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 72 m² on the 3rd floor, built in 1965, energy rating D. Located on rua de Nampula, Odivelas parish, Odivelas municipality, Lisbon district. The property includes a versatile loft conversion of approximately 40 m² with usage authorization from the condominium, providing additional flexible space for potential buyers' needs.
The valuation. The asking price of €349,900 sits just €457 (0.1%) below the fair value of €350,357, indicating it is priced fairly within the market. This slight discrepancy suggests competitiveness without suggesting undervaluation.
Fair value modelled at €350,357 from 6 comparable sales in the area. Asking €349,900 sits €457 (0.1%) below — the upside to fair value.
Asking €349,900 versus the rua de Nampula area baseline of €284,574 (€3,952/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €284,574, adjusted for condition and micro-location, gives a modelled fair value of €350,357 (€4,866/m²), a €457 (0.1%) gap versus the €349,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Nampula | Subject | €349,900 | €4,860 | — | 78 | 76 |
| rua Manuel António Gomes, 1 | Active | €274,000 | €4,349 | 10.5% | 80 | 72 |
| Odivelas · 133a04 | Active | €349,000 | €5,817 | 19.7% | 80 | 82 |
| rua Eça de Queirós, 2 | Active | €265,000 | €4,732 | 2.6% | 80 | 70 |
| Odivelas · 8341a1 | Active | €350,000 | €5,000 | 2.9% | 83 | 74 |
| Median comp | €311,500 | €4,866 | 0.1% | 80 | 73 |
Long-term rental The 2-bed apartment in Odivelas presents a yield of 3.2%, which is indicative of a stable long-term rental market. The fair valuation suggests that investors can expect consistent returns without significant upside potential. Family rental This property is well-positioned for families seeking proximity to Lisbon's amenities while enjoying suburban living, with a neighbourhood score of 76/100. The apartment's condition rating of 81/100 makes it a suitable option for families looking for a comfortable home in a growing area. Buy-and-hold The proximity to Lisbon enhances the apartment's appeal for a buy-and-hold strategy, making it an attractive option for long-term investors. The fair value indicates that while there are no significant bargains, the investment will yield consistent rental income in a stable market. Not ideal for short-term rental With the property being fairly priced and yielding only 3.2%, it does not align with the high returns typically sought in short-term rental strategies. The suburban location may further limit appeal for transient guests. Not ideal for luxury market The apartment's pricing and characteristics do not support a luxury market positioning, as it is fairly valued at €349,900. Additionally, its neighbourhood score indicates a more modest target demographic rather than luxury seekers. Not ideal for student housing Given the family-oriented nature of the neighbourhood and the apartment's modest yield, it is not positioned for success in the student housing market. The proximity to Lisbon may attract students, but other factors limit its suitability as a student rental investment.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of turnover, which could lead to increased vacancy rates and associated costs.
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