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.
1-bedroom, 1-bathroom apartment of 43 m², built in 1960, energy rating D. Located on rua Doutor Manuel de Arriaga, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: This apartment boasts a private balcony perfect for outdoor relaxation, and its strategic location offers convenient access to both the Algés Market and Algés Beach.
The valuation. The asking price of €325,000 exceeds the fair value of €222,413 by €102,587, indicating it is overpriced by 31.6%. This discrepancy suggests that investors should be cautious regarding their purchase decision. Buy-to-flip angle. Given its high-quality condition, a potential resale strategy could involve minor renovations to elevate its market appeal and targeting a premium price in a competitive real estate market. Buy-to-let angle. Estimating a gross yield of 3.3% based on rental income of approximately €894 per month, this property can provide steady cash flow but may require a longer-term hold to align with market pricing.
Fair value modelled at €222,413 from the area baseline, adjusted for condition and location. Asking €325,000 sits €102,587 (31.6%) above — overpriced versus fair value.
Asking €325,000 versus the rua Doutor Manuel de Arriaga area baseline of €196,897 (€4,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 84 · Materials 80 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 76/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Doutor Manuel de Arriaga
Area baseline €196,897 + condition +€5,039 + location +€20,477 = modelled fair value of €222,413 (€5,172/m²), a €102,587 (31.6%) gap versus the €325,000 asking price.
Long-term rental The property’s gross yield of 3.3% suggests a lack of competitive rental returns in the current market, especially given its 31.6% gap to fair value. With a neighborhood rating of 76/100, the property may attract tenants, but the overpriced listing diminishes its overall investment attractiveness. Buy-and-hold While the proximity to Lisbon could provide some potential for appreciation, the property’s current valuation at €325,000 signifies it is overpriced by 31.6%. Investors may face challenges in achieving satisfactory equity growth in the long term with such a significant disparity from the fair value. Value-add renovation Although the property is in good condition with a score of 83/100, the substantial gap between the asking price and fair value highlights overpricing rather than an opportunity for value enhancement. Any investment in renovations would likely not yield sufficient returns relative to the high initial cost of the property. Not ideal for Short-term vacation rentals and the luxury market are unsuitable given the market's current pricing dynamics. The apartment's condition and neighborhood rating indicate a stronger fit for traditional rental strategies rather than premium or transient lodging offerings.
Potential Tenant Turnover The tenant stability score of 60/100 indicates a higher likelihood of tenant turnover, which could result in increased vacancy rates and associated costs.
