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.
3-bedroom, 1-bathroom apartment of 105 m², energy rating D. Located on rua Major Afonso Palla, 9, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: The apartment includes a spacious 80 m² private terrace, ideal for outdoor entertainment and gardening, enhancing its appeal in a desirable location of Oeiras.
The valuation. The asking price of €580,000 sits €49,540 (9.3%) above the fair value of €530,460, indicating a stable investment with potential for appreciation. The valuation recognizes the property as fairly priced. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the property's dated decor and moderate-quality materials, aiming for a resale at a higher price point post-renovation. With upgrades, it may attract buyers willing to pay a premium. Buy-to-let angle. The estimated rental income of €1,450/month offers a gross yield of 3%, making it a viable buy-to-let option. This suburban location provides stable demand from families looking for long-term rental solutions.
Fair value modelled at €530,460 from 6 comparable sales in the area. Asking €580,000 sits €49,540 (9.3%) above — overpriced versus fair value.
Asking €580,000 versus the rua Major Afonso Palla, 9 area baseline of €526,604 (€5,015/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 59/100 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 €526,604, adjusted for condition and micro-location, gives a modelled fair value of €530,460 (€5,052/m²), a €49,540 (9.3%) gap versus the €580,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Major Afonso Palla, 9 | Subject | €580,000 | €5,524 | — | 60 | 74 |
| Belém · be93e5 | Active | €440,000 | €5,176 | 6.3% | 55 | 78 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 483a9e | Active | €340,000 | €4,928 | 10.8% | 55 | 75 |
| rua Major Afonso Palla | Active | €398,000 | €4,682 | 15.2% | 65 | 74 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 99f369 | Active | €399,000 | €4,586 | 17.0% | 64 | 69 |
| Median comp | €398,500 | €4,805 | 13.0% | 60 | 75 |
Long-term rental The property is priced at €580,000, which is 9.3% above its fair value of €530,460, indicating a fair pricing scenario. With a gross yield of 3%, this property is suitable for long-term rental but may not offer significant immediate returns. Family rental Given its suburban location and stable tenant pool, this property could successfully serve as a family rental, though it is listed above fair value. The community's low crime rate and solid amenities enhance its appeal to potential long-term tenants looking for a safe environment. Buy-and-hold As a buy-and-hold investment, this property aligns with the steady housing demand in the area, despite being priced fairly. While it offers modest returns through rental income, its fair valuation suggests that appreciation potential should be monitored closely over time.
Tenant turnover risk: With a tenant stability score of 75/100, there remains a potential risk of moderate tenant turnover, which could impact rental income consistency.
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