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.
4-bedroom, 3-bathroom apartment of 119 m² on the 5th floor, built in 1983, energy rating D. Located on rua Cidade de Quelimane, Olivais parish, Lisbon municipality, Lisbon district. This apartment features a private balcony with river views and abundant natural light from windows in every room, enhancing both its aesthetic appeal and living comfort.
The valuation. The asking price of €610,000 sits €19,318 (3.1%) below the estimated fair value of €629,318, indicating that this property is competitively priced for the market.
Fair value modelled at €629,318 from 6 comparable sales in the area. Asking €610,000 sits €19,318 (3.1%) below — the upside to fair value.
Asking €610,000 versus the rua Cidade de Quelimane area baseline of €460,787 (€3,872/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €460,787, adjusted for condition and micro-location, gives a modelled fair value of €629,318 (€5,288/m²), a €19,318 (3.1%) gap versus the €610,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Quelimane | Subject | €610,000 | €5,126 | — | 93 | 77 |
| Olivais · 3a6fb2 | Active | €735,000 | €5,213 | 1.7% | 80 | 76 |
| Olivais · 2d81d8 | Active | €735,000 | €5,654 | 10.3% | 85 | 77 |
| avenida Almirante Reis, 234 | Active | €670,500 | €5,364 | 4.6% | 85 | 82 |
| avenida Almirante Reis, 234 | Active | €675,000 | €5,400 | 5.3% | 80 | 87 |
| Median comp | €705,000 | €5,382 | 5.0% | 83 | 80 |
Long-term rental The property in Olivais presents a fair opportunity for long-term rental investments, with a gross yield of 3.1% that aligns with the fair value of €629,318. Its residential appeal and proximity to employment centers make it attractive for stable, long-term tenants. Buy-and-hold Investing in this apartment for a buy-and-hold strategy can yield steady returns, given its fair valuation and reasonable condition rating of 86/100. The property benefits from neighborhood amenities and a solid tenant quality, which could appreciate over time while maintaining its value. Family rental This property is well-suited for family rentals, offering adequate space and access to local schools and parks in the Olivais neighborhood. With a fair valuation and a strong condition rating, it appeals to families seeking residential stability and convenience in Greater Lisbon.
Economic downturn risk A potential economic downturn could impact the economic stability score of 80, leading to decreased tenant demand and possible vacancy issues, given the tenant stability score of 75.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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