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 apartment of 59 m², built in 1966, energy rating D. Located on rua dos Bombeiros Voluntários, Odivelas parish, Odivelas municipality, Lisbon district. This apartment features a balcony that provides outdoor space, ideal for relaxation despite the need for renovation updates.
The valuation. The asking price of €257,750 exceeds the fair value of €165,487 by €92,263, or 35.8%. This property is deemed overpriced, suggesting it may not be an attractive investment at the current valuation. Buy-to-flip angle. The resale strategy would focus on modernizing the apartment to increase appeal, targeting a quick flip to capitalize on market trends in Odivelas. Upgrades could effectively elevate the resale value beyond the current asking price. Buy-to-let angle. With an estimated rental income of €945 per month, this property offers a gross yield of 4.4%. A long-term rental strategy could provide consistent cash flow, attracting families seeking suburban living near Lisbon's core amenities.
Fair value modelled at €165,487 from the area baseline, adjusted for condition and location. Asking €257,750 sits €92,263 (35.8%) above — overpriced versus fair value.
Asking €257,750 versus the rua dos Bombeiros Voluntários area baseline of €216,766 (€3,674/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 48/100 (Condition 45 · Materials 50 · Room dimensions 52). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 85 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua dos Bombeiros Voluntários
Area baseline €216,766 + condition -€25,352 + location +€20,447 = modelled fair value of €165,487 (€2,805/m²), a €92,263 (35.8%) gap versus the €257,750 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Bombeiros Voluntários | Subject | €257,750 | €4,369 | — | 45 | 80 |
| Odivelas · 25f834 | Active | €320,000 | €4,267 | 2.3% | 45 | 78 |
| Odivelas · ba5b98 | Active | €285,000 | €4,385 | 0.4% | 52 | 75 |
| rua Comandante Augusto Castilho | Active | €245,000 | €4,083 | 6.5% | 42 | 79 |
| rua Nampula | Active | €249,000 | €3,831 | 12.3% | 40 | 80 |
| Median comp | €267,000 | €4,175 | 4.4% | 44 | 79 |
Long-term rental Given the property is currently overpriced by 35.8% compared to its fair value, long-term rental prospects may be dampened by the high initial investment. At a gross yield of 4.4%, this investment is unlikely to provide substantial returns relative to the cost. Family rental As family rentals typically seek reasonable market prices, this property being overpriced by 35.8% may deter potential tenants looking for affordable options in a suburban area. The decent neighbourhood score of 80/100 could attract families, but the high entry price limits appeal. Buy-and-hold While the buy-and-hold strategy has merit with an attractive neighbourhood rating, the current price reflects a 35.8% gap above fair value, which can hinder long-term appreciation. Investors may find that holding onto this asset could yield lower returns than expected due to its overpriced nature.
Economic downturn risk Despite a strong economic stability score of 80/100, the tenant stability score of 75/100 indicates potential volatility in rental income if economic conditions change.
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