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, 2-bathroom apartment of 119 m², built in 1988, energy rating C. Located on praceta Índia, 1, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. This apartment's three balconies provide distinct outdoor retreats, while its proximity to diverse local amenities facilitates a highly convenient urban lifestyle for residents.
The valuation. The asking price of €430,000 is significantly below the fair value of €590,394, presenting a compelling opportunity with a difference of €160,394, or 37.3%. Verdict: underpriced.
Fair value modelled at €590,394 from the area baseline, adjusted for condition and location. Asking €430,000 sits €160,394 (37.3%) below — the upside to fair value.
Asking €430,000 versus the praceta Índia, 1 area baseline of €544,901 (€4,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 65 · Materials 60 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 85 · Amenities 80 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
praceta Índia, 1
Area baseline €544,901 + condition -€19,895 + location +€65,388 = modelled fair value of €590,394 (€4,961/m²), a €160,394 (37.3%) gap versus the €430,000 asking price.
Long-term rental\nWith a fair value of €590,394, the 3-bed apartment in Algés presents a promising opportunity for long-term rental given the 37.3% gap against its listing price of €430,000. The strong neighbourhood rating of 80/100 combined with good transport links to Lisbon city center supports stable tenant demand and yields a gross yield of 3.8%.\n\nBuy-and-hold\nAcquiring this property for a buy-and-hold strategy is feasible due to its listing price significantly below fair market value, providing a 37.3% upside potential. The suburban location near Lisbon and solid neighbourhood rating make it a reliable long-term investment.\n\nFamily rental\nTargeting families for rental in this 3-bed apartment is an ideal strategy, as the neighbourhood's amenities and capacity for commuting to Lisbon enhance its attractiveness. With a fair value far exceeding the asking price and a neighbourhood quality score of 80/100, this property suits family tenants seeking long-term housing options.
Tenant turnover risk The tenant stability score of 75/100 indicates a potential risk for higher turnover rates, which could lead to increased vacancy periods and cost implications for the property.