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 135 m², energy rating D. Located on avenida Carolina Michaelis, 16, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Unique Feature: A full-time doorman service enhances security and convenience, while a garbage chute reinforces domestic organization in this well-located family apartment in Algés.
The valuation. The asking price of €645,000 is positioned below its fair value of €673,712, representing a discount of €28,712 (4.5%). This indicates the property is underpriced in the current market.
Fair value modelled at €673,712 from the area baseline, adjusted for condition and location. Asking €645,000 sits €28,712 (4.5%) below — the upside to fair value.
Asking €645,000 versus the avenida Carolina Michaelis, 16 area baseline of €603,180 (€4,468/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 72 · Materials 75 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 75 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
avenida Carolina Michaelis, 16
Area baseline €603,180 + condition -€3,797 + location +€59,344 = modelled fair value of €673,712 (€4,990/m²), a €28,712 (4.5%) gap versus the €645,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Carolina Michaelis, 16 | Subject | €645,000 | €4,778 | — | 72 | 74 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 93754c | Active | €540,000 | €5,192 | 8.7% | 76 | 74 |
| rua Amélia Rey Colaço, 42 | Active | €540,000 | €5,192 | 8.7% | 76 | 76 |
| rua da Eira, 16 | Active | €840,000 | €6,176 | 29.3% | 72 | 79 |
| parque de Santa Cruz | Active | €830,000 | €6,385 | 33.6% | 70 | 75 |
| Median comp | €685,000 | €5,684 | 19.0% | 74 | 76 |
Family rental Given the apartment’s fair value exceeds the listing price by 4.5%, it presents an attractive opportunity for family rentals in a stable suburban environment. The combination of good housing demand and beneficial economic access to Lisbon supports reliable tenant retention and quality. Long-term rental This property’s potential yield of 3.1% reflects the steady returns associated with long-term rentals in a desirable suburb of Lisbon. With a neighborhood rating of 74/100, the surroundings cater well to families seeking sustainable living arrangements, ensuring a steady occupancy rate. Buy-and-hold Investing in this 3-bed apartment aligns well with a buy-and-hold strategy, capitalizing on both current fair value and future appreciation in the Algés area. The combination of a solid condition score and favorable neighborhood dynamics suggests strong long-term value growth and increased demand for housing in the region.
Tenant turnover risk With a tenant stability score of 65/100, there is a notable risk of increased turnover, potentially leading to higher vacancy rates and consistent disruptions in cash flow.
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