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 54 m² on the 2nd floor, built in 1988, energy rating E. Located Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: The apartment boasts a recently renovated roof that enhances the building's overall upkeep and a common terrace ideal for relaxing while enjoying the river view.
The valuation. The asking price of €349,900 is significantly above fair value, which sits at €264,582, resulting in an overpriced assessment of €85,318 (32.2%).
Fair value modelled at €264,582 from 6 comparable sales in the area. Asking €349,900 sits €85,318 (32.2%) above — overpriced versus fair value.
Asking €349,900 versus the Algés, Linda-a-Velha e Cruz Quebrada-Dafundo, Oeiras, Lisbon area baseline of €266,581 (€4,937/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €266,581, adjusted for condition and micro-location, gives a modelled fair value of €264,582 (€4,900/m²), a €85,318 (32.2%) gap versus the €349,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 6a959a | Subject | €349,900 | €6,480 | — | 65 | 80 |
| rua João das Regras S / N | Active | €380,000 | €5,278 | 18.5% | 72 | 75 |
| rua João das Regras S / N | Active | €380,000 | €5,205 | 19.7% | 70 | 65 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 4681c0 | Active | €380,000 | €4,872 | 24.8% | 55 | 77 |
| Carnaxide e Queijas · 4d4060 | Active | €481,000 | €4,581 | 29.3% | 72 | 78 |
| Median comp | €380,000 | €5,039 | 22.2% | 71 | 76 |
Long-term rental The 2-bed apartment in Algés shows a significant disconnect from its fair value, being 32.2% overpriced, which raises concerns about the overall return on investment via long-term rental strategies. With a gross yield of only 2.9%, this property is unlikely to deliver satisfactory cash flow, making it less attractive for long-term holding. Family rental While the neighbourhood rates a solid 80/100, the property’s price point presents a risk that may deter potential family renters seeking value. Given the 2.9% gross yield and condition score of 61/100, this investment could lead to negative financial performance over time. Buy-and-hold The buy-and-hold strategy may not be ideal here due to the significant overpricing of the apartment at €349,900 compared to its fair value of €264,582. Investors might face prolonged stagnation in value appreciation and lower-than-expected rental income due to the high purchase price and relatively modest yield.
Tenant turnover risk Tenants may leave at a higher rate due to the tenant stability score of 70/100, potentially leading to increased vacancies and associated costs.
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