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, 2-bathroom apartment of 200 m² on the 1st floor, built in 1980, energy rating E. Located on rua São Martinho, Pontinha e Famões parish, Odivelas municipality, Lisbon district. This apartment features two balconies that enhance natural light and outdoor space, along with a wood-burning oven, providing a unique family-oriented charm rarely found in urban settings.
The valuation. The asking price of €345,000 represents a significant discount of €207,769 (37.6%) compared to the fair value of €552,769, indicating the property is effectively underpriced. Buy-to-flip angle. A buy-to-flip strategy could focus on minor renovations, particularly in the kitchen and bathrooms, enhancing aesthetic appeal to target a resale price significantly higher than the current asking price. Buy-to-let angle. With an estimated gross yield of 7.1%, the rental income strategy aims to leverage the €2,041/month potential, appealing to families seeking long-term housing in a well-connected area of Greater Lisbon.
Fair value modelled at €552,769 from 6 comparable sales in the area. Asking €345,000 sits €207,769 (37.6%) below — the upside to fair value.
Asking €345,000 versus the rua São Martinho area baseline of €522,135 (€2,611/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €522,135, adjusted for condition and micro-location, gives a modelled fair value of €552,769 (€2,764/m²), a €207,769 (37.6%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua São Martinho | Subject | €345,000 | €1,725 | — | 66 | 74 |
| rua da Cruz, 10C | Active | €270,000 | €2,596 | 50.5% | 68 | 72 |
| rua Alfredo Ruas, 40 | Active | €460,000 | €2,857 | 65.6% | 74 | 74 |
| Mina de Água · f5ebe9 | Active | €295,000 | €3,242 | 87.9% | 73 | 73 |
| rua Irene Lisboa, 12 | Active | €315,000 | €1,599 | 7.3% | 68 | 74 |
| Median comp | €305,000 | €2,727 | 58.1% | 71 | 74 |
Long-term rental The property in Pontinha e Famões presents a promising opportunity for long-term rental, with a compelling gross yield of 7.1%. Its proximity to the Lisbon employment hub enhances tenant demand, making it an attractive investment for steady cash flow. Family rental With its spacious 200m² layout and favorable neighborhood rating of 74/100, this apartment is well-suited for families seeking comfortable living near Lisbon. The property’s condition rating of 65/100 indicates that it requires some improvements, but the substantial gap from fair value suggests potential for appreciation in a family-oriented market. Buy-and-hold Investors pursuing a buy-and-hold strategy will benefit from the significant valuation gap of 37.6% against the fair value of €552,769, indicating growth potential in the long term. The location's accessibility to Lisbon amenities and employment opportunities should support continued rental demand and property appreciation. Not ideal for short-term vacation rental Given the local neighborhood dynamics and property characteristics, this 3-bed apartment does not align with the short-term vacation rental model. The demand for such rentals in the area may not be sufficient to justify the associated expenses and management efforts. Not ideal for luxury market The property does not cater to the luxury market, as evidenced by its condition rating and overall fair value assessment. Luxury investments typically demand higher quality finishes and features that this apartment lacks. Not ideal for student housing The characteristics of this property, along with the surrounding area’s tenant quality, do not support a strong market for student housing. The lack of close proximity to major educational institutions makes this investment strategy less viable.
Tenant turnover risk Higher tenant turnover may occur due to the 70/100 tenant stability score, potentially leading to increased vacancy rates and higher costs associated with leasing the property again.
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