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 82 m² on the 3rd floor, energy rating C. Located on rua Nuno Gonçalves, 11, Algueirão-Mem Martins parish, Sintra municipality, Lisbon district. This apartment includes a converted balcony that adds additional living space, and features a real brick tile wall, enhancing its modern aesthetic and character.
The valuation. The asking price of €290,000 is above the fair value of €263,719 by €26,281 (10.0%). Overall, the property's valuation sits fairly against market standards.
Fair value modelled at €263,719 from 6 comparable sales in the area. Asking €290,000 sits €26,281 (10.0%) above — overpriced versus fair value.
Asking €290,000 versus the rua Nuno Gonçalves, 11 area baseline of €257,062 (€3,135/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €257,062, adjusted for condition and micro-location, gives a modelled fair value of €263,719 (€3,216/m²), a €26,281 (10.0%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nuno Gonçalves, 11 | Subject | €290,000 | €3,537 | — | 75 | 71 |
| rua João Maria Magalhães Ferraz | Active | €299,900 | €3,370 | 4.7% | 75 | 70 |
| rua Elias Garcia | Active | €200,000 | €2,857 | 19.2% | 75 | 76 |
| Algueirão-Mem Martins · 4d46c5 | Active | €310,000 | €3,523 | 0.4% | 74 | 73 |
| rua José Dias Coelho, 6 | Active | €245,000 | €3,063 | 13.4% | 81 | 63 |
| Median comp | €272,450 | €3,217 | 9.1% | 75 | 72 |
Long-term rental The 2-bed apartment in Algueirão-Mem Martins offers a fair investment opportunity with a gross yield of 3.8%, aligning well with current market conditions. Its proximity to Lisbon's job market suggests steady demand, supporting the potential for long-term rental stability despite the property being fairly priced. Family rental The apartment's size and neighborhood quality make it suitable for family rentals, appealing to tenants seeking residential stability near Lisbon. While priced fairly at €290,000, the area’s amenities and connectivity are favorable for families, although potential renters may require assurance of the property's long-term value. Buy-and-hold Investing in this property as a buy-and-hold strategy may yield reasonable returns due to its fair valuation, but competition in more desirable neighborhoods could limit price appreciation. The steady demand driven by its suburban location and family-friendly features provides a foothold in the Greater Lisbon market, though it is essential to monitor market trends closely given the current pricing.
Tenant turnover risk With a tenant stability score of 65/100, there is a notable risk of higher turnover rates, potentially leading to increased vacancy periods and costs associated with finding new tenants.
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