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 house of 164 m², energy rating D. Located on rua da Azenha, 1, Igreja Nova e Cheleiros parish, Mafra municipality, Lisbon district. Notable Feature: The property includes a large, sunny front patio and a spacious garage capable of accommodating up to three cars, enhancing outdoor living and storage options.
The valuation. The asking price of €410,000 sits 1.9% above the fair value of €402,228, indicating a slightly inflated market position. However, this property is assessed as fairly priced for the current condition and market trends.
Fair value modelled at €402,228 from 6 comparable sales in the area. Asking €410,000 sits €7,772 (1.9%) above — overpriced versus fair value.
Asking €410,000 versus the rua da Azenha, 1 area baseline of €453,251 (€2,764/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €453,251, adjusted for condition and micro-location, gives a modelled fair value of €402,228 (€2,453/m²), a €7,772 (1.9%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Azenha, 1 | Subject | €410,000 | €2,500 | — | 75 | 73 |
| Igreja Nova e Cheleiros · 89e5e8 | Active | €675,000 | €1,865 | 25.4% | — | 66 |
| rua da Liberdade, 29 | Active | €330,000 | €2,750 | 10.0% | 75 | 68 |
| rua da Pedra d'Oira S / N | Active | €658,000 | €2,455 | 1.8% | 70 | 62 |
| rua da Fonte, 9 | Active | €700,000 | €2,201 | 11.9% | 78 | 63 |
| Median comp | €666,500 | €2,328 | 6.9% | 75 | 65 |
Family rental The property presents a reasonable option for family rental due to its suburban location and decent neighborhood rating of 73/100. With a gross yield of 3%, it can provide steady cash flow, although the property is fairly priced with minimal potential for appreciation. Long-term rental As a long-term rental investment, this property shows potential with its proximity to Lisbon and a fair value assessment indicating it's aligned with market expectations. The condition rating of 75/100 suggests it may require some maintenance, so investors should anticipate ongoing costs to sustain tenant interest. Buy-and-hold Investing in this property with a buy-and-hold strategy may yield moderate returns, given its fair valuation status and the slight gap from fair value at 1.9%. The stable neighborhood conditions and gross yield of 3% indicate that while this may not be a bargain, it can still serve as a reliable long-term asset in the current market environment.
Tenant turnover risk High tenant turnover is a possibility given the tenant stability score of 69/100, which could increase vacancy rates and related costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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