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 68 m², energy rating D. Located on praceta de Macau, 17, Algueirão-Mem Martins parish, Sintra municipality, Lisbon district. This apartment features a well-maintained kitchen with modern appliances and a balcony that offers views of the surrounding neighborhood, enhancing outdoor living space.
The valuation. The asking price of €271,000 reflects a premium over the fair value of €219,734, resulting in a discrepancy of €51,266, or 18.9%. This property is considered overpriced.
Fair value modelled at €219,734 from the area baseline, adjusted for condition and location. Asking €271,000 sits €51,266 (18.9%) above — overpriced versus fair value.
Asking €271,000 versus the praceta de Macau, 17 area baseline of €233,512 (€3,434/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 60 · Materials 55 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 55 · Amenities 55 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
praceta de Macau, 17
Area baseline €233,512 + condition -€21,250 + location +€7,472 = modelled fair value of €219,734 (€3,231/m²), a €51,266 (18.9%) gap versus the €271,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta de Macau, 17 | Subject | €271,000 | €3,985 | — | 60 | 58 |
| Algueirão-Mem Martins · 090232 | Active | €240,000 | €3,000 | 24.7% | 61 | 71 |
| beco Amoreira | Active | €275,000 | €3,354 | 15.8% | 60 | 73 |
| Algueirão-Mem Martins · 6d52d2 | Active | €260,000 | €3,250 | 18.5% | — | 72 |
| Algueirão-Mem Martins · 4bb7a4 | Active | €270,000 | €2,571 | 35.5% | 62 | 70 |
| Median comp | €265,000 | €3,125 | 21.6% | 61 | 72 |
Long-term rental The current asking price of €271,000 represents an 18.9% premium over the fair value of €219,734, making the asset overpriced for long-term rental purposes. With a yield of only 3.9% gross in a neighbourhood rated 58/100, the investment does not offer compelling returns compared to other market options. Family rental At a listing price significantly above its fair value, this property is not an ideal candidate for family rentals, where value and quality are key considerations. The neighbourhood conditions and the 55/100 property rating suggest limited appeal for families seeking long-term accommodation. Buy-and-hold While buy-and-hold investments can yield steady income, the current valuation of €271,000 indicates that this property is overpriced with a noticeable gap of 18.9% from its fair value. An investment in this asset may struggle to appreciate sufficiently over time given its relatively low yield and subpar condition in the market. Not ideal for This property does not suit the luxury market due to its condition and pricing disparity. Additionally, the short-term vacation rental strategy is undermined by its overpriced status and the quality of the neighbourhood, limiting its attractiveness to tourists.
Economic and Tenant Instability With both economic stability and tenant stability scores at 60/100, there's a moderate risk of decreased rental income and potential for higher vacancy rates.
