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 102 m², built in 2004, energy rating D. Located on rua Melquíades Marques, União das Freguesias do Cacém e São Marcos parish, Sintra municipality, Lisbon district. This apartment features a spacious living room with a balcony, perfect for enjoying outdoor views and ample natural light throughout the day.
The valuation. The asking price of €299,000 exceeds the fair value of €222,217 by €76,783, resulting in a significant overpricing of 25.7%. This indicates that potential investors may face challenges with expected returns in the long term.
Fair value modelled at €222,217 from the area baseline, adjusted for condition and location. Asking €299,000 sits €76,783 (25.7%) above — overpriced versus fair value.
Asking €299,000 versus the rua Melquíades Marques area baseline of €218,892 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 68 · Materials 65 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Melquíades Marques
Area baseline €218,892 + condition -€15,938 + location +€19,262 = modelled fair value of €222,217 (€2,179/m²), a €76,783 (25.7%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Melquíades Marques | Subject | €299,000 | €2,931 | — | 68 | 72 |
| União das Freguesias do Cacém e São Marcos · 7354a3 | Active | €265,000 | €3,313 | 13.0% | 70 | 73 |
| rua Professor Rui Luís Gomes | Active | €300,000 | €2,609 | 11.0% | 68 | 62 |
| União das Freguesias do Cacém e São Marcos · cfdf0b | Active | €288,000 | €3,130 | 6.8% | 73 | 73 |
| Agualva e Mira-Sintra · 023c98 | Active | €320,000 | €3,299 | 12.5% | 70 | 73 |
| Median comp | €294,000 | €3,215 | 9.7% | 70 | 73 |
Long-term rental The apartment's gross yield of 3.8% suggests moderate income potential in a suburban area near Lisbon; however, the current listing price reflects a 25.7% gap from its fair value of €222,217, making it overpriced. With a decent neighborhood rating of 72/100, securing a long-term tenant may take longer due to the high entry cost. Family rental While the property is located in a middle-class suburban area, the €299,000 listing price exceeds its fair value, resulting in a substantial 25.7% overpricing, which may deter potential family renters. The apartment's 65/100 condition indicates that further investment might be required to make it more appealing to family-oriented tenants. Buy-and-hold Investing in this property as a buy-and-hold strategy may not yield satisfactory returns given its 25.7% overpricing against the fair value of €222,217. Although the location offers proximity to Lisbon, the appraised condition and yield do not justify the current listing price, casting doubts on long-term appreciation potential.
Economic Downturn Vulnerability There is a risk that a future economic downturn could negatively impact the property given a moderately lower economic stability score of 70/100.
