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, 3-bathroom penthouse of 118 m² on the 2nd floor, energy rating A. Located on via Cidade Nova Autocarro, Odivelas parish, Odivelas municipality, Lisbon district. Noteworthy Features: This penthouse boasts a luxurious rooftop terrace equipped with a hot tub and solar panels, alongside a sophisticated floating staircase with glass railings, elevating its modern design.
The valuation. The asking price of €995,000 significantly exceeds the fair value of €502,059, demonstrating that the property is overpriced by €492,941 (98.2%). This alignment indicates potential challenges in achieving a profitable sale.
Fair value modelled at €502,059 from 6 comparable sales in the area. Asking €995,000 sits €492,941 (98.2%) above — overpriced versus fair value.
Asking €995,000 versus the via Cidade Nova Autocarro area baseline of €472,455 (€4,004/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €472,455, adjusted for condition and micro-location, gives a modelled fair value of €502,059 (€4,255/m²), a €492,941 (98.2%) gap versus the €995,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| via Cidade Nova Autocarro | Subject | €995,000 | €8,432 | — | 89 | 78 |
| praça Cidade de Odivelas S / N | Active | €740,000 | €5,211 | 38.2% | 78 | 73 |
| Santa Clara · cc9bf2 | Active | €990,000 | €3,960 | 53.0% | 80 | 72 |
| rua Álvaro de Campos, 14 | Active | €560,000 | €4,746 | 43.7% | 80 | 72 |
| avenida David Mourão-Ferreira, 51 | Active | €735,000 | €4,176 | 50.5% | 80 | 78 |
| Median comp | €737,500 | €4,461 | 47.1% | 80 | 73 |
Long-term rental The property’s yield of 2.1% is unsatisfactory, especially given the significant 98.2% gap from fair value, indicating it is overpriced. While the proximity to Lisbon supports stable demand, the high acquisition cost undermines potential long-term rental returns. Family rental Though the property is located in a generally safe area with good school access, its valuation at €995,000 suggests it is overpriced by 98.2%. With a gross yield of only 2.1%, this investment lacks the necessary financial appeal for families looking for affordable housing options. Buy-and-hold The buy-and-hold strategy is rendered unattractive due to the significant price premium of 98.2% over fair value, which suggests the property is overpriced at €995,000. While the economic stability of Lisbon's suburban areas may support long-term appreciation, the current high entry cost limits the potential for worthwhile gains in the foreseeable future.
Potential Tenant Turnover With a tenant stability score of 75/100, there is a significant risk of turnover, which may lead to increased vacancy periods and associated 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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