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, 2-bathroom apartment of 66 m² on the 3rd floor, energy rating E. Located on rua Ilha da Madeira, 57, Póvoa de Santo Adrião e Olival Basto parish, Odivelas municipality, Lisbon district. Noteworthy Features: The apartment includes a sunroom that provides additional natural light and a dedicated laundry area, enhancing both comfort and practicality for daily living.
The valuation. The asking price of €380,000 sits significantly above the fair value of €326,637, with a premium of €53,363 (16.3%). This valuation indicates the property is overpriced in the current market conditions.
Fair value modelled at €326,637 from 6 comparable sales in the area. Asking €380,000 sits €53,363 (16.3%) above — overpriced versus fair value.
Asking €380,000 versus the rua Ilha da Madeira, 57 area baseline of €261,340 (€3,960/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €261,340, adjusted for condition and micro-location, gives a modelled fair value of €326,637 (€4,949/m²), a €53,363 (16.3%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ilha da Madeira, 57 | Subject | €380,000 | €5,758 | — | 80 | 74 |
| Póvoa de Santo Adrião e Olival Basto · 1442ac | Active | €298,000 | €4,257 | 26.1% | 80 | 83 |
| Odivelas · 627032 | Active | €269,700 | €5,187 | 9.9% | 80 | 74 |
| Odivelas · 3d960f | Active | €269,700 | €4,904 | 14.8% | 75 | 74 |
| rua João das Regras, 9 | Active | €269,700 | €4,994 | 13.3% | 76 | 71 |
| Median comp | €269,700 | €4,949 | 14.0% | 78 | 74 |
Long-term rental This property is overpriced with a market price of €380,000 compared to a fair value of €326,637, representing a 16.3% gap. At a gross yield of only 3%, the returns may not justify the current investment in light of typical suburban rent expectations. Family rental Given its proximity to Lisbon and access to schools, this property could cater to families, yet its listing price remains excessive at €380,000 versus a fair value of €326,637, indicating overvaluation. The 3% gross yield further highlights that prospective returns are unlikely to meet family tenants’ affordability needs in the area. Buy-and-hold Purchasing this apartment as a buy-and-hold investment is not advisable due to its overpriced status, with a gap of 16.3% between the listing and fair value. The subpar yield of 3% suggests that long-term value appreciation might not compensate for the initial high purchase price.
Tenant turnover risk Tenants may change frequently due to a tenant stability score of 70/100, potentially leading to increased vacancy rates and lost rental income.
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