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, built in 1983, energy rating C. Located on praceta António Enes, 1, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: Located on the elevated ground floor, the apartment offers convenient ramp access and proximity to Mata do Jamor, enhancing its appeal for outdoor enthusiasts.
The valuation. The asking price of €495,000 is significantly below the fair value of €684,927, representing a remarkable discount of €189,927 (38.4%). This makes the property an attractive investment opportunity for potential buyers.
Fair value modelled at €684,927 from the area baseline, adjusted for condition and location. Asking €495,000 sits €189,927 (38.4%) below — the upside to fair value.
Asking €495,000 versus the praceta António Enes, 1 area baseline of €618,165 (€4,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 74 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 77/100 (Housing Market 80 · Amenities 80 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praceta António Enes, 1
Area baseline €618,165 + condition +€0 + location +€66,762 = modelled fair value of €684,927 (€5,074/m²), a €189,927 (38.4%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta António Enes, 1 | Subject | €495,000 | €3,667 | — | 74 | 77 |
| Carnaxide e Queijas · 25f484 | Active | €515,000 | €3,872 | 5.6% | 75 | 77 |
| praceta Gomes Leal, 2 | Active | €580,000 | €4,531 | 23.6% | 76 | 74 |
| praça João de Deus | Active | €520,000 | €4,127 | 12.6% | 74 | 75 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 0dcd47 | Active | €585,000 | €4,179 | 14.0% | 72 | 75 |
| Median comp | €550,000 | €4,153 | 13.3% | 75 | 75 |
Long-term rental The property offers a 3.6% gross yield, which is reasonable given the overall attractive housing market in the Algés area. With a fair value gap of 38.4%, this investment presents a solid opportunity for sustained cash flow through long-term rental. Buy-and-hold With its current listing price significantly below the fair value, this property serves as a compelling option for a buy-and-hold strategy. The neighborhood's quality rating of 77/100 suggests potential appreciation in value over time, making it a suitable long-term investment. Family rental The spacious 135m² layout is ideal for family rentals, complemented by the neighborhood's strong amenities and tenant quality ratings. Given the property is underpriced relative to its fair value, it is well-positioned to attract stable, long-term tenants looking for family-friendly living options.
Tenant turnover risk High tenant turnover due to a Tenant Stability score of 70/100 could lead to increased vacancy rates and associated costs.
