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, 2-bathroom apartment of 117 m², built in 2007, energy rating D. Located on rua Major António Pereira de Almeida, 2, Venda do Pinheiro e Santo Estêvão das Galés parish, Mafra municipality, Lisbon district. Parking Space included in a quiet area, complemented by central heating and a built-in sound system for enhanced living comfort.
The valuation. The asking price of €350,000 exceeds the fair value of €296,879 by €53,121 (17.9%), indicating that the property is overpriced. This discrepancy suggests caution for potential buyers. Buy-to-flip angle. A buy-to-flip strategy may not be viable due to the high asking price, limiting potential renovation investments before resale. Quick appreciation in a suburban setting could enhance resale values if market conditions improve. Buy-to-let angle. With an estimated rental income of €904/month, the gross yield stands at 3.1%, reflecting the property's potential as a long-term rental investment. This yield may be marginally lower than ideal, but the proximity to Lisbon supports tenant demand.
Fair value modelled at €296,879 from 6 comparable sales in the area. Asking €350,000 sits €53,121 (17.9%) above — overpriced versus fair value.
Asking €350,000 versus the rua Major António Pereira de Almeida, 2 area baseline of €305,912 (€2,615/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €305,912, adjusted for condition and micro-location, gives a modelled fair value of €296,879 (€2,537/m²), a €53,121 (17.9%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Major António Pereira de Almeida, 2 | Subject | €350,000 | €2,991 | — | 74 | 67 |
| rua Major António Pereira de Almeida, 3C | Active | €370,000 | €3,162 | 5.7% | 70 | 68 |
| Venda do Pinheiro e Santo Estêvão das Galés · d747fa | Active | €445,000 | €2,928 | 2.1% | 76 | 70 |
| rua 25 de Abril | Active | €335,000 | €1,893 | 36.7% | 80 | 62 |
| rua Várzea da Lapa S / N | Active | €480,000 | €1,579 | 47.2% | 73 | 73 |
| Median comp | €407,500 | €2,411 | 19.4% | 75 | 69 |
Long-term rental The 2-bed apartment in Venda do Pinheiro e Santo Estêvão das Galés, priced at €350,000, is overpriced by 17.9% compared to its fair value of €296,879. With a gross yield of 3.1% and a neighbourhood score of 67/100, the investment presents moderate risks for long-term rental success. Family rental Although the property could cater to families looking for space, its current price of €350,000 reflects a significant 17.9% premium over the fair value. The relatively lower neighbourhood rating of 67/100 may further limit its appeal for family rentals in the long run. Buy-and-hold The buy-and-hold strategy faces challenges as the property is currently listed at €350,000, which exceeds the fair value by 17.9%. Given the gross yield of 3.1% and a condition rating of 77/100, potential appreciation may not compensate for the high entry price in the suburban market of Mafra.
Economic Vulnerability The property's economic stability score of 65/100 indicates a moderate risk, suggesting potential fluctuations in revenue due to economic uncertainties.
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