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 85 m², energy rating D. Located on rua Major Afonso Palla, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: The top-floor attic layout offers unique wooden finishes and excellent sunlight exposure, alongside panoramic views of the Tagus River and sea, enhancing the living experience.
The valuation. The asking price of €398,000 is below the fair value of €418,877 by €20,877 (5.2%), indicating the property is underpriced in the current market. This offers a favorable entry point for potential investors.
Fair value modelled at €418,877 from the area baseline, adjusted for condition and location. Asking €398,000 sits €20,877 (5.2%) below — the upside to fair value.
Asking €398,000 versus the rua Major Afonso Palla area baseline of €389,215 (€4,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 65 · Materials 72 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Major Afonso Palla
Area baseline €389,215 + condition -€7,703 + location +€37,365 = modelled fair value of €418,877 (€4,928/m²), a €20,877 (5.2%) gap versus the €398,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Major Afonso Palla | Subject | €398,000 | €4,682 | — | 65 | 74 |
| rua Mata de São Mateus, 13 | Active | €360,000 | €6,000 | 28.1% | 65 | 74 |
| estrada do Zambujal | Active | €395,000 | €3,292 | 29.7% | 70 | 73 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 82c79f | Active | €380,000 | €4,750 | 1.4% | 70 | 72 |
| Carnaxide e Queijas · 4bb052 | Active | €440,000 | €5,867 | 25.3% | 75 | 77 |
| Median comp | €387,500 | €5,309 | 13.4% | 70 | 74 |
Long-term rental The property offers a competitive gross yield of 3.7%, which aligns well with the demand for stable long-term rentals in this area. Given its location in the Lisbon metro region and positive neighborhood ratings, this investment is likely to attract reliable tenants over time. Family rental With a spacious 85m² layout and proximity to local amenities, this apartment is well-suited for families seeking comfortable living in Algés. The neighborhood's favorable score of 74/100 indicates a supportive environment for family rentals, enhancing its attractiveness. Buy-and-hold The property is underpriced at €398,000, presenting a potential appreciation opportunity against the fair value of €418,877. In a market with high tenant quality and favorable economic conditions, a buy-and-hold strategy could yield significant long-term returns. Not ideal for short-term vacation rental The property’s size and amenities do not cater well to the short-term vacation rental market, limiting its appeal to tourists. Additionally, the 69/100 condition rating suggests that more investment would be needed to meet the expectations of short-term visitors. Not ideal for luxury market Although located within a robust neighborhood, this apartment does not possess the features typical of the luxury market segment. Its valuation and condition indicate that it may not satisfy the premium demands of high-end buyers.
Economic Vulnerability A 75/100 economic stability score indicates a moderate risk for potential downturns that could impact property values and rental income.
