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 79 m² on the 1st floor. Located on rua Cidade de Benguela, 292, Olivais parish, Lisbon municipality, Lisbon district. Storage room of 12 m² offers additional space for organization, enhancing the apartment's potential despite its current need for renovation.
The valuation. The asking price of €310,000 stands €29,616 (8.7%) below the fair value of €339,616, reflecting a reasonably priced opportunity within the market. The valuation suggests the property is competitively situated, warranting serious consideration.
Fair value modelled at €339,616 from 6 comparable sales in the area. Asking €310,000 sits €29,616 (8.7%) below — the upside to fair value.
Asking €310,000 versus the rua Cidade de Benguela, 292 area baseline of €363,882 (€4,606/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 40/100 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 €363,882, adjusted for condition and micro-location, gives a modelled fair value of €339,616 (€4,299/m²), a €29,616 (8.7%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Benguela, 292 | Subject | €310,000 | €3,924 | — | 35 | 77 |
| avenida Cidade de Luanda | Active | €470,000 | €4,234 | 7.9% | — | 79 |
| rua Cidade de Carmona | Active | €330,000 | €4,400 | 12.1% | 38 | 77 |
| rua Cândido de Oliveira | Active | €299,500 | €3,993 | 1.8% | 42 | 77 |
| rua Doutor José Saraiva | Active | €288,000 | €4,364 | 11.2% | 38 | 78 |
| Median comp | €314,750 | €4,299 | 9.6% | 38 | 78 |
Long-term rental The property offers a 4.2% gross yield, which aligns with the average rental returns for similar properties in the Olivais area. However, with a fair value gap of only 8.7%, the potential for significant appreciation appears limited, making this a stable but unexciting investment. Family rental Given its three-bedroom layout and proximity to urban amenities, this apartment is well-suited for family tenants seeking longer-term housing solutions. The fair condition rating of 40/100 suggests that some renovations might be needed, though this factor is balanced by the neighborhood's strong score of 77/100. Buy-and-hold The investment strategy for this property could be effective over the long term, especially considering the stable neighborhood rating and fair yield. However, the closing gap of 8.7% against its fair value suggests that any gains from holding this asset may be modest. Not ideal for short-term vacation rental The property’s features and location do not lend themselves well to short-term vacation rentals, as the steady suburban character likely does not attract transient guests. Furthermore, the lower yield associated with this strategy reinforces its unsuitability. Not ideal for luxury market This apartment does not possess the luxury appeal necessary to attract high-end buyers or renters, as reflected in its fair condition and modest pricing. The current offerings in the luxury market emphasize top-tier amenities and finishes, which this property lacks.
Economic downturn risk The investment faces potential challenges if economic conditions deteriorate, despite a solid economic stability score of 80/100, which could affect tenant retention given the tenant stability score of 75/100.
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
