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.
4-bedroom, 2-bathroom apartment of 144 m², built in 1998, energy rating D. Located on avenida Bombeiros Voluntários de Algés, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. This apartment features high-quality window frames that provide exceptional sound insulation and thermal comfort, along with a cozy living room fireplace for added ambiance.
The valuation. The asking price of €695,000 sits €26,977 above fair value, representing a 4.0% premium. This aligns with the verdict of fair, indicating that the property is reasonably priced within the current market context.
Fair value modelled at €668,023 from 6 comparable sales in the area. Asking €695,000 sits €26,977 (4.0%) above — overpriced versus fair value.
Asking €695,000 versus the avenida Bombeiros Voluntários de Algés area baseline of €610,708 (€4,241/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €610,708, adjusted for condition and micro-location, gives a modelled fair value of €668,023 (€4,639/m²), a €26,977 (4.0%) gap versus the €695,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Bombeiros Voluntários de Algés | Subject | €695,000 | €4,826 | — | 70 | 78 |
| estrada do Zambujal | Active | €395,000 | €3,292 | 31.8% | 70 | 73 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 23f503 | Active | €520,000 | €4,860 | 0.7% | — | 77 |
| rua Major Afonso Palla | Active | €398,000 | €4,682 | 3.0% | 65 | 74 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 001966 | Active | €648,000 | €4,596 | 4.8% | 65 | 74 |
| Median comp | €459,000 | €4,639 | 3.9% | 65 | 74 |
Long-term rental This 4-bed apartment in Algés is positioned within the Lisbon metropolitan area, which benefits from robust housing demand, ensuring steady long-term rental income. With a gross yield of 2.7%, the property reflects fair market value, making it a reliable choice for passive income without the risk of significant capital appreciation. Family rental The property’s spacious layout and 4-bedroom configuration appeal to families seeking comfortable living in a suburban setting known for safety and amenities. Given its fair valuation with a slight 4.0% gap from fair value, it can cater well to this demographic, though the yield suggests modest profitability. Buy-and-hold Investing in this property for the long term aligns with the favorable economic indicators of the Lisbon suburbs, which typically show resilience in price performance. While the apartment is fairly priced at €695,000, its potential for gradual appreciation remains limited, making it a stable but not a high-growth investment option.
Economic downturn risk A potential economic downturn could impact both the economic and tenant stability scores, which are currently at 75/100, leading to decreased rental revenue and increased vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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