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, 1-bathroom apartment of 96 m², built in 1988, energy rating C. Located on avenida Bombeiros Voluntários de Algés, 29, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Unique Feature: The apartment features a renovated bathroom with fully updated plumbing from just two years ago, enhancing both functionality and modernity in a well-maintained space.
The valuation. The asking price of €295,000 is significantly below the fair value of €476,276, indicating a difference of €181,276 (61.4%). This property is underpriced, presenting a strong opportunity for investment.
Fair value modelled at €476,276 from the area baseline, adjusted for condition and location. Asking €295,000 sits €181,276 (61.4%) below — the upside to fair value.
Asking €295,000 versus the avenida Bombeiros Voluntários de Algés, 29 area baseline of €439,584 (€4,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida Bombeiros Voluntários de Algés, 29
Area baseline €439,584 + condition -€3,750 + location +€40,442 = modelled fair value of €476,276 (€4,961/m²), a €181,276 (61.4%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Bombeiros Voluntários de Algés, 29 | Subject | €295,000 | €3,073 | — | 70 | 73 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 82c71d | Active | €430,000 | €3,739 | 21.7% | 70 | 81 |
| praceta Gomes Leal, 2 | Active | €580,000 | €4,531 | 47.5% | 76 | 74 |
| praceta António Enes, 1 | Active | €495,000 | €3,667 | 19.3% | 74 | 77 |
| largo da Pirâmide | Active | €395,000 | €4,202 | 36.7% | 72 | 76 |
| Median comp | €462,500 | €3,971 | 29.2% | 73 | 77 |
Short-term vacation rental This property presents a strong opportunity for short-term vacation rentals, given its competitive gross yield of 5.4% and the significant gap of 61.4% from its fair value of €476,276. The demand in the Greater Lisbon area makes it an attractive location for tourists seeking comfortable accommodations. Long-term rental The apartment's favorable gross yield of 5.4% positions it well for long-term rental strategies, benefitting from the strong rental demand in the Greater Lisbon area. With a property condition score of 73/100, it is suitable for attracting quality tenants while providing reliable cash flow. Buy-and-hold Investing in this property as a buy-and-hold strategy is appealing due to the significant undervaluation of 61.4% against its fair market value, providing excellent room for appreciation over time. The area benefits from suburban advantages, including lower crime rates, making it a stable investment for the future.
Tenant turnover risk High tenant turnover could occur due to a tenant stability score of 70/100, indicating that the likelihood of tenants remaining is lower than average, which may affect the income stream negatively.
