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 110 m² on the 6th floor, built in 1993, energy rating D. Located on rua Luís Simões, Queluz e Belas parish, Sintra municipality, Lisbon district. Noteworthy Features: Within walking distance to Queluz train station, this apartment offers unparalleled connectivity to both Lisbon and Sintra, enhancing daily commuting convenience.
The valuation. The asking price of €369,000 is slightly below the fair value of €379,620, representing a difference of €10,620 (2.8%). This positions the property at a fair price in the current market. Buy-to-flip angle. Given the average condition rating of 68/100, a buy-and-flip strategy might see modest cosmetic upgrades to maximize resale value while maintaining an overall conservative budget. Aiming for a targeted resale price above €400,000 could yield potential returns. Buy-to-let angle. With an estimated monthly rental income of €1,168, this property offers a gross yield of 3.8%. The suburban location benefits from accessibility to city amenities, making it attractive for long-term family rentals.
Fair value modelled at €379,620 from 6 comparable sales in the area. Asking €369,000 sits €10,620 (2.8%) below — the upside to fair value.
Asking €369,000 versus the rua Luís Simões area baseline of €319,847 (€2,908/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 €319,847, adjusted for condition and micro-location, gives a modelled fair value of €379,620 (€3,451/m²), a €10,620 (2.8%) gap versus the €369,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luís Simões | Subject | €369,000 | €3,355 | — | 70 | 73 |
| Venteira · 483df8 | Active | €325,000 | €3,533 | 5.3% | — | 73 |
| avenida Doutor Fernando Ricardo Ribeiro Leitão | Active | €415,000 | €2,986 | 11.0% | 65 | 81 |
| Falagueira-Venda Nova · 25f80b | Active | €425,000 | €3,542 | 5.6% | 70 | 78 |
| Venteira · e40a7d | Active | €379,000 | €4,211 | 25.5% | 74 | 76 |
| Median comp | €397,000 | €3,538 | 5.5% | 70 | 77 |
Long-term rental The 3-bed apartment in Queluz e Belas offers a gross yield of 3.8%, aligning with the fair market value at €369,000. With the neighborhood rating of 73/100, it presents a stable opportunity in a suburban area with good access to city amenities. Family rental Positioned in a family-friendly neighborhood with decent amenities, this apartment meets the needs of long-term family renters. Although the fair value suggests it's priced appropriately, it remains a viable option for families looking for comfortable living space in Sintra. Buy-and-hold Acquiring this property for a buy-and-hold strategy could be beneficial due to its fair valuation and steady demand in a well-rated neighborhood. With overall condition scoring 68/100, there is potential for value appreciation in the long run, making it a reasonable choice for investors.
Tenant turnover risk: With a tenant stability score of 65/100, there is a heightened risk of turnover, which can lead to increased vacancy periods and additional costs for property management and marketing.
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