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, 2-bathroom apartment of 82 m² on the 3rd floor, energy rating D. Located on travessa Pinto Correia, 12, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Located just a few minutes from Cruz Quebrada Beach, this property benefits from a strategic location overseeing upcoming waterfront redevelopment projects, enhancing its investment potential.
The valuation. The asking price of €519,000 exceeds the fair value of €453,620 by €65,380, which accounts for a 14.4% markup. The property is considered overpriced based on valuation assessments.
Fair value modelled at €453,620 from 6 comparable sales in the area. Asking €519,000 sits €65,380 (14.4%) above — overpriced versus fair value.
Asking €519,000 versus the travessa Pinto Correia, 12 area baseline of €417,584 (€5,092/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 is above the parish average, lifting 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 €417,584, adjusted for condition and micro-location, gives a modelled fair value of €453,620 (€5,532/m²), a €65,380 (14.4%) gap versus the €519,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Pinto Correia, 12 | Subject | €519,000 | €6,329 | — | 76 | 73 |
| avenida Combatentes da Grande Guerra | Active | €950,000 | €7,540 | 19.1% | 71 | 78 |
| rua Vicente Dias | Active | €740,000 | €5,564 | 12.1% | 80 | 72 |
| Carnaxide e Queijas · 99f4f6 | Active | €580,000 | €4,793 | 24.3% | 75 | 80 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 23f2c6 | Active | €439,000 | €4,772 | 24.6% | 78 | 75 |
| Median comp | €660,000 | €5,179 | 18.2% | 77 | 77 |
Long-term rental The apartment's asking price of €519,000 exceeds its fair value by 14.4%, indicating it is overpriced and does not align with adequate returns for a long-term rental strategy. With a gross yield of only 3%, this investment may struggle to attract tenants seeking a balance of price and quality in a competitive rental market. Buy-and-hold Investing in this property at €519,000 places it above its fair value, resulting in a potential capital loss if market conditions do not improve. The combination of a low yield of 3% and the apartment's condition score of 74/100 suggests holding this asset long-term may not yield optimal returns. Family rental While the property is situated in a suburban area of Lisbon with low crime rates, the current price of €519,000 makes it overly expensive relative to its fair value. The modest gross yield of 3% and the current condition suggest that this apartment may not be the best choice for families searching for value in their rental accommodations.
Tenant turnover risk High tenant turnover is expected due to the low tenant stability score of 55/100, which may lead to increased vacancy rates and associated costs.
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