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 97 m², built in 1996, energy rating E. Located on praceta José Magalhães Godinho, 1, Algueirão-Mem Martins parish, Sintra municipality, Lisbon district. Noteworthy Features: The apartment benefits from two balconies that enhance natural light and provide outdoor space, as well as built-in wardrobes for additional storage solutions.
The valuation. The asking price of €285,000 is significantly above the fair value of €211,629, representing an overvaluation of €73,371 or 25.7%. This property is not aligned with its market value based on comparative analysis.
Fair value modelled at €346,560 from the area baseline, adjusted for condition and location. Asking €285,000 sits €61,560 (21.6%) below — the upside to fair value.
Asking €285,000 versus the praceta José Magalhães Godinho, 1 area baseline of €333,098 (€3,434/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 68 · Materials 62 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 70/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
praceta José Magalhães Godinho, 1
Area baseline €333,098 + condition -€13,186 + location +€26,648 = modelled fair value of €346,560 (€3,573/m²), a €61,560 (21.6%) gap versus the €285,000 asking price.
Long-term rental The 2-bed apartment in Algueirão-Mem Martins is currently listed at €285,000, exceeding its fair value of €211,629 by 25.7%, indicating it is overpriced for long-term rental purposes. A gross yield of 3.9% does not compensate for the high cost, limiting the potential for positive cash flow in a competitive rental market. Family rental While the property is located in a suburban area of Algueirão-Mem Martins with good family amenities, its current price of €285,000 is 25.7% above the fair value of €211,629, rendering it overpriced for a family rental strategy. The yield of 3.9% may not attract families seeking value, especially in relation to comparable properties in the area. Buy-and-hold The investment in the 2-bed apartment for a buy-and-hold strategy appears unfavorable due to its overpriced listing of €285,000, significantly above the fair value of €211,629, which creates a 25.7% valuation gap. Considering the yield of 3.9%, the property lacks the financial resilience necessary for long-term appreciation in a steadily growing region like Algueirão-Mem Martins.
Economic volatility risk Despite a relatively high economic stability score of 75, the 70 tenant stability score indicates potential volatility in rental income, suggesting a risk of decreased cash flow if tenant turnover is higher than expected.
