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 75 m², built in 1970, energy rating D. Located on praceta Joaquim Casimiro S / N, Queluz e Belas parish, Sintra municipality, Lisbon district. Noteworthy Features: The apartment boasts minimal wear on flooring and walls, indicating a strong opportunity for aesthetic updates while retaining its clean and well-maintained status in a practical area.
The valuation. The asking price of €298,000 is significantly above the fair value of €162,281, representing a markup of €135,719 (45.5%). This property is overpriced and not aligned with market valuations.
Fair value modelled at €162,281 from the area baseline, adjusted for condition and location. Asking €298,000 sits €135,719 (45.5%) above — overpriced versus fair value.
Asking €298,000 versus the praceta Joaquim Casimiro S / N area baseline of €222,900 (€2,972/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 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 78 · Tenant Quality 68). Strong amenities and housing-market momentum support a premium to baseline.
praceta Joaquim Casimiro S / N
Area baseline €222,900 + condition -€13,477 + location +€14,807 = modelled fair value of €162,281 (€2,164/m²), a €135,719 (45.5%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Joaquim Casimiro S / N | Subject | €298,000 | €3,973 | — | 65 | 73 |
| praceta dos Malmequeres, 4 | Active | €258,000 | €3,634 | 8.5% | 65 | 69 |
| Massamá e Monte Abraão · cfe1d5 | Active | €265,900 | €3,745 | 5.7% | — | 77 |
| avenida do Brasil | Active | €279,000 | €3,488 | 12.2% | 68 | 76 |
| Massamá e Monte Abraão · 0dcfb3 | Active | €320,000 | €4,103 | 3.3% | 64 | 74 |
| Median comp | €272,450 | €3,690 | 7.1% | 65 | 75 |
Long-term rental The 2-bed apartment in Queluz e Belas is overpriced at €298,000, significantly exceeding its fair value of €162,281. With a gross yield of only 3.7%, the expected rental income does not justify the elevated purchase price. Buy-and-hold Investing in this property as a buy-and-hold strategy appears unwise due to its current listing price being 45.5% above the fair value estimation. The limited appreciation potential relative to its overpriced nature makes it a risky long-term investment. Family rental While options for family rentals exist, this apartment's price point remains unjustifiably high given its condition rating of 64/100 and the overall valuation gap of 45.5%. Families seeking value will likely overlook this property for more appropriately priced alternatives in the area.
Tenant turnover risk The tenant stability score of 68/100 suggests a moderate risk of tenant turnover, which could lead to increased vacancy rates and associated costs.
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