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, 2-bathroom apartment of 93 m², built in 1951, energy rating C. Located on rua 7 de Junho, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: The apartment's distinctive architecture and modern renovation blend classic charm with contemporary functionality, offering exceptional river views from both sides that enhance its appeal.
The valuation. The asking price of €495,000 sits €7,153 (1.4%) above the fair value of €487,847. This indicates the property is overpriced. Buy-to-flip angle. A wholesale strategy could involve minor renovations to enhance appeal, targeting a future resale price beyond the €495,000 asking. Buy-to-let angle. With an estimated rental income of €1,196/month, the gross yield stands at 2.9%, making it suitable for long-term family rentals in a desirable suburb.
Fair value modelled at €487,847 from the area baseline, adjusted for condition and location. Asking €495,000 sits €7,153 (1.4%) above — overpriced versus fair value.
Asking €495,000 versus the rua 7 de Junho area baseline of €425,847 (€4,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 85 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua 7 de Junho
Area baseline €425,847 + condition +€10,898 + location +€51,102 = modelled fair value of €487,847 (€5,246/m²), a €7,153 (1.4%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 7 de Junho | Subject | €495,000 | €5,323 | — | 80 | 80 |
| Carnaxide e Queijas · 96c0fa | Active | €395,000 | €4,938 | 7.2% | 82 | 74 |
| rua Antero de Quental | Active | €425,000 | €5,183 | 2.6% | 75 | 76 |
| Carnaxide e Queijas · 99f47c | Active | €385,000 | €5,423 | 1.9% | 85 | 76 |
| rua Cesário Verde, 3 | Active | €360,000 | €5,902 | 10.9% | 84 | 71 |
| Median comp | €390,000 | €5,303 | 0.4% | 83 | 75 |
Long-term rental The 2-bed apartment in Algés is priced at €495,000, which exceeds the fair value of €487,847 by 1.4%, indicating it is overpriced. With a gross yield of 2.9% and an overall condition rating of 83/100, the investment does not align favorably with the current market expectations for rental returns. Family rental Given its pricing above fair value, the apartment is considered overpriced at €495,000 compared to the fair value of €487,847. Although the neighborhood is solid with a rating of 80/100, the 2.9% gross yield suggests limited upside for families seeking rental properties. Buy-and-hold The apartment in Algés presents a significant investment concern as it is listed at €495,000, which is 1.4% above its fair value of €487,847 and thus overpriced. While the property benefits from a good condition score of 83/100, the low yield of 2.9% does not justify the investment in a buy-and-hold strategy at this price point.
Tenant turnover risk The tenant stability score of 75 indicates a moderate risk of tenant turnover, which could lead to periods of vacancy and loss of rental income.