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.
1-bedroom, 1-bathroom apartment of 58 m². Located on rua Bernardino de Oliveira, 15, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: The apartment includes a functional pantry for additional storage and a balcony that enhances the living space with outdoor access, despite its need for renovation.
The valuation. The asking price of €225,000 is significantly below the fair value of €284,039, representing a discount of €59,039 or 26.2%. This property is undervalued, providing an attractive entry point for potential investors. Buy-to-flip angle. An investment strategy focused on resale could capitalize on the undervalued status of the property, potentially achieving a higher sale price after renovations, taking advantage of the ongoing housing demand in the area. Buy-to-let angle. While the gross yield is currently 0% due to no estimated rental income, the long-term rental strategy may appeal to families seeking housing in the suburban Lisbon vicinity, ensuring steady occupancy rates and eventual cash flow.
Fair value modelled at €284,039 from the area baseline, adjusted for condition and location. Asking €225,000 sits €59,039 (26.2%) below — the upside to fair value.
Asking €225,000 versus the rua Bernardino de Oliveira, 15 area baseline of €265,582 (€4,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 (Condition 62 · Materials 55 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 85 · Amenities 75 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua Bernardino de Oliveira, 15
Area baseline €265,582 + condition -€13,412 + location +€31,870 = modelled fair value of €284,039 (€4,897/m²), a €59,039 (26.2%) gap versus the €225,000 asking price.
Long-term rental The 1-bed apartment in Algés presents an attractive opportunity for long-term rental due to its 26.2% gap below fair value, enhancing potential appreciation over time. With a neighborhood rating of 80/100, this location is likely to attract quality tenants seeking proximity to Lisbon. Buy-and-hold Investing in this property aligns well with a buy-and-hold strategy, as the apartment is subvalued at €225,000 compared to a fair value of €284,039. The suburban setting is benefiting from Lisbon's economic growth, promising potential gains as the market strengthens. Family rental This property offers a favorable scenario for family rentals with its appealing neighborhood and good condition rating of 60/100, despite the absence of immediate cash flow. The location's proximity to Lisbon makes it a desirable option for families, ensuring steady demand in the long run.
Economic Sensitivity Risk The property is exposed to economic downturns despite having a relatively high economic stability score of 80/100, which could impact tenant demand and rental income.