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 118 m² on the 1st floor, built in 1988, energy rating D. Located on rua Dom Aleixo Corte-Real, 394, Olivais parish, Lisbon municipality, Lisbon district. Noteworthy Features: The apartment boasts individual balconies for each bedroom and direct access to a renowned bakery on the ground floor, enhancing both convenience and lifestyle. Condições: O apartamento apresenta varandas individuais para cada quarto e acesso direto a uma padaria renomada no piso térreo, melhorando tanto a conveniência como o estilo de vida.
The valuation. The asking price of €485,000 is significantly below the fair value of €600,123, presenting an opportunity with a difference of €115,123 (19.2%). Verdict: underpriced.
Fair value modelled at €600,123 from 6 comparable sales in the area. Asking €485,000 sits €115,123 (19.2%) below — the upside to fair value.
Asking €485,000 versus the rua Dom Aleixo Corte-Real, 394 area baseline of €474,257 (€4,019/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €474,257, adjusted for condition and micro-location, gives a modelled fair value of €600,123 (€5,086/m²), a €115,123 (19.2%) gap versus the €485,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Aleixo Corte-Real, 394 | Subject | €485,000 | €4,110 | — | 74 | 78 |
| rua Manuel Teixeira Gomes | Active | €500,000 | €4,587 | 11.6% | 80 | 80 |
| Parque das Nações · 4d4322 | Active | €1,350,000 | €6,109 | 48.6% | 75 | 71 |
| Parque das Nações · 956b97 | Active | €1,350,000 | €6,109 | 48.6% | 73 | 76 |
| avenida Dom João II, 57 | Active | €860,000 | €5,584 | 35.9% | 78 | 80 |
| Median comp | €1,105,000 | €5,847 | 42.2% | 77 | 78 |
Long-term rental This 3-bed apartment in Olivais presents a compelling long-term rental opportunity, given its fair value of €600,123 compared to the listing price of €485,000, creating a gap of 19.2%. The gross yield of 3.9% further supports its attractiveness for stable, long-term income generation in a suburban area with good amenities and transport links. Family rental With a solid neighbourhood rating of 78/100 and nearby amenities enhancing family appeal, this property serves as an attractive family rental option. The favorable gap from fair value additionally suggests a strong potential for appreciation, making it an ideal choice for families seeking a comfortable living environment. Buy-and-hold As the housing market in Greater Lisbon remains resilient, this apartment represents a sound buy-and-hold investment with a fair value significantly above its listing price. The current condition rating of 77/100 indicates that minimal maintenance is required, allowing for a more seamless long-term ownership experience. Not ideal for The property is not ideally positioned for the luxury market, as its characteristics do not align with high-end buyer expectations. Additionally, it is unsuitable for short-term vacation rentals due to local market dynamics and its suburban setting, which may not attract transient tenants. Not ideal for This property does not cater to student housing because of its location outside prime university districts, which limits its appeal to that demographic. Furthermore, the local amenities, while good, do not specifically target the needs of students seeking vibrant nightlife or proximity to educational institutions.
Potential Tenant Turnover Risk The tenant stability score of 75 indicates a moderate likelihood of turnover, which could lead to periods of vacancy and associated costs for the property owner.
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