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 104 m², built in 1975, energy rating C. Located on avenida Engenheiro Francisco de Lencastre Garrett, Massamá e Monte Abraão parish, Sintra municipality, Lisbon district. Noteworthy Features: The apartment includes a closed garage with independent access, potentially allowing for additional rental income or personal use, and retains original features from its 1975 construction.
The valuation. The asking price of €150,000 sits €46,672 (31.1%) below the fair value of €196,672, indicating that this property is subpriced relative to its market potential.
Fair value modelled at €196,672 from the area baseline, adjusted for condition and location. Asking €150,000 sits €46,672 (31.1%) below — the upside to fair value.
Asking €150,000 versus the avenida Engenheiro Francisco de Lencastre Garrett area baseline of €223,184 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 46/100 (Condition 42 · Materials 47 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
avenida Engenheiro Francisco de Lencastre Garrett
Area baseline €223,184 + condition -€47,938 + location +€21,426 = modelled fair value of €196,672 (€1,891/m²), a €46,672 (31.1%) gap versus the €150,000 asking price.
Long-term rental An investment in long-term rental for this 2-bed apartment yields a gross return of 8.4%, making it an attractive opportunity given the fair value is significantly higher than the listing price. With a neighborhood rating of 74/100, the area is expected to attract stable tenants seeking affordability near Lisbon. Family rental This property is ideal for family rental as it offers decent space at 104m² and is positioned in a well-rated neighborhood. The fair value of €196,672 indicates a safe investment, and the 8.4% yield enhances the financial appeal for potential family renters. Buy-and-hold For a buy-and-hold strategy, the 31.1% gap from fair value suggests strong potential for capital appreciation over time. Investors can benefit from both a solid gross yield of 8.4% and the favorable demographic characteristics of the area. Not ideal for short-term vacation rental Given the lower score of the property's condition (46/100) and the neighborhood dynamics, this location is not suited for short-term vacation rentals where high standards are expected. The lack of amenities typically associated with tourist demands further reinforces this assertion. Not ideal for student housing The property is less suitable for student housing because the tenant quality may not align with the typical demands of a student demographic. The space and neighborhood features are more conducive to families rather than transient student renters. Not ideal for the luxury market The apartment's rating and condition reflect a property that does not meet luxury market standards, which typically require higher condition and neighborhood scores. Therefore, it is unlikely to attract high-end buyers or renters.
Economic Dependence Risk The area has a relatively high economic stability score of 80/100, but with a tenant stability score of 75/100, there's a risk that economic fluctuations could lead to higher vacancy rates affecting rental income.