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 73 m², built in 1986, energy rating D. Located Queluz e Belas parish, Sintra municipality, Lisbon district. Noteworthy Features: This apartment boasts a spacious 19m² living room with balcony access, creating an inviting space for natural light and outdoor relaxation despite its basement location.
The valuation. The asking price of €188,000 sits €22,862 (12.2%) above the fair value of €165,138, indicating the property is overpriced. This discrepancy suggests caution for potential buyers looking for a fair market entry point.
Fair value modelled at €165,138 from the area baseline, adjusted for condition and location. Asking €188,000 sits €22,862 (12.2%) above — overpriced versus fair value.
Asking €188,000 versus the Queluz e Belas, Sintra, Lisbon area baseline of €156,658 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Queluz e Belas, Sintra, Lisbon
Area baseline €156,658 + condition -€7,186 + location +€15,666 = modelled fair value of €165,138 (€2,262/m²), a €22,862 (12.2%) gap versus the €188,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Queluz e Belas · 25f4b8 | Subject | €188,000 | €2,575 | — | 70 | 75 |
| Queluz e Belas · f3666f | Active | €279,000 | €3,402 | 32.1% | 69 | 70 |
| rua Sebastião da Gama, 5 | Active | €275,000 | €3,618 | 40.5% | 70 | 73 |
| rua Gonçalo Domingos da Silva | Active | €250,000 | €2,174 | 15.6% | 70 | 71 |
| rua João José de Aguiar, 6 | Active | €290,000 | €3,333 | 29.4% | 65 | 76 |
| Median comp | €277,000 | €3,368 | 30.8% | 70 | 72 |
Long-term rental The 2-bed apartment in Queluz e Belas is not an attractive long-term rental investment given its current listing price, which is 12.2% above the fair value. While the yield of 5.5% gross offers some potential, the property's overvaluation may result in lower tenant demand and reduced rental income. Family rental Investing in this apartment as a family rental strategy may not yield the expected returns, considering its listing price significantly exceeds fair value. A 5.5% gross yield appears promising, yet the property’s overpriced nature could deter families looking for value in an affordable suburban living environment. Buy-and-hold As a buy-and-hold investment, this property is unlikely to generate satisfactory long-term returns since it is overpriced at €188,000 compared to its fair value of €165,138. While the location near Lisbon provides some appeal, the current market conditions suggest that holding this asset may not be beneficial given the 12.2% gap from fair value.
Economic Vulnerability The economic stability score of 80/100 indicates a relatively strong economy, but this could lead to potential downturns, especially if tenant stability at 75/100 suggests a risk of vacancies in adverse conditions.
