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, energy rating F. Located Queluz e Belas parish, Sintra municipality, Lisbon district. Noteworthy Features: The apartment features a spacious balcony with views of the historic surroundings, enhancing outdoor living space, despite its need for extensive renovation and modernization.
The valuation. The asking price of €240,000 is significantly above the fair value of €153,266, representing an overpricing of €86,734 (36.1%). This property does not align with prudent investment fundamentals. Buy-to-flip angle. The buy-to-flip strategy would require a renovation to uplift the property's aesthetic and functionality, potentially increasing the resale value after improvements. Given current market conditions, a realistic profit margin seems challenging. Buy-to-let angle. The estimated monthly rental income of €1,160 leads to a gross yield of 5.8%, making it viable for long-term rental strategies. However, the condition of the property may limit tenant appeal and occupancy rates.
Fair value modelled at €153,266 from the area baseline, adjusted for condition and location. Asking €240,000 sits €86,734 (36.1%) above — overpriced versus fair value.
Asking €240,000 versus the Queluz e Belas, Sintra, Lisbon area baseline of €206,016 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 25/100 (Condition 20 · Materials 30 · Room dimensions 35). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 77/100 (Housing Market 80 · Amenities 75 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Queluz e Belas, Sintra, Lisbon
Area baseline €206,016 + condition -€75,000 + location +€22,250 = modelled fair value of €153,266 (€1,597/m²), a €86,734 (36.1%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Queluz e Belas · 65a807 | Subject | €240,000 | €2,500 | — | 20 | 77 |
| parque Central | Active | €250,000 | €2,778 | 11.1% | 20 | 73 |
| avenida Gago Coutinho, 51 4 | Active | €420,000 | €2,442 | 2.3% | 36 | 70 |
| rua Mestre Afonso Domingues | Active | €229,000 | €2,863 | 14.5% | 15 | 80 |
| parque Central | Active | €285,000 | €3,000 | 20.0% | 42 | 73 |
| Median comp | €267,500 | €2,821 | 12.8% | 28 | 73 |
Family rental The 3-bed apartment in Queluz e Belas presents a significant pricing gap of 36.1% above the fair value, indicating that it is overpriced. The property’s low condition rating of 25/100 may deter potential renters looking for family accommodations that meet their quality expectations. Long-term rental With a gross yield of 5.8%, the property may attract long-term tenants; however, the gap in pricing reflects its status as overpriced compared to its fair market value of €153,266. The suburban location enhances accessibility to Lisbon's job and educational opportunities, yet the high asking price could limit the target demographic's willingness to rent. Buy-and-hold As an investment for a buy-and-hold strategy, this property is deemed overpriced with a fair value discrepancy of 36.1%, suggesting potential challenges in realizing strong returns. While its long-term value may benefit from neighborhood growth, current pricing presents a risky investment landscape for long-term capital appreciation.
Moderate economic and tenant risk With both economic stability and tenant stability scores at 75/100, there is a moderate risk that external economic changes or tenant turnover could negatively impact rental income and property value.
