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 96 m² on the 1st floor, energy rating D. Located on tapada da Mercês, Algueirão-Mem Martins parish, Sintra municipality, Lisbon district. This apartment features a functional kitchen equipped with modern hobs and an extractor fan, along with three well-lit bedrooms, with one offering access to private balconies.
The valuation. The asking price of €300,000 sits just €777 (0.3%) below the fair value of €300,777. This positioning reflects a fair valuation, suggesting that the property is reasonably priced against market expectations.
Fair value modelled at €300,777 from 6 comparable sales in the area. Asking €300,000 sits €777 (0.3%) below — the upside to fair value.
Asking €300,000 versus the tapada da Mercês area baseline of €311,857 (€3,249/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €311,857, adjusted for condition and micro-location, gives a modelled fair value of €300,777 (€3,133/m²), a €777 (0.3%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| tapada da Mercês | Subject | €300,000 | €3,125 | — | 73 | 68 |
| rua Professor Rui Luís Gomes | Active | €269,000 | €2,892 | 7.4% | 68 | 73 |
| rua Florbela Espanca S / N | Active | €342,000 | €3,138 | 0.4% | 75 | 72 |
| rua Professor Rui Luís Gomes, 11 | Active | €300,000 | €3,191 | 2.1% | 60 | 69 |
| rua Florbela Espanca | Active | €430,000 | €3,308 | 5.8% | 65 | 75 |
| Median comp | €321,000 | €3,165 | 1.3% | 67 | 73 |
Long-term rental The 3-bed apartment in Algueirão-Mem Martins's current price of €300,000 aligns closely with its fair value of €300,777, indicating the property is fairly priced. With a gross yield of 3.2%, this investment offers moderate returns, suitable for steady income generation through long-term rental agreements. Family rental At the fair price of €300,000, this apartment is a viable option for family rentals, accommodating the space and amenities needed for households. The proximity to Lisbon makes it appealing for families seeking employment opportunities while enjoying the quieter suburban lifestyle. Buy-and-hold Investing in this property at the fair price of €300,000 could be justifiable for a buy-and-hold strategy due to its stable valuation relative to fair value. The respectable tenant quality and neighborhood ratings suggest a reliable investment opportunity for long-term capital appreciation. Not ideal for Although this property is correctly priced, it falls short for short-term vacation rentals or luxury market investment due to its current condition rating and neighborhood attributes. The lack of unique features and higher market competition makes it a less suitable option for these strategies.
Economic Vulnerability The property faces risks due to a moderate economic stability score of 65/100, indicating potential fluctuations in the local economy that could impact tenant retention and rental income.
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