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 95 m², built in 1997, energy rating D. Located on tapada das Merces, Algueirão-Mem Martins parish, Sintra municipality, Lisbon district. Noteworthy Features: The apartment includes a spacious 9m² hall and a pantry, providing additional storage options in a residential area with convenient access to shops and public transportation.
The valuation. The asking price of €295,000 is positioned below the fair value of €331,727 by €36,727 (12.4%). This suggests the property is underpriced.
Fair value modelled at €331,727 from the area baseline, adjusted for condition and location. Asking €295,000 sits €36,727 (12.4%) below — the upside to fair value.
Asking €295,000 versus the tapada das Merces area baseline of €275,405 (€2,899/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 58 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
tapada das Merces
Area baseline €275,405 + condition -€19,297 + location +€24,793 = modelled fair value of €331,727 (€3,492/m²), a €36,727 (12.4%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| tapada das Merces | Subject | €295,000 | €3,105 | — | 58 | 69 |
| rua Capitão Salgueiro Maia | Active | €295,000 | €3,041 | 2.1% | 65 | 73 |
| rua Eça de Queiroz | Active | €266,500 | €1,851 | 40.4% | 60 | 73 |
| Median comp | €280,750 | €2,446 | 21.2% | 63 | 73 |
Long-term rental The property presents a consistent gross yield of 3.8%, making it a solid choice for long-term rental investment. Given the fair value assessment of €331,727 compared to the listing price of €295,000, there is a potential to generate favorable cash flow with increasing property value. Family rental With a fair value gap of 12.4%, this 2-bed apartment provides an appealing opportunity for family rentals within a suburban area of the Lisbon metropolitan region. The neighborhood's decent quality rating of 69/100 enhances the residence's attractiveness to families seeking stability and community engagement. Buy-and-hold Investing in this property aligns well with a buy-and-hold strategy, bolstered by its pricing below fair value and the potential for appreciation over time. The condition score of 62/100 indicates that while some renovations might be needed, the property is still in a reasonable state to hold for long-term gains.
Tenant turnover risk The combination of a 65 economic stability score and a 70 tenant stability score suggests a moderate risk of tenant turnover, which could impact cash flow and overall returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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