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 82 m², built in 1993, energy rating E. 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 sunroom and a balcony, providing both natural light and outdoor space, enhancing the overall living experience in a quiet building with low occupancy.
The valuation. The asking price of €360,000 sits €43,196 (12.0%) below the fair value of €403,196, indicating that this property is subvalued relative to the market. This presents a solid opportunity for potential investors. Buy-to-flip angle. A buy-to-flip strategy could capitalize on renovations to elevate the apartment's appeal, targeting a resale at a higher price point in the thriving Algés market. This could yield a profitable return given the location's desirability. Buy-to-let angle. The estimated rental income of €1,140 per month translates to a gross yield of 3.8%, making it an attractive option for long-term rental strategies. The property’s location provides a solid base for consistent occupancy.
Fair value modelled at €403,196 from the area baseline, adjusted for condition and location. Asking €360,000 sits €43,196 (12.0%) below — the upside to fair value.
Asking €360,000 versus the rua Doutor Manuel de Arriaga area baseline of €375,478 (€4,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 66 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 70 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Manuel de Arriaga
Area baseline €375,478 + condition -€8,328 + location +€36,046 = modelled fair value of €403,196 (€4,917/m²), a €43,196 (12.0%) gap versus the €360,000 asking price.
Long-term rental This 2-bed apartment in Algés presents a solid opportunity for long-term rental given its gap to fair value of 12.0%, indicating potential for appreciation in addition to a gross yield of 3.8%. The property's reasonable condition and good neighbourhood score further enhance its attractiveness to potential tenants. Buy-and-hold With a fair value of €403,196 against the listing price of €360,000, this apartment represents a sound buy-and-hold strategy, allowing for both rental income and future capital appreciation. Moreover, the proximity to Lisbon ensures a steady demand for housing, making it a valuable long-term investment. Family rental This property is well-positioned for family rentals, bolstered by its size and location in a safe neighbourhood with access to amenities and employment in Lisbon. The appealing 3.8% gross yield complements the 12.0% fair value gap, presenting a compelling case for families seeking stable housing options. Not ideal for luxury market The property’s features and market positioning do not align with luxury market demands, making it less attractive for high-end buyers. Given its average condition score of 69/100, it may not meet the expectations of luxury consumers. Not ideal for short-term vacation rental Due to the apartment's subdued condition and average amenities, it may not capitalize on the lucrative short-term vacation rental market, which typically favors higher-end finishes. Additionally, moderate crime levels can deter visitors seeking premium rental experiences. Not ideal for student housing The location, while accessible, may not cater effectively to the specific needs of students that often seek urban centers with vibrant social scenes and quick access to universities. The family-oriented nature of the apartment makes it less appealing to the transient student population.
Economic Dependence Risk: With an economic stability score of 80/100, there may be vulnerability to economic fluctuations that could impact tenant retention and occupancy rates over time.
