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, 2-bathroom apartment of 172 m², built in 1989, energy rating D. Located Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: The apartment features two balconies offering unobstructed views, enhancing outdoor space, and has significant renovation potential, ideal for creating a modern living environment in a sought-after location.
The valuation. The asking price of €585,000 sits significantly below fair value, which is estimated at €868,810, resulting in a difference of €283,810 (48.5%). Verdict: underpriced.
Fair value modelled at €868,810 from the area baseline, adjusted for condition and location. Asking €585,000 sits €283,810 (48.5%) below — the upside to fair value.
Asking €585,000 versus the Algés, Linda-a-Velha e Cruz Quebrada-Dafundo, Oeiras, Lisbon area baseline of €777,096 (€4,518/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 69 · Materials 76 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Algés, Linda-a-Velha e Cruz Quebrada-Dafundo, Oeiras, Lisbon
Area baseline €777,096 + condition -€6,987 + location +€88,210 = modelled fair value of €868,810 (€5,051/m²), a €283,810 (48.5%) gap versus the €585,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 7355b7 | Subject | €585,000 | €3,401 | — | 69 | 78 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 0dcd47 | Active | €585,000 | €4,179 | 22.9% | 72 | 75 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 96c727 | Active | €395,000 | €3,990 | 17.3% | 75 | 76 |
| praceta Soeiro Pereira Gomes, 3 | Active | €375,000 | €3,827 | 12.5% | 66 | 72 |
| praceta António Enes, 1 | Active | €495,000 | €3,667 | 7.8% | 74 | 77 |
| Median comp | €445,000 | €3,909 | 14.9% | 73 | 76 |
Long-term rental A 3-bed apartment in Algés presents an opportunity for stable long-term rental income, given its fair value of €868,810 compared to the listing price of €585,000, suggesting an attractive gap of 48.5%. With a gross yield of 4.1% and a solid neighborhood score of 78/100, the investment aligns well with typical residential demand in the Lisbon metropolitan area. Family rental This apartment in Algés holds potential as a family rental due to its spacious 172m² size and favorable neighborhood conditions. The property's fair value indicates significant upside potential while still appealing to families seeking a comfortable, secure environment in suburban Portugal. Buy-and-hold Investing in this property for a buy-and-hold strategy appears advantageous, as the €585,000 listing significantly underrepresents its fair value of €868,810. This discrepancy allows for appreciation over time, particularly in a market characterized by strong residential demand and low crime rates in surrounding areas.
Tenant turnover risk With a tenant stability score of 75/100, there is a potential risk of higher tenant turnover, which could affect cash flow stability and incur additional costs associated with leasing vacancies.
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