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 60 m², energy rating C. Located on avenida Principal, Queluz e Belas parish, Sintra municipality, Lisbon district. Noteworthy Features: This apartment includes two balconies, enhancing outdoor living space and adding to the overall appeal of the vibrant urban setting along Dr. Miguel Bombarda Avenue.
The valuation. The asking price of €260,000 is significantly above the fair value of €132,825, making it overpriced by €127,175 (48.9%). This indicates substantial room for negotiation or reevaluation of the investment's potential. Buy-to-flip angle. Given the current condition rating of 67/100, a buy-to-flip strategy could involve minor renovations to the apartment, aiming to resell at a higher price post-improvement. The goal would be to capitalize on localized demand for updated living spaces. Buy-to-let angle. With a gross yield of 4.3%, this apartment could generate an estimated rental income of €932 per month. Targeting family rentals aligns well with the suburban location and the stable neighborhood dynamics, promising steady occupancy.
Fair value modelled at €132,825 from the area baseline, adjusted for condition and location. Asking €260,000 sits €127,175 (48.9%) above — overpriced versus fair value.
Asking €260,000 versus the avenida Principal area baseline of €128,760 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida Principal
Area baseline €128,760 + condition -€7,781 + location +€11,846 = modelled fair value of €132,825 (€2,214/m²), a €127,175 (48.9%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Principal | Subject | €260,000 | €4,333 | — | 70 | 73 |
| Mina de Água · 95708a | Active | €250,000 | €3,571 | 17.6% | 67 | 70 |
| praceta Eça de Queiroz, 2 | Active | €290,000 | €3,766 | 13.1% | 68 | 74 |
| Queluz e Belas · 49b7ac | Active | €290,000 | €3,766 | 13.1% | 70 | 73 |
| Queluz e Belas · 893353 | Active | €335,000 | €3,564 | 17.8% | 70 | 68 |
| Median comp | €290,000 | €3,669 | 15.3% | 69 | 72 |
Long-term rental The 2-bed apartment in Queluz e Belas is strategically situated in a suburban area near Lisbon but is currently overpriced with a gap of 48.9% from its fair value. Despite offering a gross yield of 4.3% and being in a family-oriented neighbourhood, the high price limits its attractiveness as a long-term rental investment. Family rental While the property caters to families with a stable environment and a reasonable neighbourhood rating of 73/100, its current asking price does not align with fair market value. The significant gap in valuation suggests that the apartment is overpriced, presenting challenges for potential family rental profitability. Buy-and-hold Investing in the buy-and-hold strategy for this apartment seems less favorable given its overpriced status, with a valuation gap of nearly 49%. While the property may appeal to long-term investors interested in suburban living, the current market price significantly detracts from its long-term appreciation potential.
Stability Risk The economic and tenant stability scores of 70/100 indicate a moderate risk of fluctuations in rental income and potential tenant turnover, which could affect overall cash flow stability.
