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 78 m² on the 3rd floor, built in 1982, energy rating C. Located on rua Ricardo Reis, Odivelas parish, Odivelas municipality, Lisbon district. Noteworthy Features: The apartment includes a bright living room that opens to a private balcony, enhancing the living space and providing natural light throughout the day.
The valuation. The asking price of €330,000 is just slightly below fair value, which is €335,000, indicating a fair investment opportunity with only a €5,000 variance (1.5%). Buy-to-flip angle. The property can be improved with moderate renovations to attract buyers looking for updated features, capitalizing on its suburban appeal near Lisbon. Buy-to-let angle. With an estimated gross yield of 3.7% from rental income of ~€1,018/month, it can serve as a reliable long-term family rental within a mix-use neighborhood.
Fair value modelled at €335,000 from 5 comparable sales in the area. Asking €330,000 sits €5,000 (1.5%) below — the upside to fair value.
Asking €330,000 versus the rua Ricardo Reis area baseline of €322,401 (€4,133/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 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 €322,401, adjusted for condition and micro-location, gives a modelled fair value of €335,000 (€4,295/m²), a €5,000 (1.5%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ricardo Reis | Subject | €330,000 | €4,231 | — | 60 | 71 |
| rua da Memória, 15 | Active | €310,000 | €4,133 | 2.3% | 55 | 69 |
| Santo António dos Cavaleiros e Frielas · ee8954 | Active | €235,000 | €4,519 | 6.8% | 60 | 73 |
| calçada de Carriche | Active | €320,000 | €4,211 | 0.5% | 70 | 78 |
| rua Fernão Lopes, 5 | Active | €550,000 | €7,857 | 85.7% | — | 77 |
| Median comp | €315,000 | €4,365 | 3.2% | 60 | 75 |
Family rental The 2-bed apartment in Odivelas presents a stable option for family rental, poised to attract tenants due to its proximity to Lisbon’s economic influences. However, with a gross yield of 3.7% and a condition rating of 58/100, it lacks standout features that might enhance its appeal. Long-term rental As a long-term rental property, the apartment benefits from a fair market evaluation, matching the €335,000 fair value. While the yield is reasonable at 3.7%, the property's condition and neighborhood ratings suggest a steady, if unspectacular, rental performance. Buy-and-hold Investing in this Odivelas apartment as a buy-and-hold strategy could yield consistent returns over time, given its fair valuation and strategic suburban location. The 71/100 neighborhood rating indicates a decent quality of living, though potential investors should be aware of the modest yield of 3.7% for long-term capital appreciation.
Moderate Economic and Tenant Risk Despite a stable economic and tenant score of 70/100, potential fluctuations in the local economy and tenant turnover could impact rental income and property value.
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