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 99 m² on the 2nd floor, built in 2008, energy rating C. Located on rua José Franco Canas, 24A, Malveira e São Miguel de Alcainça parish, Mafra municipality, Lisbon district. This apartment features a spacious terrace ideal for family gatherings and is conveniently located just 2 minutes from the Malveira CP station, enhancing accessibility.
The valuation. The asking price of €325,000 sits €23,392 (7.8%) above the fair value of €301,608. This indicates that the property is priced at fair value, suggesting it may merit further consideration without immediate concern for a premium. Buy-to-flip angle. The buy-to-flip strategy could involve updating some finishes to increase appeal, potentially allowing resale at a higher price given the average market conditions in the area. A targeted renovation could enhance the return on investment. Buy-to-let angle. The rental income strategy anticipates a gross yield of 3.6%, generating an estimated monthly rental income of €975. This aligns with the suburban demand for family rentals in this mixed neighborhood, promising stable cash flow.
Fair value modelled at €301,608 from 6 comparable sales in the area. Asking €325,000 sits €23,392 (7.8%) above — overpriced versus fair value.
Asking €325,000 versus the rua José Franco Canas, 24A area baseline of €305,239 (€3,083/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €305,239, adjusted for condition and micro-location, gives a modelled fair value of €301,608 (€3,047/m²), a €23,392 (7.8%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Franco Canas, 24A | Subject | €325,000 | €3,283 | — | 73 | 48 |
| rua da Várzea, 2, 1 | Active | €395,000 | €3,292 | 0.3% | 75 | 65 |
| rua do Liceu | Active | €385,000 | €3,850 | 17.3% | 76 | 59 |
| avenida José Batista Antunes, 3 | Active | €395,000 | €2,801 | 14.7% | 78 | 58 |
| rua Várzea da Lapa | Active | €445,000 | €4,009 | 22.1% | 70 | 55 |
| Median comp | €395,000 | €3,571 | 8.8% | 76 | 59 |
Long-term rental The 2-bed apartment in Malveira e São Miguel de Alcainça presents a gross yield of 3.6%, which is indicative of steady cash flow potential in a suburban market. However, with a fair value of €301,608, the property is currently priced fairly at €325,000, aligning with minimal appreciation prospects in the area. Family rental For families looking for rental opportunities, this apartment's location in the outskirts of northern Lisbon offers accessibility to employment prospects linked to Lisbon's economic dynamics. Despite its decent condition rating of 76/100, the property is fairly priced at €325,000 when compared to the fair value of €301,608, suggesting limited scope for future value increase in this neighborhood context.
High Tenant Turnover Risk The low tenant stability score of 40/100 indicates a higher likelihood of turnover, which can lead to increased vacancy rates and costs associated with frequently finding new tenants.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
