a gross yield of 3.9%, making this property an attractive option for long-term rentals, especially given the suburban safety and amenities typical of the Olivais area.
Fair value modelled at €311,370 from 6 comparable sales in the area. Asking €310,000 sits €1,370 (0.4%) below — the upside to fair value.
Asking €310,000 versus the rua Cidade de Benguela, 296 area baseline of €251,919 (€3,876/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €251,919, adjusted for condition and micro-location, gives a modelled fair value of €311,370 (€4,790/m²), a €1,370 (0.4%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Benguela, 296 | Subject | €310,000 | €4,769 | — | 78 | 78 |
| Olivais · ade5e5 | Active | €395,000 | €5,563 | 16.7% | 80 | 79 |
| rua Almirante Reis | Active | €279,000 | €3,135 | 34.3% | 73 | 75 |
| Olivais · f14bcd | Active | €340,000 | €4,658 | 2.3% | 70 | 79 |
| rua Francisco Mantero, 6 | Active | €375,000 | €5,515 | 15.6% | 75 | 73 |
| Median comp | €357,500 | €5,087 | 6.7% | 74 | 77 |
Long-term rental The property in Olivais is situated in a neighborhood with a decent safety rating of 78/100, which attracts stable, long-term tenants. With a gross yield of 3.9%, this investment offers a steady income that aligns with the fair value assessment of €311,370. Family rental Given the apartment's adequate condition rating of 75/100 and its family-friendly features, it is well-positioned to appeal to families looking for quality housing in Lisbon's suburbs. However, the property remains fairly priced at €310,000, limiting significant upside potential in comparison to the fair value of €311,370. Buy-and-hold Investing in this 3-bed apartment could provide consistent returns over time while benefiting from Lisbon's evolving property market dynamics. The property’s valuation suggests it is fairly priced at €310,000, aligning with the estimated fair value and indicating limited scope for appreciation in the immediate term.
Tenant turnover risk With a tenant stability score of 75/100, there is a heightened risk of turnover that could lead to increased vacancy periods and associated costs of up to 10-20% of annual rental income during transitions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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