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 105 m², energy rating B. Located on rua Doutor Mário Charrua, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Noteworthy Features: This apartment includes two designated parking spaces and two storage rooms, along with access to a rooftop terrace offering panoramic views of Algés and Lisbon.
The valuation. The asking price of €649,000 sits €85,203 (15.1%) above the calculated fair value of €563,797, indicating that the property is overpriced. This disparity suggests caution for potential buyers, who may find better value elsewhere.
Fair value modelled at €563,797 from 6 comparable sales in the area. Asking €649,000 sits €85,203 (15.1%) above — overpriced versus fair value.
Asking €649,000 versus the rua Doutor Mário Charrua area baseline of €486,516 (€4,633/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €486,516, adjusted for condition and micro-location, gives a modelled fair value of €563,797 (€5,369/m²), a €85,203 (15.1%) gap versus the €649,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Mário Charrua | Subject | €649,000 | €6,181 | — | 75 | 80 |
| rua João Bastos, 5 | Active | €650,000 | €5,909 | 4.4% | 80 | 78 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 4bb008 | Active | €495,000 | €5,211 | 15.7% | 75 | 78 |
| rua Major Afonso Palla, 27 | Active | €475,000 | €4,750 | 23.2% | 76 | 81 |
| Belém · 1e64a3 | Active | €1,980,000 | €10,476 | 69.5% | 85 | 75 |
| Median comp | €572,500 | €5,560 | 10.0% | 78 | 78 |
Long-term rental The 2-bed apartment in Algés is currently priced at €649,000, which is 15.1% above its fair value of €563,797, indicating it is overpriced. The gross yield of 2.5% further emphasizes that this investment may not provide desirable returns in the long-term rental market. Family rental Despite the neighborhood's family-oriented characteristics, the apartment's listing price of €649,000 exceeds its fair value by 15.1%, making it a less attractive option for family rentals. Coupled with a gross yield of 2.5%, this investment does not align with the financial goals typically sought in family rental properties. Buy-and-hold The apartment's pricing at €649,000 suggests a significant overvaluation compared to the fair value of €563,797, placing it at a 15.1% premium. Given the modest gross yield of 2.5%, holding onto this property for potential appreciation may not be a sound strategy in a market characterized by suburban developments. Not ideal for Given its high listing price compared to the fair value, this property is not suitable for a short-term vacation rental strategy. Its pricing and yield profile also suggest it is ill-suited for the luxury market or for student housing.
Tenant turnover risk The tenant stability score of 75/100 indicates a potential for higher turnover, which could lead to increased vacancy and associated costs.
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