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, 1-bathroom apartment of 73 m² on the 2nd floor, built in 1949, energy rating E. Located on rua Cidade de Benguela, Olivais parish, Lisbon municipality, Lisbon district. Noteworthy Features: This apartment boasts high-quality herringbone parquet flooring throughout, enhancing its mid-century charm, while its unobstructed views ensure a bright and airy living space.
The valuation. The asking price of €380,000 is 6.2% above the fair value of €357,790, indicating the property is priced at a slight premium. This suggests that, while fairly valued, it may not present the most compelling investment opportunity.
Fair value modelled at €357,790 from 6 comparable sales in the area. Asking €380,000 sits €22,210 (6.2%) above — overpriced versus fair value.
Asking €380,000 versus the rua Cidade de Benguela area baseline of €309,297 (€4,237/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €309,297, adjusted for condition and micro-location, gives a modelled fair value of €357,790 (€4,901/m²), a €22,210 (6.2%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Benguela | Subject | €380,000 | €5,205 | — | 63 | 80 |
| Olivais · 33bdbb | Active | €399,000 | €4,926 | 5.4% | 70 | 76 |
| Olivais · f14bcd | Active | €340,000 | €4,658 | 10.5% | 70 | 79 |
| rua Cidade de Benguela, 293B | Active | €340,000 | €5,231 | 0.5% | 58 | 80 |
| rua Vila de Bubaque, 5 | Active | €395,000 | €4,877 | 6.3% | 55 | 81 |
| Median comp | €367,500 | €4,902 | 5.8% | 64 | 80 |
Long-term rental The 3-bed apartment in Olivais has a fair valuation, suggesting that while the property is priced realistically, it may not generate significant appreciation in the long term given its 3.5% gross yield. The solid neighborhood rating of 80/100 supports reasonable demand for long-term rentals, ensuring stable occupancy. Family rental With its proximity to schools and employment areas, this apartment is a suitable option for families seeking a stable home environment, despite being priced at a fair value. The neighborhood’s good amenities enhance its attractiveness for families, promising secure long-term tenancy. Buy-and-hold Investing in this property under a buy-and-hold strategy may yield moderate returns, given the gap to fair value is minimal at 6.2%, indicating no significant upside potential. The overall condition score of 67/100 suggests that while the property is livable, some maintenance and improvements may be needed to enhance its long-term value.
Economic Vulnerability: Despite high scores of 80/100 in both economic and tenant stability, the property may still be exposed to potential economic downturns that could negatively impact rental income and occupancy rates.
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