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 146 m², built in 2005, energy rating C. Located on travessa da Azenha, 2, Malveira e São Miguel de Alcainça parish, Mafra municipality, Lisbon district. Noteworthy Features: The condominium offers exclusive access to a private garden with a barbecue area and playground, enhancing family leisure and community interaction in a serene environment. Additional Amenities: The apartment includes a parking space and storage room for added convenience.
The valuation. The asking price of €430,000 is only slightly above the fair value of €427,317, positioning it at €2,683 (0.6%) over fair value. This property is priced fairly given its condition and location.
Fair value modelled at €427,317 from 6 comparable sales in the area. Asking €430,000 sits €2,683 (0.6%) above — overpriced versus fair value.
Asking €430,000 versus the travessa da Azenha, 2 area baseline of €422,341 (€2,893/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €422,341, adjusted for condition and micro-location, gives a modelled fair value of €427,317 (€2,927/m²), a €2,683 (0.6%) gap versus the €430,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa da Azenha, 2 | Subject | €430,000 | €2,945 | — | 77 | 63 |
| Venda do Pinheiro e Santo Estêvão das Galés · d747fa | Active | €445,000 | €2,928 | 0.6% | 76 | 70 |
| rua 25 de Abril | Active | €335,000 | €1,893 | 35.7% | 80 | 62 |
| rua Major António Pereira de Almeida, 2 | Active | €350,000 | €2,991 | 1.6% | 74 | 67 |
| rua Movimento das Forças Armadas, 29 | Active | €360,000 | €2,927 | 0.6% | 72 | 73 |
| Median comp | €355,000 | €2,928 | 0.6% | 75 | 69 |
Long-term rental The property offers a gross yield of 3.2%, aligning with the area’s median returns for long-term rental strategies. Given its decent condition rating of 80/100, it can attract stable tenants for consistent monthly income. Family rental The apartment's spacious layout of 146m² makes it ideal for families looking for long-term housing in the Malveira e São Miguel de Alcainça area. Its fair value pricing and moderate neighborhood rating suggest it will appeal to a demographic seeking suburban living without premium pricing. Buy-and-hold With the fair value of €427,317 closely matching the listing price, the potential for appreciation in this suburban Greater Lisbon area is steady but may be limited. The property’s decent condition and neighborhood attributes can support long-term value retention but may not yield significant appreciation rewards in a primarily suburban marketplace. Not ideal for short-term vacation rental Due to its suburban setting, the apartment lacks the appeal that typically drives demand for short-term vacation rentals. The stable but unspectacular neighborhood rating suggests limited tourists that are key for such rental strategies. Not ideal for luxury market The property does not meet the criteria often sought in the luxury market segment, as its amenities and neighborhood quality are average at best. Its current value and condition position it away from the high-end appeal required for luxury investment opportunities.
Economic Decline Risk With an economic stability score of 65/100, there is a moderate risk that adverse economic conditions could impact tenant demand and rental income.
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