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 79 m², built in 1996, energy rating D. Located on avenida Miguel Bombarda, 24, Queluz e Belas parish, Sintra municipality, Lisbon district. Noteworthy Features: The apartment's main living room includes a fireplace with heat recovery, optimizing both coziness and energy efficiency, while the secured entry features a video intercom system for added safety.
The valuation. The asking price of €345,000 exceeds the fair value of €182,350 by €162,650, indicating this property is overpriced by 47.1%. The discrepancy suggests buyers should exercise caution and consider alternative options that provide better value. Buy-to-flip angle. Given its condition score of 70/100, a strategic renovation could enhance the apartment's appeal, targeting a resale price above €400,000. Investors aiming for a quick turnaround should focus on budget-friendly improvements to maximize profit margins. Buy-to-let angle. With a projected gross yield of 3.1% and monthly rental income around €891, this property could serve as a steady long-term investment. However, potential landlords should assess the rental market in Queluz e Belas to ensure sustainable tenant demand.
Fair value modelled at €182,350 from the area baseline, adjusted for condition and location. Asking €345,000 sits €162,650 (47.1%) above — overpriced versus fair value.
Asking €345,000 versus the avenida Miguel Bombarda, 24 area baseline of €244,742 (€3,098/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 68 · Materials 75 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
avenida Miguel Bombarda, 24
Area baseline €244,742 + condition -€6,172 + location +€18,988 = modelled fair value of €182,350 (€2,308/m²), a €162,650 (47.1%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Miguel Bombarda, 24 | Subject | €345,000 | €4,367 | — | 68 | 78 |
| praceta João de Deus | Active | €350,000 | €3,465 | 20.6% | 73 | 76 |
| avenida do Brasil | Active | €279,000 | €3,488 | 20.1% | 68 | 76 |
| Queluz e Belas · 001adc | Active | €357,500 | €3,724 | 14.7% | 72 | 76 |
| praceta Pedro Alexandrino, 3 | Active | €206,000 | €4,905 | 12.3% | 70 | 75 |
| Median comp | €314,500 | €3,606 | 17.4% | 71 | 76 |
Long-term rental The property’s listing price of €345,000 is 47.1% above the fair value of €182,350, indicating it is overpriced for a long-term rental strategy. With a gross yield of only 3.1% and a condition rating of 70/100, potential returns may be insufficient to justify the investment. Buy-and-hold The current listing puts this 2-bed apartment at a significant premium compared to its fair value, making it an unfavorable option for a buy-and-hold strategy. While the neighbourhood score is respectable at 78/100, the overvaluation detracts from expected appreciation over time. Family rental Despite the appealing location and quality of nearby schools, the substantial gap between the listing price and fair value suggests this property is overly priced for a family rental. A gross yield of 3.1% does not provide adequate incentive given the present market conditions and property valuation.
Economic and Tenant Stability Risk: With both the economic and tenant stability scores at 80/100, there is a moderate risk that any sudden downturn in the economy could lead to increased tenant turnover or rental payment issues, affecting long-term revenue stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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