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 97 m² on the 1st floor, built in 1970, energy rating D. Located on rua Dom Francisco Manuel de Melo, Queluz e Belas parish, Sintra municipality, Lisbon district. Noteworthy Features: The apartment includes an enclosed balcony that can serve as a versatile leisure area or office, enhancing its functionality and appeal for modern living. Condition Notes: Double-glazed windows and a pantry add to the property's practicality, ensuring comfort and efficient storage solutions.
The valuation. The asking price of €365,000 sits €53,075 (12.7%) below the fair value of €418,075. This indicates the property is underpriced, presenting an attractive entry point for investors. Buy-to-flip angle. The goal for a buy-to-flip strategy would involve renovating the apartment to enhance its finishes, maximizing resale potential based on increasing demand in the area. Targeting a price point above €418,075 upon completion could yield substantial profits. Buy-to-let angle. A buy-to-let approach estimates the rental income around €973 per month, translating to a gross yield of 3.2%. This consistent income stream can appeal particularly to long-term rental and family-oriented tenants, benefiting from the suburban setting near Lisbon.
Fair value modelled at €418,075 from 6 comparable sales in the area. Asking €365,000 sits €53,075 (12.7%) below — the upside to fair value.
Asking €365,000 versus the rua Dom Francisco Manuel de Melo area baseline of €371,653 (€3,831/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €371,653, adjusted for condition and micro-location, gives a modelled fair value of €418,075 (€4,310/m²), a €53,075 (12.7%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Francisco Manuel de Melo | Subject | €365,000 | €3,763 | — | 70 | 79 |
| rua Gomes Freire, 2 | Active | €289,000 | €4,129 | 9.7% | 62 | 73 |
| Queluz e Belas · b328b6 | Active | €305,000 | €3,588 | 4.6% | 70 | 76 |
| Falagueira-Venda Nova · 4393b8 | Active | €329,000 | €4,700 | 24.9% | — | 71 |
| Venteira · b32be8 | Active | €265,000 | €4,492 | 19.4% | 60 | 75 |
| Median comp | €297,000 | €4,311 | 14.6% | 62 | 74 |
Long-term rental The 2-bed apartment in Queluz e Belas, with a fair value of €418,075, presents a compelling opportunity for long-term rental strategies given its 3.2% gross yield. The neighborhood's high score of 79/100 suggests a desirable location for tenants, making it a solid investment for stable rental income. Family rental This property is well-suited for family rentals, benefiting from its spacious 97m² layout and the suburban advantage of low crime rates in the area. Additionally, with a gap of 12.7% from fair value, it offers a promising upside potential appealing to families seeking quality living environments. Buy-and-hold Investing in the buy-and-hold strategy for this apartment can capitalize on its subvalorizada pricing relative to the fair market value. The strong tenant quality and neighborhood amenities enhance the prospect of long-term appreciation and rental stability.
Economic Downturn Risk A slight fluctuation in the economy could impact tenant stability due to the scores, with an economic stability at 85/100 suggesting some resilience, but the 75/100 tenant stability indicating potential vulnerability to market changes.
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