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 81 m² on the 1st floor, energy rating D. Located on rua Padre Manuel da Nóbrega, Póvoa de Santo Adrião e Olival Basto parish, Odivelas municipality, Lisbon district. Notable Features: This apartment boasts closed balconies in both bedrooms and the living room, enhancing light and space while providing potential for creative redesigns. Location Advantage: Centrally located in Póvoa de Santo Adrião, it ensures excellent access to Lisbon and various amenities.
The valuation. The asking price of €290,000 is slightly below the fair value of €304,015, indicating a fair valuation with a discrepancy of €14,015 (4.6%). This suggests no immediate risk of overpricing. Buy-to-flip angle. A buy-to-flip strategy could leverage minor updates to the dated cabinetry and flooring, enhancing appeal and possibly achieving a profit margin above current market expectations. Buy-to-let angle. With an estimated rental income of €1,015 per month, the property offers a gross yield of 4.2%, making it an attractive option for long-term family rentals in a suburban setting.
Fair value modelled at €304,015 from 6 comparable sales in the area. Asking €290,000 sits €14,015 (4.6%) below — the upside to fair value.
Asking €290,000 versus the rua Padre Manuel da Nóbrega area baseline of €267,677 (€3,305/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €267,677, adjusted for condition and micro-location, gives a modelled fair value of €304,015 (€3,753/m²), a €14,015 (4.6%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre Manuel da Nóbrega | Subject | €290,000 | €3,580 | — | 65 | 70 |
| Odivelas · f36062 | Active | €279,000 | €3,822 | 6.8% | 70 | 73 |
| Odivelas · 25f641 | Active | €279,000 | €3,822 | 6.8% | 70 | 72 |
| Odivelas · 225ad6 | Active | €271,900 | €3,776 | 5.5% | 70 | 70 |
| Camarate, Unhos e Apelação · 8751a3 | Active | €235,000 | €3,730 | 4.2% | 60 | 72 |
| Median comp | €275,450 | €3,799 | 6.1% | 70 | 72 |
Long-term rental The property in Póvoa de Santo Adrião e Olival Basto is positioned well for a long-term rental given its gross yield of 4.2%, which aligns with the suburban market's expectations. With its fair value close to the listing price and a decent neighborhood score of 70/100, it provides a stable option for sustainable income. Family rental This apartment is suitable for families due to its suburban location and access to amenities, making the property appealing for longer-term residents. With a fair valuation and a reasonable condition score of 63/100, families looking for a larger living space will find this property adequately priced for their needs. Buy-and-hold Investing in this apartment as a buy-and-hold strategy makes sense given the fair valuation that indicates no immediate appreciation gap. The property offers consistent rental demand due to its good connectivity to central Lisbon and typical suburban characteristics, making it a viable long-term investment. Not ideal for short-term vacation rental Due to its suburban context, this property is not suitable for a short-term vacation rental strategy as it lacks the tourist appeal typically desired in vacation homes. Its location and characteristics make it less attractive for short stays compared to urban centers. Not ideal for luxury market The apartment does not align with the luxury market's expectations, given its fair valuation and average condition rating of 63/100. Thus, it is unlikely to attract high-end buyers or tenants seeking luxury accommodations. Not ideal for student housing With its suburban setting and average neighborhood score, this property is not ideal for student housing, as it lacks the proximity to educational institutions and vibrant student life typically sought after. Potential demand for student rentals may be limited, making this strategy less favorable.
Economic and Tenant Volatility The combined scores of 70/100 indicate a potential risk of economic and tenant instability, suggesting fluctuations in revenue and occupancy rates could occur.
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